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Housed Under Grasim, Clean Energy Biz Valued At ₹14.6K Cr MUMBAI: BlackRock, one of the world’s largest asset managers, is set to invest Rs 3,000 crore in Aditya Birla Group’s renewable energy business for a minority stake. The business, housed under Grasim, has been valued at Rs 14,600 crore, highlighting the growing investor interest in…
Bankim Brahmbhatt (Industry Chronicle) American investment giant BlackRock has reportedly fallen victim to a multi-million-dollar fraud allegedly involving Bankim Brahmbhatt, the Indian-origin CEO of US-based telecom companies Broadband Telecom and Bridgevoice, The Wall Street Journal reported.Lenders, including HPS Investment Partners – the private credit arm of BlackRock – have accused Brahmbhatt’s firms of fabricating accounts…
BlackRock’s private-credit investing arm and other lenders accuse Indian-origin Bankim Brahmbhatt of multi-million dollar fraud. American investment company BlackRock reported to have fallen prey to a multi-million-dollar ‘breathtaking’ fraud allegedly orchestrated by Bankim Brahmbhatt, the Indian-origin CEO of a US-based telecom company, Broadband Telecom and Bridgevoice. The Wall Street Journal reported that lenders have accused…
