BJP data large win in MP, ejects Cong govts in Rajasthan and Chhattisgarh; southern consolation for Grand Old Party with victory in Telangana. Prime Minister Narendra Modi stamped his electoral authority on the heartland forward of the 2024 Lok Sabha polls because the BJP wrested Rajasthan and Chhattisgarh from the Congress whereas retaining Madhya Pradesh with a two thirds majority.
Blackstone, the world’s largest various belongings supervisor, is exiting the distressed belongings house in India by promoting its controlling curiosity in a high-profile, six-year-old three way partnership that features Tata group, HDFC Bank and ICICI Bank. Mathew Cyriac, former PE co-head for Blackstone India, has emerged as frontrunner to purchase a controlling 51% in IARC, mentioned individuals within the know.
Settlement talks have commenced between Raymond Group chairman Gautam Singhania and his spouse Nawaz Modi following their separation, authorized sources near the couple mentioned.
Source: economictimes.indiatimes.com