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Blackrock Global Funds

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Overseas loans' share in total Adani group debt portfolio declines

The share of foreign loans in total Adani group debt portfolio dropped to 61 per cent by September 2023 from 63 per cent as of March 2023, as the group repaid part of its foreign loans and......

US investor BlackRock slashes Byju's valuation by 95% to $1 billion

In November 2023, Netherlands-based tech investor Prosus NV marked down Byju's valuation to under $3 billion. Peerzada Abrar reports. Photograph: Dado Ruvic/Reuters BlackRock has again reduced......

Byju's in talks with investors to raise $300 mn in return for more controls

With investors asking for a change in the board structure at Byju’s, the edtech giant’s founder and chief executive officer (CEO), Byju Raveendran, is now asking them to put $300......

Queue for MF licences thins amid quick Sebi approval, withdrawals

The queue for mutual fund (MF) licences has thinned down due to quick clearances by the Securities and Exchange Board of India (Sebi) alongside applications being withdrawn amid regulatory changes.......

Why Odds Are Against New Mutual Funds

Meaningful market share would go to those who have the distribution strength to push their products, such as banks. Illustration: Dominic Xavier/Rediff.com Competition is expected to intensify in......

Formula One faces BIG shake-up after Liberty deal

IMAGE: A race queen stands next to a Ferrari Formula One car at the pit. Photograph: Kim Kyung-Hoon/Reuters. Formula One faces its biggest shake-up in decades with the announcement on Wednesday......

Blackrock, others buy $1.6 bln stake in Formula One

Private equity firm CVC Capital has sold a $1.6 billion stake in Formula One to three investors including BlackRock ahead of the motor racing company's planned $3 billion initial public offering in......

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