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Blackstone acquires 70% in Ace Insurance for ₹1,700 cr
Financial Express Lucknow
|October 25, 2025
GLOBAL PRIVATE EQUITY giant Blackstone has acquired a majority stake in New Delhi-based Ace Insurance Brokers for around ₹1,700 crore, marking one of the largest transactions in India’s insurance intermediary market.
According to sources, the US-based investor has purchased about 70% stake in Ace Insurance Brokers, which provides a wide range of insurance and reinsurance services in
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Financial Express Lucknow
Bajaj Fin sees 27% growth in festive loan disbursals
BAJAJ FINANCE, A part of Bajaj Finserv, on Tuesday said it disbursed a record number of consumer loans in the festive season, registering a 27% growth in volume and 29% in value year-on-year.
1 min
November 05, 2025
Financial Express Lucknow
Exporters seek interest relief, faster GST refunds
INDIA’S EXPORTERS, IN a recent meeting with Prime Minister Narendra Modi, have asked for support that will help mitigate the adverse fallout of extra tariffs that their shipments to the US face, when compared to main competitors.
3 mins
November 05, 2025
Financial Express Lucknow
Centre turns wary of green power bids
THE GOVERNMENT MAY also review the green shoe option, that is, the flexibility to SECI and procuters to raise the total contracted capacity from beyond the originally awarded level.
2 mins
November 05, 2025
Financial Express Lucknow
Spot power prices down 32% in October
STEADY SUPPLY
1 mins
November 05, 2025
Financial Express Lucknow
Govt turns wary of green power bids
To revise contract model; case-by-case approach likely
1 min
November 05, 2025
Financial Express Lucknow
Adani to raise ₹25K-cr via rights issue
ADANI ENTERPRISES ON Tuesday said its board has approved a fundraise of ₹25,000 crore through a rights issue, aimed at strengthening its balance sheet and supporting the next phase of business incubation.
2 mins
November 05, 2025
Financial Express Lucknow
The Badshah of bankability
BRANDS CAN PICK UP LESSONS ON AUTHENTICITY & CONTINUOUS REINVENTION FROM SRK
3 mins
November 05, 2025
Financial Express Lucknow
Airtel to approach Govt for AGR relief
BHARTI AIRTEL ON Tuesday said it plans to approach the government, seeking a reassessment of its adjusted gross revenue (AGR) dues.
1 min
November 05, 2025
Financial Express Lucknow
EU attempts new targets ahead of COP30
THE EUROPEAN UNION is attempting to forge new climate goals on Tuesday before the UN climate talks in Brazil starting next week.
1 min
November 05, 2025
Financial Express Lucknow
Steel PLI 1.2 to focus on advanced products
THE GOVERNMENT ON Tuesday launched the third round of production linked incentive (PLI 1.2) scheme for “specialty steel” to attract new investments in these emerging and advanced steel products.
1 mins
November 05, 2025
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