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Value lens: Did Blackstone peg a fair value on test prep firm Aakash?

Consumer

05 November, 2019

Value lens: Did Blackstone peg a fair value on test prep firm Aakash?

When talks of Blackstone planning to invest in test preparation firm Aakash Educational Services Ltd first emerged, some analysts assumed ......

Carlyle's third-quarter earnings drop 25% as asset sales slow

Finance

01 November, 2019

Carlyle's third-quarter earnings drop 25% as asset sales slow

U.S. buyout firm Carlyle Group LP reported a 25% year-on-year drop in its third-quarter earnings on Thursday, driven by lower ......

Blackstone buys into test prep firm Aakash Educational

Consumer

30 October, 2019

Blackstone buys into test prep firm Aakash Educational

Blackstone Group Inc., the world’s largest private equity firm, has invested in Aakash Educational Services Ltd, one of India’s largest ......

Grapevine: Tatas tweak GMR airport deal; Coca-Cola may sell some India bottling plants

General

30 October, 2019

Grapevine: Tatas tweak GMR airport deal; Coca-Cola may sell some India bottling plants

Tata Group will acquire a lower stake than earlier planned in GMR Airports Ltd to comply with regulatory norms, multiple ......

KKR quarterly earnings slide 23% as weaker deal activity hits revenue

Finance

30 October, 2019

KKR quarterly earnings slide 23% as weaker deal activity hits revenue

Private equity firm KKR & Co reported a 23% year-on-year drop in its quarterly after-tax distributable profit on Tuesday, as ......

Temasek's impact investment arm raises $282 mn for maiden fund

Finance

29 October, 2019

Temasek's impact investment arm raises $282 mn for maiden fund

ABC World Asia, an impact investment firm set up by Temasek Trust earlier this year, has raised S$385 million (US$282 ......

Blackstone third-quarter earnings drop less than expected

Finance

24 October, 2019

Blackstone third-quarter earnings drop less than expected

Blackstone Group Inc, the world's largest manager of alternative assets such as private equity and real estate, said on Wednesday ......

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Salarpuria Sattva to expand real estate portfolio with new asset class

Infrastructure

09 October, 2019

Salarpuria Sattva to expand real estate portfolio with new asset class

Bengaluru developer Salarpuria Sattva Group is set to diversify its rent-yielding property business by adding a new asset class to ......

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Realty Scan: Decoding Brookfield's ‘Go Big, Go Solo' mantra to grow in India

Infrastructure

20 September, 2019

Realty Scan: Decoding Brookfield's ‘Go Big, Go Solo' mantra to grow in India

It was in the middle of December 2011 that Canadian investment firm Brookfield Asset Management Inc. took a baby step ......

London Stock Exchange rejects Hong Kong's $39 bn takeover offer

Markets

13 September, 2019

London Stock Exchange rejects Hong Kong's $39 bn takeover offer

London Stock Exchange has rejected Hong Kong Exchange’s $39 billion takeover offer, opting to stick with its planned purchase of ......