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T Rowe Price

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Heavyweight investors' bets go underwater as Byju's valuation slumps to $1 bn

TMT

12 January, 2024

Heavyweight investors' bets go underwater as Byju's valuation slumps to $1 bn

Some of the world’s biggest private equity firms, asset managers, pension funds and sovereign wealth funds are now sitting on ......

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BlackRock cuts Byju's valuation as another investor marks it up

TMT

30 May, 2023

BlackRock cuts Byju's valuation as another investor marks it up

BlackRock Inc., the world’s largest asset manager, has marked down the value of its stake in Byju’s but another public ......

Premium
Two investors knock down Byju's valuation to less than half

TMT

31 March, 2023

Two investors knock down Byju's valuation to less than half

At least two investors of edtech major Byju’s have significantly marked down the value of their stake in the company, ......

T Rowe Price to expand into alternative investments with $4.2 billion Oak Hill deal

General

29 October, 2021

T Rowe Price to expand into alternative investments with $4.2 billion Oak Hill deal

Asset management firm T Rowe Price on Thursday agreed to buy fund manager Oak Hill Advisors in a $4.2 billion ......

Grapevine: Blackstone to lose Amit Jain, may exit Mphasis

General

23 November, 2020

Grapevine: Blackstone to lose Amit Jain, may exit Mphasis

Blackstone India senior managing director Amit Jain is set to quit but yet to formally put in his papers, people ......

UTI AMC gets $87 mn from anchor investors as IPO crosses one-fourth mark

Finance

29 September, 2020

UTI AMC gets $87 mn from anchor investors as IPO crosses one-fourth mark

The initial public offering of UTI Asset Management Co Ltd, the country’s eighth-largest mutual fund house by assets under management, ......

Grapevine: Times Group to sell minority stake in web arm; T Rowe to up UTI Trustee holding

General

19 August, 2020

Grapevine: Times Group to sell minority stake in web arm; T Rowe to up UTI Trustee holding

Bennett Coleman & Co. Ltd (BCCL), also known as Times Group, is looking to sell around 10% stake in its ......

Paytm parent allots shares to SoftBank, others as part of $1 bn fundraise

TMT

13 December, 2019

Paytm parent allots shares to SoftBank, others as part of $1 bn fundraise

SoftBank-backed Indian digital payments startup Paytm's parent is set to allot about 2.6 million shares to investors, according to a ......

SBI to trim stake in UTI Mutual Fund via IPO

Finance

04 December, 2019

SBI to trim stake in UTI Mutual Fund via IPO

Top lender State Bank of India on Wednesday approved the sale of an up to 8.25% stake in mutual fund ......

T Rowe, Ant, others stuff $1 bn cash wad into Paytm e-wallet, bestow $16 bn valuation

TMT

25 November, 2019

T Rowe, Ant, others stuff $1 bn cash wad into Paytm e-wallet, bestow $16 bn valuation

Paytm, operated by One97 Communications, has scooped $1 billion (Rs 7,170 crore) in a fresh round of funding led by ......