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BlackRock's Financial Markets Advisory Group was established in 2008 to provide advice to governments, central banks and financial institutions
While BlackRock has slashed Byju's valuation by nearly 50 per cent, Invesco has cut Swiggy's stake value by over 23 per cent
Adani seeks to reassure international investors that the ports-to-power empire's finances are under control
BlackRock has denied that it's working on a possible rival bid for Credit Suisse Group AG
The edtech giant has to sever 2,500 employees to avoid role duplication across businesses, says founder in a letter to employees
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
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) ...
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
For Coinbase investors, the news is a much-needed signal that its status as a giant in the crypto sector remains rock solid
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
BlackRock, T Rowe Price participate in the round; the edtech major's valuation has risen by over $1 bn since last round of fundraising
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
Equity funds led the way, with a $76 billion haul, while bond funds saw $7.5 billion
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
Fink said the Coronavirus pandemic had already set these wheels in motion, CNN reported
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
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
Assets under management stood at $10.01 trillion at the end of the quarter, up from $8.68 trillion a year earlier.
The group will buy a 49 per cent stake in Aramco Gas Pipelines
BlackRock has upgraded Chinese stocks as policy hurdles ease while trimming its exposure to Indian equities