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

Finance

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 ...

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

TMT

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

Blackstone Group and World Bank arm International Finance Corporation (IFC) backed Fino Payments ...

India cabinet eases foreign investment rules to aid BPCL sale

Infrastructure

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 ...

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

General

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...

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

General

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 ...

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

General

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 ...

Govt extends deadline for initial bids to buy Bharat Petroleum

Manufacturing

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 ...

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

Manufacturing

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 ...

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

Markets

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 ...

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

Finance

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 ...