Legal & Regulatory
JPSML Copthall acquires stake in Indian clothing firm Future Retail
JPSML A/c Copthall Mauritius Investment acquired a 0.6% stake in Mumbai, India-based clothing retail chain Future Retail for INR13.5 crore at INR91.88 apiece on the National Stock Exchange.
Cincinnati startup Nourish wants to give busy people have access to healthy home-cooked meals
Cincinnati, US-based food startup Nourish wants to give people who are too busy, lazy, or tired to cook meals an easy access to healthy home-cooked meals by hiring cooks who will do the task for them for a given fee.
US encourages banks to do business with licensed pot suppliers with new guidelines
The Obama administration has unveiled new guidelines that will encourage lenders to do transactions with state-licensed cannabis shops that are now constrained to doing business only in cash, Reuters reported.
Hedge funds ask Puerto Rico to raise sufficient capital for two years, give up sovereign immunity- sources
Hedge funds planning to participate in the bond offering of Puerto Rico are asking the commonwealth to raise enough capital to last for two years and give up its sovereign immunity, according to sources interviewed by Bloomberg.




