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Blackstone gets RBI nod for Federal Bank

Mint Chennai

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February 06, 2026

The Reserve Bank of India has approved private equity firm Blackstone’s acquisition of up to a 9.99% stake in Federal Bank, the private lender said on Thursday.

The deal, which would make Blackstone the largest shareholder in the bank, adds to the growing list of large investments by marquee investors in the financial services sector in India.

PLUS D'HISTOIRES DE Mint Chennai

Mint Chennai

Mint Chennai

India likely to boost coking coal imports from US as part of deal

India is likely to increase imports of coking coal—used mainly in steel and cement production—from the US in a bid to enhance energy partnership, as part of a trade deal between the two countries, said two people aware of the development.

time to read

1 mins

February 06, 2026

Mint Chennai

Mint Chennai

Capital controls are creeping back: Look at Indonesia's case

Jakarta has begun tightening rules and others could follow suit

time to read

3 mins

February 06, 2026

Mint Chennai

Mint Chennai

Sebi moves to ease some rules for InvITs and Reits

Regulator has proposed to ease norms on cash deployment and borrowing flexibility

time to read

1 mins

February 06, 2026

Mint Chennai

Mint Chennai

AI startups can transform India’s IT sector: Lightspeed

Even as several software-as-a-service startups head to the public markets this year, India hasn’t capitalized on the boom of the 2010s, according to a top executive at global venture capital firm Lightspeed Venture Partners.

time to read

2 mins

February 06, 2026

Mint Chennai

Air India to investigate Boeing jet fuel-switch incident

Air India said on Thursday it was investigating if its crew followed all compliance procedures when a Boeing jet took off from London with a possible fuel-switch defect, only to be later grounded in India.

time to read

1 min

February 06, 2026

Mint Chennai

Mint Chennai

'Branded developers set to buck India's real estate slowdown'

India's top developers, such as Godrej Properties Ltd (GPL), will outpace the pace of the real estate sector's growth, according to a senior company executive.

time to read

1 mins

February 06, 2026

Mint Chennai

Cyber attack on JLR lands Tata Motors PV in Q3 loss

Even as its India business significantly grew both revenue and profit due to federal tax cuts and a festive season rush, Tata Motors Passenger Vehicles Ltd's consolidated numbers in the October-December quarter were pulled down by the impact of a cyber attack on its UK-based subsidiary Jaguar Land Rover (JLR).

time to read

1 min

February 06, 2026

Mint Chennai

Mint Chennai

After years of excess, a return to essentials

Dressing for the photograph has overtaken dressing for the experience but the pendulum seems to be swinging back again

time to read

3 mins

February 06, 2026

Mint Chennai

Mint Chennai

HAVE TO CONTINUOUSLY MONITOR OUTCOMES: FM

Nirmala Sitharaman on creating more jobs, building industry competitiveness & facilitating easier cross-border trade

time to read

9 mins

February 06, 2026

Mint Chennai

Mint Chennai

Are ETFs beyond gold, silver feasible?

Mutual funds and commodity exchanges are exploring whether exchange traded funds (ETFs) can be expanded beyond gold and silver.

time to read

3 mins

February 06, 2026

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