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BlackRock

BlackRock's Financial Markets Advisory Group was established in 2008 to provide advice to governments, central banks and financial institutions

Updated On: 06 Apr 2023 | 10:34 PM IST

While BlackRock has slashed Byju's valuation by nearly 50 per cent, Invesco has cut Swiggy's stake value by over 23 per cent

Updated On: 01 Apr 2023 | 8:11 AM IST

Adani seeks to reassure international investors that the ports-to-power empire's finances are under control

Updated On: 30 Mar 2023 | 10:12 AM IST

BlackRock has denied that it's working on a possible rival bid for Credit Suisse Group AG

Updated On: 18 Mar 2023 | 6:45 PM IST

The edtech giant has to sever 2,500 employees to avoid role duplication across businesses, says founder in a letter to employees

Updated On: 31 Oct 2022 | 6:22 PM IST

BlackRock's assets under management dropped 16% to $7.96 trn as a stronger dollar also piled on pressure by dampening the value of investments in key European and Asian markets

Updated On: 13 Oct 2022 | 4:37 PM IST

Tata Power arm Tata Power Renewable Energy on Thursday said it raised around Rs 2,000 crore by issuing 8.36 crore equity shares to BlackRock-backed GreenForest New Energies Bidco, according to a regulatory filing. Earlier in April this year, BlackRock Real Assets-led consortium, including Mubadala Investment Company, had inked a binding agreement with Tata Power to invest Rs 4,000 crore by way of equity/compulsorily convertible instruments for a 10.53 per cent stake in Tata Power Renewables Energy Ltd, translating to a base equity valuation of Rs 34,000 crore. The final shareholding will range from 9.76 per cent to 11.43 per cent on final conversion, it had said in April this year. "The board of directors of Tata Power Renewable Energy Ltd, a wholly-owned subsidiary of the company, today approved the allotment of 8,36,05,049 equity shares of Tata Power Renewable Energy Ltd of the face value of Rs 10 each at a price of Rs 239.22 per equity share (including premium of Rs 229.22) ...

Updated On: 18 Aug 2022 | 3:50 PM IST

The $620 billion Public Investment Fund also added to positions it held in Facebook Inc. owner Meta Platforms Inc., PayPal Holdings Inc. and Electronic Arts Inc. in the second quarter

Updated On: 16 Aug 2022 | 6:21 PM IST

For Coinbase investors, the news is a much-needed signal that its status as a giant in the crypto sector remains rock solid

Updated On: 04 Aug 2022 | 11:00 PM IST

Unlisted firm Tata Power Renewables Energy plans to raise Rs 6,000 cr; Both Blackrock and Mubadala had invested $525 million this April for 10.5% stake

Updated On: 21 Jul 2022 | 12:54 AM IST

BlackRock, T Rowe Price participate in the round; the edtech major's valuation has risen by over $1 bn since last round of fundraising

Updated On: 18 May 2022 | 1:52 PM IST

The BLK SPV, along with Mubadala as co-investor, will invest Rs 4,000 crore in two equal tranches of Rs 2,000 crore each

Updated On: 14 Apr 2022 | 5:28 PM IST

Equity funds led the way, with a $76 billion haul, while bond funds saw $7.5 billion

Updated On: 14 Apr 2022 | 12:36 AM IST

The insurer has been sharpening its focus on its core operations and making necessary preparations to split off its life and retirement unit, which is planned for the first half of this year

Updated On: 28 Mar 2022 | 11:53 PM IST

Fink said the Coronavirus pandemic had already set these wheels in motion, CNN reported

Updated On: 24 Mar 2022 | 9:43 PM IST

BlackRock Inc, the world's largest asset manager, said it had halted purchase of all Russian securities in its active and index funds as of Monday after Russia's invasion of Ukraine

Updated On: 04 Mar 2022 | 10:37 AM IST

Fink built on themes he has sounded in previous January missives to other CEOs, calling on them to find a purpose and to take account of issues like climate change

Updated On: 18 Jan 2022 | 11:45 AM IST

Assets under management stood at $10.01 trillion at the end of the quarter, up from $8.68 trillion a year earlier.

Updated On: 14 Jan 2022 | 8:11 PM IST

The group will buy a 49 per cent stake in Aramco Gas Pipelines

Updated On: 08 Dec 2021 | 12:36 AM IST

BlackRock has upgraded Chinese stocks as policy hurdles ease while trimming its exposure to Indian equities

Updated On: 27 Nov 2021 | 1:39 PM IST