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Shopping around for MFs to get easier for PEs as regulator mulls relaxing rules

Finance

28 September, 2021

Shopping around for MFs to get easier for PEs as regulator mulls relaxing rules

Private equity firms, including global ones, could find it easier to shop around for mutual funds as the securities regulator ......

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Distressed sectors see renewed investor interest on govt support, easing of lockdowns

Infrastructure

27 September, 2021

Distressed sectors see renewed investor interest on govt support, easing of lockdowns

Distressed sectors including roads, hospitality and aviation are seeing renewed interest from investors on the back of government support for ......

Blackstone backed Mphasis to buy US-based Blink for $94 mn

TMT

23 September, 2021

Blackstone backed Mphasis to buy US-based Blink for $94 mn

Mphasis Ltd, an Indian software services company backed by global private equity major The Blackstone Group, has announced the acquisition ......

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Weekly Deals Wrap: Byju's, PharmEasy, others pump up total transaction value

Finance

17 September, 2021

Weekly Deals Wrap: Byju's, PharmEasy, others pump up total transaction value

The overall deal value doubled this week after a steep fall in the preceding period as two more startups entered the ......

Blackstone  sells  stake  in Embassy Office Parks for ₹2,025 cr

Infrastructure

16 September, 2021

Blackstone  sells  stake  in Embassy Office Parks for ₹2,025 cr

Blackstone has sold shares worth approximately ₹2,025 crore ($275 million) in Embassy Office Parks REIT, representing 5.7% of the company’s ......

Blackstone seeks shareholder approval to pay part of exit proceeds to Sona execs

Manufacturing

16 August, 2021

Blackstone seeks shareholder approval to pay part of exit proceeds to Sona execs

Private equity firm Blackstone is seeking shareholder approval for an exit return incentive (ERI) plan that envisages to pay a ......

Blackstone, IFC backed Fino Payments Bank files draft papers for IPO

TMT

02 August, 2021

Blackstone, IFC backed Fino Payments Bank files draft papers for IPO

Blackstone Group and World Bank arm International Finance Corporation (IFC) backed Fino Payments Bank has filed draft papers with the ......

Blackstone doubles second quarter earnings on surging asset sales

Finance

23 July, 2021

Blackstone doubles second quarter earnings on surging asset sales

Blackstone Group Inc said on Thursday its second-quarter distributable earnings nearly doubled year-on-year, driven by a surge in asset sales ......

Blackstone collects over $5 bn for second Asia fund, to raise third Asia realty fund

Finance

23 July, 2021

Blackstone collects over $5 bn for second Asia fund, to raise third Asia realty fund

Blackstone Group Inc has raised over $5 billion (Rs 37,250 crore) for its second Asia fund and plans to launch ......

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Simplilearn's early backers stand to make good returns from their exits

TMT

20 July, 2021

Simplilearn's early backers stand to make good returns from their exits

Early backers of Simplilearn stand to make healthy returns from their upcoming exits after global private equity giant Blackstone agreed ......