US fund buys $400mn stake in insurance broker Ace

The acquistion will help Tritax expand its urban and small-box logistics offerings in the UK’s South East and the Midlands. Mumbai: The US-based Blackstone Group has acquired a majority stake in Mumbai-based Ace Insurance Brokers for about $400 million, valuing the company at $425-450 million. The deal is the largest foreign investment in India’s insurance…

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10 traits of emotionally mature partners

Oh, love can be messy– but with a partner that embraces you and giggles at your jokes even if they are lame, it can turn into a romantic quest. While the challenges in the world persist, having someone by your side who makes a safe space to express (really rant) changes the whole idea. Relationships…

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Following Asia Cup humiliation, PCB chief Mohsin Naqvi stuns cricket world: Test captain becomes administrator | Cricket News

Shan Masood is set to join the Pakistan Cricket Board (PCB) as a consultant for international cricket. The announcement was made by PCB chairman Mohsin Naqvi (Image credit: Agencies) NEW DELHI: Shan Masood has announced that he will step down as Pakistan’s Test captain, following the team’s defeat in the second Test against South Africa…

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Sebi cracks whip, bans 13 entities

sebi identify iex insider trading Mumbai: Sebi has banned 13 entities from the market for between one and three years, and also put a combined monetary penalty of nearly Rs 1.1 crore for front running trades of three large entities. In Dec 2024, six entities, related to these 13 had settled their case with Sebi…

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