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R Venkataraman

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Automotive, EVs & Mobility 11 Nov 2026, 08:00 AM IST

Blackstone Set to Buy 15% of IIFL in Rs 5,000 Crore Deal

Blackstone is poised to invest about Rs 5,000 crore for a 15% stake in IIFL Finance, in a transaction that would mark one of the largest recent private capital infusions into an Indian financial services company. Promoters Nirmal Jain and R Venkataraman are expected to invest Rs 1,200 crore to maintain their combined holding at roughly 25%, while Rohit Kothari, through Anchorage Capital, will add about Rs 100 crore, taking the total capital raise beyond Rs 6,200 crore.

By RDU Global Wire5 min read
National Governance & Policy12 Oct 2026, 02:41 AM IST

Dissanayake Cites India’s Katchatheevu Position as He Emphasises Stable Bilateral Ties

Sri Lankan President Anura Kumara Dissanayake has pointed to India’s stated position before its Supreme Court that Katchatheevu belongs to Sri Lanka, using the issue to underscore what he described as generally good relations between the two neighbours. His remarks come after India’s Attorney General told the court last week that New Delhi did not intend to reopen the 1974 and 1976 agreements that settled the island’s status.

5 min readRead →

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