CCI Clears Blackstone’s 9.99 Per Cent Stake in Federal Bank

25 Dec 2025 CW Team

The Competition Commission of India has approved Blackstone’s proposal to acquire a 9.99 per cent stake in Federal Bank through warrants, clearing a key regulatory hurdle for the transaction, the fair-trade regulator said in a press release on Tuesday.

The acquisition will be executed through Blackstone’s arm, Asia II Topco XIII Pte. Ltd. Following the transaction, Blackstone will have the right to nominate a director to Federal Bank’s board, provided it maintains a minimum shareholding of 5 per cent.

The bank’s board had approved the strategic investment in October, which is set to result in a capital infusion of about Rs 61.97 billion. Federal Bank said the funds will strengthen its capital adequacy, support its next phase of organic and inorganic expansion, and help accelerate its ambition to rank among India’s top five private sector banks.

On Tuesday, shares of Federal Bank closed 1.5 per cent lower at Rs 265.10 on the NSE.

Infrastructure Transport

01 Jun 2026

MMRDA advances 250 m on Orange Gate–Marine Drive tunnel

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Hindustan Zinc Pays Rs 188.46 Billion in FY26

Hindustan Zinc contributed Rs 188.46 billion to the public exchequer in FY 2025-26, according to its 9th Tax Transparency Report. The contribution, equivalent to 46 per cent of the company’s revenue, included direct and indirect taxes, government royalties, dividends to the Government of India, withholding taxes and other statutory levies.The company’s five-year cumulative contribution to the exchequer stood at Rs 915.72 billion. In FY26, Hindustan Zinc reported revenue of Rs 408.44 billion, EBITDA of Rs 221.62 billion and profit after tax of Rs 138.32 billion. It also achieved its highest..

World of Concrete India 2026 Opens in Mumbai

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