Blackstone to Acquire 15.57% Equity in IIFL Finance for ₹5,000 Crore
The proposed transaction secures a 15.57% equity holding in IIFL Finance.
IIFL Finance is among India's leading Non-Banking Financial Companies.
🎯 Key Point: Blackstone investing ₹5,000 crore for 15.57% stake in IIFL Finance.
Key Facts / Static GK
Blackstone Headquarters: New York City, US
Blackstone CEO: Stephen Schwarzman
Practice Quiz — 11 November 2026
Q1. Who has been appointed as the President and Chief Business Officer (CBO) of the Indian AI firm Sarvam AI?
Q2. Between which two locations in Delhi does the newly inaugurated 'Namo Yamuna Cruise Safari' operate?
Q3. In which district has the Assam Government approved the establishment of the state's first Defence Manufacturing Park?
Q4. According to the PLFS Quarterly Bulletin for July–September 2026, what was India's overall Unemployment Rate (UR)?
Q5. Which is the only Indian commercial bank currently operating in Guyana?
A LITTLE PRACTICE. EVERY DAY.
Turn your reading into practice.
Daily current affairs, quizzes, vocabulary and a mistake bank — together in PrepZen.
Free Android app · Learn at your own pace
Good notes. One tap away.
Find study reels, PDF keywords and current affairs updates from PrepZen.