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Carlyle Group is likely looking to sell 2 percent stake worth Rs 1,500 crore in Yes Bank via block deal, sources told CNBC-TV 18 on May 2.The deal is likely to be launched tomorrow. Goldman Sachs is said to be the broker to the deal, sources added.Carlyle holds 8.74 percent stake in Yes Bank (post warrant conversion). The stake is held by entity named CA Basque Investments.
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If you ask ChatGPT, the popular artificial intelligence (AI) chatbot, about the most feasible investing option one could explore as a high-risk investor, it promptly asks you to put your money in cryptocurrencies, among other options. Not only does it suggest investing in cryptos, but it also shares with the inquisitive user the key reason for doing so.
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Birla Estates Pvt Ltd, a wholly-owned subsidiary of Century Textiles and Industries Limited and the real estate venture of the Aditya Birla Group, on May 2 announced record sales of its tower Silas at Birla Niyaara that clocked Rs 2,500 crore at launch.According to the company, this has propelled Birla Niyaara’s cumulative sales thus far to over Rs 5,400 crore.
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