Blackstone is likely to raise Rs 4,000 crore through the transaction. Currently, Blackstone holds a 34.12 percent stake in Sona BLW.
#Blackstone likely to sell shares worth ₹4000 cr (13.6% eq) of Sona BLW tomorrow. Sona BLW block deal tomorrow at ₹500/sh, 7% discount to CMP, say sources
Wipro holds variable pay of senior employees but assures salary hikes from September
ONGC signs agreement with ExxonMobil for deepwater exploration in India