Carlyle to take control of Nido Home Finance

MUMBAI: Edelweiss Financial Services on Monday said it will bring in The Carlyle Group as strategic majority investor in its housing finance subsidiary, Nido Home Finance, with Carlyle-affiliated funds committing Rs 2,100 crore to the business. The transaction, announced on Tuesday, involves the acquisition of a 45% stake in Nido from Edelweiss through a secondary…

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Sachin Tendulkar invites PM Modi, Rahul Gandhi for Arjun-Saaniya Chandok wedding ceremony | Off the field News

Sachin Tendulkar invites PM Modi, Rahul Gandhi for Arjun-Saaniya Chandok wedding ceremony NEW DELHI: Sachin Tendulkar on Tuesday met senior political leaders to invite them to the wedding of his son Arjun Tendulkar and Saaniya Chandok. The legendary cricketer met Rahul Gandhi in New Delhi along with his family and personally extended the invitation.Sharing the…

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Govt to sell 5.3% in Bhel, eyes Rs 4,650cr

MUMBAI: Govt is selling nearly 18.3 crore shares, translating to about 5.3% stake in PSU engineering major Bharat Heavy Electricals (Bhel) to mobilise about Rs 4,650 crore. The disposal of stake will be through the offer for sale (OFS) route that will open today and close on Thursday. The floor price for the OFS has…

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This Karnataka village found buried gold during construction—but it’s not a treasure. Here’s why |

A routine foundation dig for a new house turned extraordinary in a quiet village in Karnataka, when a buried pot containing gold ornaments emerged from the soil. The discovery, made during construction work, immediately sparked excitement and speculation, largely because the location, Lakkundi, is known for its rich archaeological and cultural past. Reports add that…

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‘All the pressure on Pakistan’: USA eye another T20 World Cup shock as old wounds resurface | Cricket News

USA cricketers, and Pakistan cricketers during the T20 World Cup. NEW DELHI: Pakistan head into their high-stakes T20 World Cup clash against the United States in Colombo on Tuesday with expectations mounting and memories of a stunning upset still fresh. Two years after USA’s famous Super Over victory in Dallas, leg-spinner Mohammad Mohsin believes the…

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