Blackstone, other investors commit up to $2.8 billion to acquire controlling stake in Mphasis
The Hindu
A wholly-owned subsidiary of the Abu Dhabi Investment Authority (ADIA), UC Investments and other long-term investors will co-invest along with it, Blackstone said in a statement
Blackstone on April 26 announced that private equity funds managed by it have entered into definitive agreements to acquire a majority stake in Mphasis Ltd. A wholly-owned subsidiary of the Abu Dhabi Investment Authority (ADIA), UC Investments and other long-term investors will co-invest along with it, Blackstone said in a statement. Amit Dixit, Co-Head of Asia Acquisitions and Head of India for Blackstone Private Equity, said “This investment enables us to continue creating value for the long term with continuity in the management team and the board, and provide additional resources to further accelerate the company’s growth momentum.”
The debate on reservation in judicial appointments for diversity and representation in the Supreme Court and High Courts.
Boosting business confidence, India and U.S. aim to double commerce to $500 billion by 2030 through bilateral trade agreement.
Actors Vikrant Massey and Bhumi Pednekar advise students to focus on life skills, not just exams, during PM's Pariksha Pe Charcha.
Two Rajpura youths deported from the U.S. arrested for murder upon landing at Amritsar airport.
Fatal accident on Purvanchal Expressway in Barabanki; tempo-traveller collides with bus, leaving 4 dead and 6 injured.
Vizianagaram district installs CC cameras on State Highways to reduce accidents, identify vehicles, and promote road safety.
Andhra Pradesh CM N. Chandrababu Naidu mourns the death of film producer and actor Krishna Veni, honoring her contributions.
Illegal Indian immigrants deported from the U.S. were brought back in shackles, revealing the harsh reality of their journey.
UN report highlights resilience of ISIL and Al-Qaida, with ISIL-K posing a serious threat in Afghanistan and beyond.
Chief Minister M.K. Stalin strongly opposes Union Minister Dharmendra Pradhan's comments on Tamil Nadu's stance against National Education Policy.
The makers of Malayalam superstar Mammootty’s next, Kalamkaval, unveiled the first-look poster of the film on Saturday
Tamil Nadu's archaeological milestones in 2025 include the discovery of the Indus Valley script and ancient iron usage.
Kuki-Zo MLAs in Manipur hope for central government's comprehensive political roadmap for peace and justice post President's rule.