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Blackstone set to book 12X returns on investment in IPO-bound Sona BLW

Manufacturing

25 February, 2021

Blackstone set to book 12X returns on investment in IPO-bound Sona BLW

Global alternative assets manager Blackstone Group is set to book its most profitable return from an Indian investment with the ......

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Former Blackstone exec sets up real estate investment management firm

Infrastructure

11 February, 2021

Former Blackstone exec sets up real estate investment management firm

A senior executive, who moved out of private equity major Blackstone’s India team in December, has set up a venture ......

Grapevine: Govt mulls Bhel stake sale; Blackstone closes in on Embassy Industrial Parks

General

08 February, 2021

Grapevine: Govt mulls Bhel stake sale; Blackstone closes in on Embassy Industrial Parks

The Union government may consider Bharat Heavy Electricals Ltd (Bhel), Mecon Ltd and Andrew Yule and Co. Ltd among candidates ......

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Blackstone kicks off 2021 with strong IPO pipeline for India portfolio

TMT

12 January, 2021

Blackstone kicks off 2021 with strong IPO pipeline for India portfolio

Blackstone Group has lined up a robust pipeline of exits from its India portfolio this year. The New York headquartered ......

India's third-biggest real estate deal inches closer

Infrastructure

10 November, 2020

India's third-biggest real estate deal inches closer

Private equity giant Blackstone has signed a binding term sheet with Bengaluru-based Prestige Project Estates to acquire a bunch of ......

Blackstone, Prestige inch closer to sealing big-ticket real estate deal

Infrastructure

19 October, 2020

Blackstone, Prestige inch closer to sealing big-ticket real estate deal

Private equity giant Blackstone has agreed to buy certain assets from Bengaluru-based Prestige Project Estates in a deal seen as ......

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India's biggest real estate portfolio buyout gets bigger and pricier

Infrastructure

05 October, 2020

India's biggest real estate portfolio buyout gets bigger and pricier

Private equity firm Blackstone Group is in talks to further expand the biggest real estate portfolio buyout the country has ......

Grapevine: LIC to sell stake in IDBI Bank; two left in race for Piramal's glass unit

General

16 September, 2020

Grapevine: LIC to sell stake in IDBI Bank; two left in race for Piramal's glass unit

Life Insurance Corporation of India (LIC) is planning to gradually sell its stake in IDBI Bank nearly two years after ......

Grapevine: PE firms to exit ISP Atria; Blackstone to consolidate office assets

General

25 August, 2020

Grapevine: PE firms to exit ISP Atria; Blackstone to consolidate office assets

Private equity firms True North and TA Associates, which own more than 90% in India’s largest non-telco internet service provider ......

Grapevine: Yes Bank to raise $1.3 bn; Axis Mutual Fund, 2 others lead race for L&T MF

General

09 June, 2020

Grapevine: Yes Bank to raise $1.3 bn; Axis Mutual Fund, 2 others lead race for L&T MF

Yes Bank, which was recently rescued by a consortium led by the State Bank of India (SBI), plans to soon ......