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Blackstone ARC defaults on resolution plan for road asset, could face action

Infrastructure

01 June, 2022

Blackstone ARC defaults on resolution plan for road asset, could face action

Blackstone-backed International Asset Reconstruction Company (IARC) has opted out of its resolution plan for a southern stressed toll road asset, ......

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Blackstone-backed IARC's chief Anurag Das quits before end of term

Finance

23 May, 2022

Blackstone-backed IARC's chief Anurag Das quits before end of term

Blackstone-backed International Asset Reconstruction Company (IARC)'s top executive Anurag Das has resigned as the chief executive officer (CEO), two people ......

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Blackstone-backed Horizon Industrial Parks to invest Rs 4,500 cr in logistics assets

Infrastructure

06 May, 2022

Blackstone-backed Horizon Industrial Parks to invest Rs 4,500 cr in logistics assets

Global asset manager and private equity company Blackstone Group-owned Horizon Industrial Parks plans to invest Rs 4,500 crore to expand ......

Google hires former Modi think-tank official as new public policy head

People

05 May, 2022

Google hires former Modi think-tank official as new public policy head

Alphabet Inc's Google has hired a new public policy head in India, Archana Gulati, who previously worked at Prime Minister ......

Bain Capital infuses $175 mn in Delhi realty company TARC

Infrastructure

05 May, 2022

Bain Capital infuses $175 mn in Delhi realty company TARC

Global private equity company Bain Capital has infused Rs 1,330 crore (around $175 million), along with other investors in Delhi-based ......

IFC makes debt investment in Blackstone-backed housing finance firm

Finance

28 April, 2022

IFC makes debt investment in Blackstone-backed housing finance firm

International Finance Corporation (IFC), private investment arm of the World Bank, has proposed to make a debt investment of up ......

Brookfield, Multiples, Adani, Blackstone arm among 55 interested bidders for Reliance Capital

Finance

05 April, 2022

Brookfield, Multiples, Adani, Blackstone arm among 55 interested bidders for Reliance Capital

Brookfield, Ares SSG Capital, Edelweiss, Blackstone’s asset reconstruction arm, Multiples private equity, JC Flowers and Co, True North and TPG ......

Buy low and sell high not a sustainable PE strategy in India: Blackstone's Amit Dixit

Finance

18 February, 2022

Buy low and sell high not a sustainable PE strategy in India: Blackstone's Amit Dixit

The Indian private equity (PE) market is too competitive to have a sustainable strategy around buying low and selling high, ......

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Blackstone exploring over $100 mn deals in Indian tech startups

TMT

10 February, 2022

Blackstone exploring over $100 mn deals in Indian tech startups

The Blackstone Group plans to invest "sizeable" amounts of money Indian tech startups from its global growth fund, according to a senior executive ......

Blackstone sets up $900 million India logistics platform

Infrastructure

28 January, 2022

Blackstone sets up $900 million India logistics platform

Global asset manager Blackstone Group LP has set up a logistics vertical ‘Horizon Industrial Parks’ in India that will house ......