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Mizuho to buy majority stake in Avendus from KKR for $523 mn

December 18, 2025

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Financial Express Lucknow

DEALMAKING GAINS MOMENTUM

- ANTON BRIDGE

MIZUHO SECURITIES ON Wednesday said it will buy a majority stake in Indian investment bank Avendus from US investment firm KKR for up to 81 billion yen ($523 million).

The buyout adds to Japanese financial institutions' growing footprint in India, where a fast-growing economy has made it an attractive target for Japanese firms facing an ageing and shrinking population at home.

المزيد من القصص من Financial Express Lucknow

Financial Express Lucknow

Utilise green credit plan to fight pollution

Operationalising green credits for air pollution reduction can mobilise private capital, complement regulatory enforcement, and deliver measurable benefits

time to read

3 mins

December 19, 2025

Financial Express Lucknow

India's policy signalling problem

DURABLE REFORMS SUCCEEDED AS THEY'RE PRECEDED BY CONSULTATION; RECENT VOLATILITY STANDS IN CONTRAST

time to read

4 mins

December 19, 2025

Financial Express Lucknow

Securities market Bill in LS

UNDERTHE BILL, the strength of the Sebi board will increase from nine to 15 members. The Code also provides a framework for inter-regulatory coordina- tion, including for the listing of non-traditional securities, and introduces regulatory sand- boxes to facilitate innovation in financial products, contracts and services. In addition, Sebi will be mandated to follow a transparent and consultative process while issuing subordi- nate legislation, conduct peri- odic reviews of regulations, and carry out regulatory impact assessments.

time to read

2 mins

December 19, 2025

Financial Express Lucknow

Sebi mulls stricter norms for M&As

MOVE TO PROTECT SMALLER INVESTORS

time to read

1 min

December 19, 2025

Financial Express Lucknow

Brokerages hail TCS’s AI ambitions

BROKERAGES REMAINED LARGELY bullish on Tata Consultancy Services (TCS) and welcomed the IT major's aspirations to become the world's largest AI-led tech services giant, sending its shares up 2% on Thursday.

time to read

1 min

December 19, 2025

Financial Express Lucknow

Corporate leaders hail Bengal’s biz climate, pledge huge investments

TOP INDUSTRY LEADERS on Thursday lauded the Mamata Banerjee-led West Bengal government for maintaining a “favourable” business climate, as several companies announced expansion and fresh investment plans during a conclave here.

time to read

1 min

December 19, 2025

Financial Express Lucknow

ECB registrations at two-year low

ACTIVITY SLOWS

time to read

1 mins

December 19, 2025

Financial Express Lucknow

Reliance buys majority stake in TN's Udhaiyam Agro Foods

RELIANCE INDUSTRIES' consumer products division has acquired a majority stake in Tamil-Nadu-based food company Udhaiyams Agro via a joint venture agreement, it said on Friday.

time to read

1 min

December 19, 2025

Financial Express Lucknow

New BP boss becomes Big Oil’s most powerful woman

MEG O'NEILL'S RAPID rise to the top of one of the world’s biggest fossil-fuel companies has been unencumbered by doubt.

time to read

1 mins

December 19, 2025

Financial Express Lucknow

No binding pact: Shriram clarifies on MUFG deal

SHRIRAM FINANCE ON Thursday said it has not entered into any binding agreement with any investor, responding to a stock exchange query on a media report that Japan's Mitsubishi UFJ Financial Group (MUFG) may invest up to $5 billion in the company for a 20% stake.

time to read

1 min

December 19, 2025

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