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How is Blackstone faring in its $240-mn India exit?

Finance

10 May, 2024

How is Blackstone faring in its $240-mn India exit?

Private equity behemoth Blackstone, which hit the sell button on a clutch of portfolio companies last year, including auto parts maker ......

Carlyle-backed Indegene's IPO gets bumper response; Aadhar Housing, TBO Tek make slow start

Finance

08 May, 2024

Carlyle-backed Indegene's IPO gets bumper response; Aadhar Housing, TBO Tek make slow start

Three companies that are backed by private equity investors hit the market this week, with two launching their bids on ......

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Grapevine: Blackstone, Temasek, Bain eye Haldiram; SoftBank may double down on Icertis

General

08 May, 2024

Grapevine: Blackstone, Temasek, Bain eye Haldiram; SoftBank may double down on Icertis

Private equity giants Blackstone, Temasek Holdings, and Bain Capital are weighing the acquisition of a controlling stake in Haldiram Snacks Food Pvt Ltd (HSFPL), a media ......

PE investors chase data centre deals in Asia on AI boom

TMT

08 May, 2024

PE investors chase data centre deals in Asia on AI boom

Global private equity investors and asset managers are readying for billions of dollars worth of M&A and investments linked to ......

ASK Asset & Wealth Management ropes in top exec from Nippon Life

People

06 May, 2024

ASK Asset & Wealth Management ropes in top exec from Nippon Life

ASK Asset & Wealth Management Group (ASK), which is backed by private equity giant Blackstone, Monday said it has appointed ......

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Manipal consolidates training biz under UNext after buying out PremjiInvest

Consumer

03 May, 2024

Manipal consolidates training biz under UNext after buying out PremjiInvest

Ranjan Pai-led Manipal Group that has been in the news with the big-ticket majority stake sale of its hospital arm ......

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Grapevine: Temasek may top up Lenskart bet; Macquarie drops Vibrant Energy sale plan

General

25 April, 2024

Grapevine: Temasek may top up Lenskart bet; Macquarie drops Vibrant Energy sale plan

Singapore's Temasek and US-based Fidelity are nearing a $200-million investment in Lenskart through a secondary share sale, valuing the eyewear company at about $5 billion, a ......

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Blackstone recycles capital from India real estate portfolio

Infrastructure

08 April, 2024

Blackstone recycles capital from India real estate portfolio

Blackstone is investing in an Indian property developer and also selling its rights in a real estate asset to the ......

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Grapevine: PE firms line up for Bharat Serums; IFC, ADB to invest in Fourth Partner

General

05 April, 2024

Grapevine: PE firms line up for Bharat Serums; IFC, ADB to invest in Fourth Partner

Five major global private equity firms - Warburg Pincus, Permira, EQT, Bain, and TPG - are interested in acquiring Bharat Serums and Vaccines (BSV) as the company's current ......

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Grapevine: Lenskart, Purplle eye fresh funds; Blackstone changes tack for PGP Glass sale

General

04 April, 2024

Grapevine: Lenskart, Purplle eye fresh funds; Blackstone changes tack for PGP Glass sale

are engaged in early discussions for fresh funding, indicating a resurgence in big-ticket deals exceeding $100 million, a media report said.   Lenskart ......