Indorama to pick up 24.9% stake in EPL Ltd from Blackstone for $200 million | Company Business News

Bengaluru: Indorama Ventures Europe (IVE) will acquire a minority stake of about 24.9% in EPL Limited, a global specialty packaging company and manufacturer of laminated tubes, from private equity firm Blackstone for $200 million. The sale, which is expected to be completed in the coming months, is pegged at ₹240 a share and is subject … Read more

Stock market crash: Equity investors lose Rs 16.97 lakh crore in just 5 days – top reasons BSE Sensex, Nifty50 have crashed

Stock market crash: In a span of five trading sessions, equity investors suffered losses amounting to Rs 16.97 lakh crore. (AI image) Stock market crash: BSE Sensex and Nifty50, the Indian equity benchmark indices, have crashed around 3% in the last five trading sessions. It’s been a bloodbath on the Dalal Street with major stocks … Read more