India: R Thyagarajan says open to resuming IDFC-Shriram merger talks

R. Thyagarajan says Shriram Group is not desperately dependent on any deal with anyone. Photo: Nathan G./Mint

A day after IDFC Ltd and Shriram Capital Ltd called off a proposed merger due to differences over valuation, R. Thyagarajan, founder of the South India-based group, said that it’s too early to write an obituary for the IDFC-Shriram deal.

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