Go Unlimited with Magzter GOLD

Go Unlimited with Magzter GOLD

Get unlimited access to 10,000+ magazines, newspapers and Premium stories for just

$149.99
 
$74.99/Year
The Perfect Holiday Gift Gift Now

CCI clears Blackstone proposal for 9.99% stake in Federal Bank

Financial Express Pune

|

December 24, 2025

THE COMPETITION COMMISSION of India on Tuesday approved the proposal of Blackstone, the world's largest alternative assets manager, to acquire a 9.99% stake through warrants in Federal Bank.

- FE BUREAU

The acquisition will be carried out through Blackstone's arm Asia II Topco XIII Pte.After the transaction, Blackstone will have the right to nominate a director on the board of Federal Bank as long as its holds at least a 5% stake.

MORE STORIES FROM Financial Express Pune

Financial Express Pune

Law firms push institutional pay reform

Shifting client demands and talent drive legal practice reform

time to read

3 mins

January 02, 2026

Financial Express Pune

Banks to float own pension funds

THE PENSION FUND Regulatory and Development Authority (PFRDA) has approved a new framework allowing Scheduled Commercial Banks (SCBs) to independently set up pension funds for managing the National Pension System (NPS), a move aimed at strengthening India's pension ecosystem.

time to read

1 mins

January 02, 2026

Financial Express Pune

TVS Motor tops 2025 Dec e2W sales

TVS MOTOR CLOSED 2025 as the leader in the electric twowheeler (e2W) market with a 26% market share in December.

time to read

1 mins

January 02, 2026

Financial Express Pune

2025 sees evolution of competition law regime

THE YEAR 2025 marked a significant phase in the evolution of Competition Law regime.

time to read

3 mins

January 02, 2026

Financial Express Pune

MCA relaxes KYC norms for directors

THE CORPORATE AFFAIRS

time to read

1 min

January 02, 2026

Financial Express Pune

Pvt share in new projects at fresh high; overall investments drop

NEW INVESTMENTS BY the government sector contracted for three quarters in a row beginning the June 2025 quarter.

time to read

2 mins

January 02, 2026

Financial Express Pune

Mamdani sworn in as NYC mayor

DEMOCRAT ZOHRAN MAMDANI was sworn in as New York City's mayor in the first minutes of the New Year on Thursday at the historic City Hall subway station, kicking off a term that will be closely watched by both liberal backers and conservative opponents.

time to read

1 min

January 02, 2026

Financial Express Pune

India and Pak exchange lists of civilian prisoners, nuclear installations

CONTINUING AN ANNUAL practice that began in 1992, India and Pakistan on Thursday exchanged lists of their nuclear installations that cannot be attacked in the event of hostilities.

time to read

1 mins

January 02, 2026

Financial Express Pune

Car sales surge 26% in December

PASSENGER VEHICLE (PV) WHOLESALE despatches from manufacturers to dealers recorded strong double-digit growth in December, signalling sustained demand momentum in the domestic auto market, triggered by GST cuts announced in September.

time to read

1 mins

January 02, 2026

Financial Express Pune

Operators of KFC, Pizza Hut to merge

KFC AND PIZZA HUT operators Sapphire Foods and Devyani International said on Thursday they will merge in a $934-million deal, creating a fast-food franchisee powerhouse in the world's most populous country.

time to read

1 min

January 02, 2026

Listen

Translate

Share

-
+

Change font size

Holiday offer front
Holiday offer back