Nvidia faced pressure to boost its AI backstop before Jensen Huang's exitNvidia's ambitious $500 billion AI financing partnership with six major Wall Street firms is facing hurdles, with customers and financial p...
Blackstone-backed JP Schools to enter NCR, buys DLF Foundation landBlackstone-backed JP Schools has bought two land parcels from the DLF Foundation to build schools in Gurgaon, with an estimated investment ...
RBI plans curbs on private equity firms controlling stakes in multiple non-bank lenders: ReportIndia's central bank is working on new rules to prevent private equity firms from holding controlling stakes in multiple non-bank lenders. ...
- Fairfax Financial likely to exit IIFL Finance, sources say
Canada's Fairfax Financial Holdings intends to divest its nearly 11% stake in IIFL Finance soon. The sale aims to raise funds for acquiring...
IIFL Finance shares rally 5% as Blackstone leads Rs 6,414 crore capital infusionIIFL Finance shares surged on Wednesday after the company announced a Rs 6,414 crore capital infusion led by Blackstone, which will invest ...
The great Indian money hunt: Why India's shadow banks are pulling in billions of dollarsBlackstone is negotiating a significant investment in IIFL Finance, indicating rising global interest in non-bank lenders. Recent deals inc...
Stocks in news: Cochin Shipyard, Kalyan Jewellers, MRF, Coal India, BHEL and Bajaj FinanceIndian markets are set to resume trading after the Diwali holiday, with investors tracking key stocks such as Cochin Shipyard, Kalyan Jewel...
NCLT flags undervalued, fraudulent HDIL property sale in 2019The order relates to a commercial office premises in Dheeraj Pali Arcade Building on Pali Road, Bandra West, which was transferred to the b...
Blackstone to invest Rs 5,000 crore in IIFL Finance for 16% stake as company raises Rs 6,414 croreIIFL Finance will raise Rs 6,414 crore through a capital infusion led by Blackstone, which will invest Rs 5,000 crore for an approximately ...
IIFL Finance to raise Rs 6,414 crore through preferential issue; Blackstone to invest Rs 5,000 croreIIFL Finance approved a Rs 6,414 crore capital raise led by Blackstone, which will invest Rs 5,000 crore for an approximately 16% stake. Pr...
Blackstone to acquire 16% stake in IIFL Finance as NBFC announces Rs 6,414 crore capital raise led by global investorIIFL Finance is preparing to secure Rs 6,414 crore through a major investment round. Blackstone is set to invest Rs 5,000 crore for a stake...
Blackstone set to acquire 15% of IIFL for Rs 5,000 croreBlackstone will invest around Rs 5,000 crore for a 15% stake in IIFL Finance, while promoters Nirmal Jain and R Venkataraman will invest Rs...
IIFL Finance board to weigh Blackstone, Advent proposals for Rs 5,000 crore capital raiseIIFL Finance's board will consider separate investment proposals from Blackstone and Advent International for a nearly Rs 5,000 crore capit...
Blackstone president says more tech sector fundraising ahead to keep up with AI industry growthBlackstone President Jon Gray said on Tuesday there would be more global equity fundraising needed to keep up with the enormous likely dema...
Anthropic may not secure investment-grade rating after IPO, Blackstone tells investors: ReportThe investment firm expects the AI company to receive a 'high' junk rating, marking a shift from its earlier guidance. The assessment highl...
Blackstone-backed ASK Group appoints Nehal Shah as Group Head of Legal, Compliance and SecretarialBlackstone-backed ASK Asset & Wealth Management Group has appointed Nehal Shah as group head of Legal, Compliance & Secretarial to strength...
Blackstone opens second India office in BengaluruBlackstone has established its second office in India, specifically a global capability centre in Bengaluru. This centre aims to improve th...