Blackstone Group
General
Flashback 2023: Private investments and M&As take a hit as investors show caution
India’s private investment scenario was more or less grim through 2023 as investors shifted stances, tweaked criteria and took more ......
General
Flashback 2023: PE-VC firms script over $16 bn worth of exits in India
Galloping public market valuations and demand from both strategic buyers and private equity firms to join the cap table of ......
TMT
Flashback 2023: Flipkart, PhonePe lead tech deal value; AI-powered startups new flavour in town
This year may have been sluggish when it came to overall deal momentum of the tech sector in Indian startup ......
Infrastructure
Blackstone set to sell full stake in Embassy Office Parks REIT
Blackstone Inc. will sell its entire 23.59% stake valued at $833 million in India's largest real estate investment trust Embassy ......
Healthcare
Torrent Pharma in talks with multiple PE players for loan to partially fund Cipla bid
India's Torrent Pharmaceuticals is in preliminary talks with Apollo Global Management to secure a loan of up to $1 billion ......
Finance
Blackstone reports weak earnings as credit, realty verticals underperform
Blackstone Inc said on Thursday its second-quarter distributable earnings slumped nearly 40%, owing to a sharp drop in asset sales ......
General
Grapevine: Five PE firms in fray for Indira IVF; WestBridge makes consumer bet
Private equity firm WestBridge Capital has picked up a majority stake in Tamil Nadu-based fruit and vegetable chain Kovai Pazhamudhir ......
TMT
Blackstone bullish on India's data consumption trend
Blackstone is in talks with companies including Microsoft and Amazon to build Indian data centres for them to meet growing ......
Infrastructure
Mirae Asset acquires Grade-A warehousing space in India
Mirae Asset Credit Opportunities Fund has announced acquisition of a Mumbai-based industrial logistics and warehousing asset for Rs 130 crore, ......
Finance
Blackstone reports a 3.9x MOIC for first Asia fund; collects $10 bn for two new Asia funds
Blackstone Group Inc. has reported a multiple on invested capital (MOIC) of 3.9x for its first Asia fund BCP Asia ......