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Swiggy cuts IPO valuation again, BlackRock and CPPIB to invest

TMT

28 October, 2024

Swiggy cuts IPO valuation again, BlackRock and CPPIB to invest

Indian food delivery giant Swiggy has slashed its IPO valuation again, to $11.3 billion, 25% below the initial goal of ......

Premium
Grapevine: Ayana Renewable Power, Nebras Power in news

General

25 October, 2024

Grapevine: Ayana Renewable Power, Nebras Power in news

Oil and Natural Gas Corp has emerged as the frontrunner for a NIIF-backed renewable power company, while Qatar’s Nebras Power ......

GIC, BlackRock snap up Hyundai India shares in record $3.3 bn IPO

Manufacturing

15 October, 2024

GIC, BlackRock snap up Hyundai India shares in record $3.3 bn IPO

Hyundai Motor India sold shares worth $989.4 million to institutional investors including BlackRock and Fidelity on Monday, as the carmaker launched a ......

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Grapevine: Ola seeks investor nod for listing; BlackRock among bidders in Hyundai India IPO

General

11 October, 2024

Grapevine: Ola seeks investor nod for listing; BlackRock among bidders in Hyundai India IPO

Ola Consumer has sought approval from its investors to change its registration to a public one, The Arc reported. This could mark ......

Bajaj Housing Finance's $782 mn IPO oversubscribed in busy week for Indian floats

Finance

09 September, 2024

Bajaj Housing Finance's $782 mn IPO oversubscribed in busy week for Indian floats

Bajaj Housing Finance's $782 million public offer was oversubscribed nearly twice on the first day of bidding on Monday, kicking off ......

BlackRock's assets soar to fresh record high in second quarter of 2024

Finance

15 July, 2024

BlackRock's assets soar to fresh record high in second quarter of 2024

Assets managed by BlackRock, the world's largest money manager, hit a record high of $10.65 trillion in the second quarter ......

BlackRock teases indexes for private markets after $3.2 bn Preqin deal

Finance

02 July, 2024

BlackRock teases indexes for private markets after $3.2 bn Preqin deal

BlackRock could start offering indexes and exchange-traded funds (ETFs) for private markets, the asset manager said on Monday, after it ......

BlackRock appoints MD for UAE, Oman, Bahrain

People

10 June, 2024

BlackRock appoints MD for UAE, Oman, Bahrain

BlackRock on Monday said it hired Mohammad Al Fahim as managing director and head of the United Arab Emirates to ......

KKR, GIP lead Indo-Pacific infra group to invest $25 bn in India, other countries

Infrastructure

06 June, 2024

KKR, GIP lead Indo-Pacific infra group to invest $25 bn in India, other countries

KKR, Global Infrastructure Partners (GIP) and the Indo-Pacific Partnership for Prosperity have formed a coalition to invest $25 billion in ......

BlackRock bullish on India, seeks to grow government bond ETF share

Finance

15 May, 2024

BlackRock bullish on India, seeks to grow government bond ETF share

BlackRock Inc, the world's largest fund manager, is looking to raise its share in India's $500 billion pool of fully ......