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Carlyle emerges as sole bidder for Blackstone-backed Mphasis

TMT

25 February, 2021

Carlyle emerges as sole bidder for Blackstone-backed Mphasis

Private equity major Carlyle has emerged as the sole bidder for Blackstone-owned infotech company Mphasis, persons told The Economic Times. The ......

Blackstone-backed auto parts maker Sona BLW files for float

Manufacturing

24 February, 2021

Blackstone-backed auto parts maker Sona BLW files for float

Blackstone-promoted Sona BLW Precision Forgings Ltd (trade name Sona Comstar), an auto parts firm, has filed for an initial public ......

Grapevine: MobiKwik starts IPO process; Carlyle frontrunner for Mphasis deal

General

23 February, 2021

Grapevine: MobiKwik starts IPO process; Carlyle frontrunner for Mphasis deal

Fintech startup MobiKwik has appointed investment banks ICICI Securities and IIFL, besides a few law firms, to kickstart work on ......

Noida developer Three C Homes to be liquidated after NCLT rejects resolution plan

Infrastructure

12 February, 2021

Noida developer Three C Homes to be liquidated after NCLT rejects resolution plan

Three C Homes (3C) Private Limited, the Delhi NCR based real estate developer once sought after by multiple private equity ......

Blackstone invests in new hedge fund ApaH Capital

Finance

08 February, 2021

Blackstone invests in new hedge fund ApaH Capital

Blackstone Group, the world's largest hedge fund investor, is committing $150 million in start-up capital to a hedge fund run ......

Blackstone's earnings surge on strong asset sales

Infrastructure

28 January, 2021

Blackstone's earnings surge on strong asset sales

Blackstone Group Inc, the world's largest manager of alternative assets, said on Wednesday its fourth-quarter distributable earnings rose 60% year-on-year, ......

Grapevine: PEs eye Luminous; Tata Steel hits hurdle in Dutch unit sale

General

25 January, 2021

Grapevine: PEs eye Luminous; Tata Steel hits hurdle in Dutch unit sale

At least three global private equity firms are in a race to acquire power equipment firm Luminous Power Technologies from ......

Blackstone elevates insider to head Asia tactical opportunities fund as Moorjani quits

People

11 January, 2021

Blackstone elevates insider to head Asia tactical opportunities fund as Moorjani quits

Global private equity major Blackstone Group LP's senior managing director Menes Chee has been elevated to head Blackstone Tactical Opportunities ......

Premium
Blackstone elevates three executives to strengthen India leadership

People

08 January, 2021

Blackstone elevates three executives to strengthen India leadership

Global private equity (PE) major Blackstone Group has promoted three executives in India in its PE and real estate divisions, ......

Grapevine: Brookfield, others eye Mphasis; Lakshmi Mittal, others circle Uttam Galva

General

04 January, 2021

Grapevine: Brookfield, others eye Mphasis; Lakshmi Mittal, others circle Uttam Galva

Private equity firms Brookfield, Bain Capital, Carlyle, and UK-based Permira have initiated due diligence for buying a controlling stake in ......