BPCL
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 investment in Fino ......
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 Bank has filed draft papers with the ......
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 state-run oil companies in which a ......
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 Co. Ltd among candidates ......
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 about 617 megawatt worth of ......
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 ShareChat at a valuation of over a ......
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 Bharat Petroleum Corp Ltd ......
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 fiscal year, according to a ......
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 government stimulus measures ......
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 month now, ......