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Blackstone enters Indian stressed assets biz, buys stake in ARC

Finance

22 March, 2018

Blackstone enters Indian stressed assets biz, buys stake in ARC

US private equity firm Blackstone Group LP has set its foot in India’s distressed asset space with a majority stake ......

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India is a bright spot among emerging markets: Blackstone's Amit Dixit

People

21 March, 2018

India is a bright spot among emerging markets: Blackstone's Amit Dixit

US private equity firm Blackstone Group LP has clocked stellar returns from a spate of exits in India lately. The ......

Blackstone co-founder Peter Peterson dies at 91

People

21 March, 2018

Blackstone co-founder Peter Peterson dies at 91

Billionaire Wall Street financier Peter Peterson, who co-founded private equity firm Blackstone Group LP (BX.N) and served as U.S. President ......

Blackstone to buy majority stake in Nitesh Estates' Pune mall for $46 mn

Infrastructure

20 March, 2018

Blackstone to buy majority stake in Nitesh Estates' Pune mall for $46 mn

Private equity giant Blackstone Group is in talks to buy a majority stake in Nitesh Hub, a retail property owned ......

Walmart eyes majority stake in Flipkart; Blackstone ends bid for Anand Jain fund

General

14 March, 2018

Walmart eyes majority stake in Flipkart; Blackstone ends bid for Anand Jain fund

US-based retailer Walmart Inc. is in advanced discussions to acquire a large stake in e-commerce company Flipkart, The Economic Times ......

Men continue to dominate dealmaking in India, but women are having their say

People

08 March, 2018

Men continue to dominate dealmaking in India, but women are having their say

India's dealmaking space has long been a man's world, but things are gradually changing. A number of women have risen ......

Blackstone eyes 3 malls; Premji may merge family office with philanthropic unit

General

07 March, 2018

Blackstone eyes 3 malls; Premji may merge family office with philanthropic unit

Blackstone Group LP, the world's largest manager of alternative assets, is in talks to acquire three malls, The Economic Times ......

Blackstone CEO Stephen Schwarzman earned $786 mn in 2017

People

06 March, 2018

Blackstone CEO Stephen Schwarzman earned $786 mn in 2017

Blackstone Group LP co-founder and Chief Executive Stephen Schwarzman took home about $786 million last year, making him the private ......

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Suitors eye Blackstone-controlled BPO firm Intelenet for big-ticket deal

TMT

21 February, 2018

Suitors eye Blackstone-controlled BPO firm Intelenet for big-ticket deal

Private equity firm Blackstone may be considering a quick exit from its investment in business process outsourcing firm Intelenet Global ......

Blackstone eyes Indiabulls' rental arm; KKR, PremjiInvest bid for Vishal Mega Mart

General

21 February, 2018

Blackstone eyes Indiabulls' rental arm; KKR, PremjiInvest bid for Vishal Mega Mart

Private equity giant Blackstone Group is in an advanced stage of discussions with Indiabulls Real Estate Ltd to buy a ......