Blackstone limits withdrawals from $79 billion private credit fund

Blackstone limits withdrawals from $79 billion private credit fund

Blackstone Ltd has moved to limit investor withdrawals from its flagship private credit vehicle after redemption requests surged, as liquidity concerns across private markets grow. The alternative asset manager capped withdrawals from its $79 billion Blackstone Private Credit Fund (BCRED) at 5% of outstanding shares after investors sought to redeem about 10% of shares during…

Read More
Uddhav Thackeray's show of strength falls flat; only 3 of 9 MPs attend parliamentary meeting despite whip | India News

Uddhav Thackeray’s show of strength falls flat; only 3 of 9 MPs attend parliamentary meeting despite whip | India News

NEW DELHI: Only three of Shiv Sena (UBT)’s nine Lok Sabha MPs attended the party’s crucial parliamentary meeting in New Delhi on Thursday, intensifying speculation of an imminent split in the Uddhav Thackeray-led outfit. The low turnout came despite the party issuing a three-line whip directing all its MPs to be present at the meeting.Sena…

Read More
Amber Enterprises share price in focus: Brokerages turn bullish post Oppo tie-up, sees new growth avenue - Check hiked target - Markets

Amber Enterprises share price in focus: Brokerages turn bullish post Oppo tie-up, sees new growth avenue – Check hiked target – Markets

Amber’s subsidiary IL JIN is increasing its stake in Ascent Circuits from 60 per cent to 98.5 per cent for Rs 337 crore. Strengthens Amber’s PCB manufacturing and backward integration capabilities. Along with earlier acquisitions, Amber is building a strong domestic electronics manufacturing ecosystem. (Disclaimer: The above article is meant for informational purposes only, and…

Read More
Lalu Prasad's 79th birthday bash: RJD worker climbs JCB to cut cake, falls; video goes viral | Patna News

Lalu Prasad’s 79th birthday bash: RJD worker climbs JCB to cut cake, falls; video goes viral | Patna News

PATNA: Rashtriya Janata Dal (RJD) chief and former Bihar chief minister Lalu Prasad celebrated his 79th birthday on Thursday, with party workers and supporters holding events across Bihar to mark the occasion.One such celebration in Vaishali district grabbed attention after an RJD worker fell while cutting a cake atop a JCB machine.RJD worker Kedar Yadav…

Read More
‘Toxic: A Fairytale For Grown-Ups’: Rukmini Vasanth calls it ‘Unmatched’ in scale; Yash starrer builds ‘New World’ | Telugu Movie News

‘Toxic: A Fairytale For Grown-Ups’: Rukmini Vasanth calls it ‘Unmatched’ in scale; Yash starrer builds ‘New World’ | Telugu Movie News

Rukmini Vasanth has opened up about her excitement for her upcoming film ‘Toxic: A Fairytale for Grown-Ups’. She described the project as unique in scale and ambition. The film stars Yash and is directed by Geetu Mohandas and is scheduled to release on June 4 in multiple languages. ‘Unmatched’ scale and vision for ‘Toxic’ As…

Read More
India tightens silver import curbs; DGFT approval now mandatory for grains, powder

India tightens silver import curbs; DGFT approval now mandatory for grains, powder

India has tightened restrictions on silver imports by bringing additional categories, including silver grains and powder, under the restricted list and requiring prior government approval for shipments, according to a government order issued on Tuesday.Under the revised rules, imports of silver in the form of grains, powder, other forms, and products containing 99.9 per cent…

Read More