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Blackstone may get 5x return on IPO-bound Fino Payments Bank investment

Finance

10 October, 2021

Blackstone may get 5x return on IPO-bound Fino Payments Bank investment

US private equity major Blackstone Group is likely to make an over five times return on its investment in Fino ......

Blackstone, IFC backed Fino Payments Bank files draft papers for IPO

TMT

02 August, 2021

Blackstone, IFC backed Fino Payments Bank files draft papers for IPO

Blackstone Group and World Bank arm International Finance Corporation (IFC) backed Fino Payments Bank has filed draft papers with the ......

India cabinet eases foreign investment rules to aid BPCL sale

Infrastructure

22 July, 2021

India cabinet eases foreign investment rules to aid BPCL sale

India's federal cabinet approved plans on Thursday to allow 100% foreign direct investment in state-run oil companies in which a ......

Grapevine: Govt mulls Bhel stake sale; Blackstone closes in on Embassy Industrial Parks

General

08 February, 2021

Grapevine: Govt mulls Bhel stake sale; Blackstone closes in on Embassy Industrial Parks

The Union government may consider Bharat Heavy Electricals Ltd (Bhel), Mecon Ltd and Andrew Yule and Co. Ltd among candidates ......

Grapevine: NIIF emerges as top bidder for Mahindra Susten's assets

General

16 December, 2020

Grapevine: NIIF emerges as top bidder for Mahindra Susten's assets

The National Investment and Infrastructure Fund (NIIF) has emerged as the top bidder to acquire about 617 megawatt worth of ......

Grapevine: Google eyes Twitter-backed ShareChat; Apollo Global joins fray for BPCL

General

24 November, 2020

Grapevine: Google eyes Twitter-backed ShareChat; Apollo Global joins fray for BPCL

Google is in preliminary talks to acquire Twitter-backed regional language social media platform ShareChat at a valuation of over a ......

Govt extends deadline for initial bids to buy Bharat Petroleum

Manufacturing

30 September, 2020

Govt extends deadline for initial bids to buy Bharat Petroleum

India said on Wednesday it has extended the deadline for submitting initial bids to buy state-owned Bharat Petroleum Corp Ltd ......

BPCL sale may be delayed until next fiscal year, worsening federal deficit woes

Manufacturing

25 September, 2020

BPCL sale may be delayed until next fiscal year, worsening federal deficit woes

India's efforts to privatise refiner Bharat Petroleum Corp. Ltd. could spill over into the next fiscal year, according to a ......

Sensex, Nifty gain on bank stocks' boost; focus on stimulus

Markets

06 May, 2020

Sensex, Nifty gain on bank stocks' boost; focus on stimulus

Indian shares rose on Wednesday on the back of a resurgence in banking stocks as markets awaited government stimulus measures ......

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As coronavirus gears up to flog dividends, a look at the stock goodies dangled in the past

Finance

27 April, 2020

As coronavirus gears up to flog dividends, a look at the stock goodies dangled in the past

In the wake of the coronavirus pandemic, India has been in a nation-wide lockdown for more than a month now, ......