Blackstone to sell 23% stake in Essel Propack

Mumbai: The US based private equity major Blackstone will sell about 23% stake in Essel Propack, the leading speciality packaging company, in a deal worth $ 250 million (Rs 1830 crore), said two people aware…

Will you be able to sell units of…

Sebi last week allowed mutual funds to list units of wound-up schemes on exchanges. Will this provide an exit route to investors stuck in shuttered schemes in future? Imagine, a Franklin Templeton like episode in…

Apple aims to sell Macs with its own…

SAN FRANCISO: Apple Inc is planning to start selling Mac computers with its own main processors by next year, relying on designs that helped popularise the iPhone and iPad, according to people familiar with the…

Saudis set to sell 600,000 barrels a day…

By Javier BlasSaudi Arabia is set to sell about 600,000 barrels a day of crude to the US in April, the highest volume in a year, according to a Saudi industry official familiar with allocations…