Blackstone on Monday said funds managed by the private equity firm will acquire a majority stake in IT firm Mphasis Ltd, triggering an open offer for acquisition of up to 26 per cent stake for about Rs 8,262 crore. A wholly-owned subsidiary of the Abu Dhabi Investment Authority (ADIA), UC Investments (Office of the Chief Investment Officer of The Regents, University of California) and others will co-invest along with Blackstone, a statement said. Based on the open offer subscription, the blended purchase price will vary between Rs 1,452 to Rs 1,497 per share (12-16 per cent premium to 12-month average price and 3-6 per cent discount to 6-month average price) and the purchase consideration will vary between Rs 15,200 crore to Rs 21,000 crore (approximately$2-2.8 billion), the statement said.
Sukanya Verma presents a playlist of 100 Lata Mangeshkar songs from different decades of Hindi films -- songs that make me sing, smile, sob and sigh.
Sukanya Verma suggests that one can take a leaf from these Bollywood movies and see the extent folks can go to cover their prized faces.
It's a regular weekend for these filmi folk.
Kalank, a Karan Johar production, has an uncanny resemblance to a Sanjay Leela Bhansali venture, feels Namrata Thakker.
'I had always told my children that if I got through the fastest finger round, the hot seat was not going to be tough for me.'
Asserting that Uttar Pradesh has undergone a complete transformation under his government, chief minister Yogi Adityanath said on Sunday that there have been no riots since 2017, strict action has been taken against the mafia and the state is in the frontline of implementing welfare schemes, ensuring the ease of doing business and fighting the COVID-19 pandemic.
'If she hadn't been the force that she was, we, who came later, would have continued to be footnotes in the credit titles.'
Shahs new film title hasn't gone down well with the Ek Paheli Leela actress and her manager husband Daniel Weber.
Some senior Congress leaders, including Kapil Sibal and Shashi Tharoor, met at their senior colleague Ghulam Nabi Azad's house in New Delhi on Monday evening after the Congress Working Committee debated their letter to the party's interim chief Sonia Gandhi seeking urgent organisational reforms.
'I have been prepping for this for almost a year.'
Bharatiya Janata Party president Amit Shah, on Sunday, met Mahendra Singh Dhoni as part of the party's 'Sampark for Samarthan'
'What Raamlaxmanji did with Sooraj Barjatyaji in Maine Pyar Kiya and Hum Aapke Hain Koun was beyond a miracle.'
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