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ADIA, Blackstone acquire stake in Indiabulls Housing Finance

Finance

17 December, 2021

ADIA, Blackstone acquire stake in Indiabulls Housing Finance

Sameer Gehlaut, who founded Indiabulls Group two decades ago, along with a couple of co-founders, sold 11.78% stake in the ......

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Our first focus is to expedite growth in the US: Simplilearn founder

TMT

30 November, 2021

Our first focus is to expedite growth in the US: Simplilearn founder

Simplilearn Solutions Pvt. Ltd, which provides a training destination for professional certification courses, on Tuesday conducted its first-ever employee stock ......

Blackstone exits S H Kelkar, books 4.5x return

Manufacturing

09 November, 2021

Blackstone exits S H Kelkar, books 4.5x return

Blackstone Group Inc. sold its balance 10% stake in fragrances and flavours company S H Kelkar & Company in a ......

Nexus Malls to expand portfolio via Blackstone's acquisitions

Infrastructure

22 October, 2021

Nexus Malls to expand portfolio via Blackstone's acquisitions

Nexus Malls, which is owned by Blackstone Group Lp, is looking to expand its portfolio of shopping malls through aggressive ......

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Blackstone reports a 3.9x MOIC for first Asia fund; collects $10 bn for two new Asia funds

Finance

22 October, 2021

Blackstone reports a 3.9x MOIC for first Asia fund; collects $10 bn for two new Asia funds

Blackstone Group Inc. has reported a multiple on invested capital (MOIC) of 3.9x for its first Asia fund BCP Asia ......

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Blackstone may get 5x return on IPO-bound Fino Payments Bank investment

Finance

10 October, 2021

Blackstone may get 5x return on IPO-bound Fino Payments Bank investment

US private equity major Blackstone Group is likely to make an over five times return on its investment in Fino ......

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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...

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...

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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 rose this week after a steep fall in the preceding period as big funding transactions catapulted ......

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