Bain Capital LP raised $2 billion for its second special situations fund, giving it the biggest pool of capital focusing on complex and structured credit and equity investments in Asia-Pacific.

The second pool of cash is double the size of its first fund and the amount raised exceeded the $1.5 billion target, the Boston-based asset manager said.

The Delhi airport has decided to replace all its vehicles with EVs in the next four months for its airside operations under the Green Transportation Program to reduce its greenhouse gas emissions annually, its operator Delhi International Airport Limited (DIAL) said on Monday.

The plan to induct induct 62 electric vehicles at Delhi's Indira Gandhi International Airport's airside, which include runway, taxiway, and apron involved in the arrival and departure of flights, will help reduce nearly 1,000 tonnes of greenhouse gas emissions yearly.

Billionaire Gautam Adani and India's biggest hospital operators, Apollo Hospitals Enterprise Ltd are assessing bids to take a majority stake in Metropolis Healthcare Ltd, a media report said.

Adani and Apollo's deal with Metropolis could be at least worth $1 billion or Rs 7,765 crore, given the market captalisation of the diagnostic chain and its operations, Mint reported quoting two people familiar with the matter.

Madhya Pradesh Chief Minister Shivraj Singh Chouhan reached Dehradun on the intervening night of Sunday and Monday to take stock of relief operation pertaining to the bus accident of pilgrims from Panna dist in Uttarakhand's Uttarkashi district.

The accident claimed the lives of 25 pilgrims travelling in the bus after it fell into a gorge near Damta in Uttarkashi district on Sunday.

Shares of Life Insurance Corporation of India (LIC) were reeling under pressure, falling 2 per cent to Rs 786.05, on the BSE on Monday. The shares hit their lowest level since listing, with the market capitalistion (market-cap) of the state-owned life insurer breaching below the Rs 5-trillion-mark.

The stock was trading down for fifth straight day, sliding 6 per cent during the period. In comparison, the S&P BSE Sensex shed 0.83 per cent in a week.

The National Company Law Appellate Tribunal (NCLAT) has stayed the insolvency proceedings against RHC Holding, an entity promoted by former promoters of erstwhile Ranbaxy and Fortis Healthcare.

RHC Holding is promoted by brothers -- Shivinder Singh and Malvinder Singh.

Drone startup Garuda Aerospace has appointed cricketer Mahendra Singh Dhoni as the company's firm's brand ambassador, the company announced on Monday. The cricketer will also be one of their shareholders, it added.

“(I) look forward to witness their growth story with the unique drone solutions they have to offer,” said Dhoni, as quoted in the company statement.

Tata Group's Tata Neu, the flagship super app launched by Tata Digital, is not merely a digital front of a hypothetical Tata mall hosting multiple brands at one place, but it is an ecosystem bringing the conglomerate's data-driven omnichannel experience to consumers across multiple channels, said brokerage house JM Financial Institutional Securities.

Tata Neu is a digital gateway for consumers to discover multiple products and services offered by the Tatas.

SpiceJet has restricted 90 pilots from flying MAX aircraft, said the company in a BSE filing. This comes after the Directorate General of Civil Aviation (DGCA) imposed a Rs 10-lakh fine on SpiceJet for training 737 Max aircraft pilots on a faulty simulator.

“Training being imparted by SpiceJet could have adversely affected flight safety and was nullified,” the regulator had earlier said.

On this World Environment Day, ITC reaffirmed its commitment towards a 'Greener Earth' through its bold Sustainability 2.0 agenda.

Building on its sustainability journey of over two decades, ITC, under the leadership of its Chairman Sanjiv Puri, has articulated an ambitious Vision to scale up its efforts in fighting climate change, whilst supporting large scale sustainable livelihoods.

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