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Grapevine: Tata group to sell stakes in units; Blackstone, Apollo to bid for Luminous

General

23 March, 2021

Grapevine: Tata group to sell stakes in units; Blackstone, Apollo to bid for Luminous

Tata group is mulling selling stakes of some financial services units including Tata Capital and Tata Asset Management to strategic...

Grapevine: Adani Wilmar eyes IPO; Global PEs look to invest in Hinduja unit

General

19 March, 2021

Grapevine: Adani Wilmar eyes IPO; Global PEs look to invest in Hinduja unit

Adani Wilmar, the company behind the Fortune brand of edible oils, is planning to raise up to Rs 5,000 crore ......

Blackstone seeks $4 bn for Tactical Opportunities fund

Manufacturing

12 March, 2021

Blackstone seeks $4 bn for Tactical Opportunities fund

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

Grapevine: Vedanta Resources, others eye SCI stake; Jindal Poly Films to sell shares

General

09 March, 2021

Grapevine: Vedanta Resources, others eye SCI stake; Jindal Poly Films to sell shares

The government has received expressions of interest (EOIs) from several parties including Vedanta Resources, Megha Engineering...

Grapevine: Tata Motors, others eye BEML stake; Aditya Birla Group to list AMC

General

08 March, 2021

Grapevine: Tata Motors, others eye BEML stake; Aditya Birla Group to list AMC

ata Motors, Mahindra and Mahindra, Ashok Leyland and others are eyeing a 26% stake in state-run defence equipment maker BEML,...

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Blackstone Tactical Opportunities Fund eyes stake in Sify Technologies

TMT

05 March, 2021

Blackstone Tactical Opportunities Fund eyes stake in Sify Technologies

A global fund managed by Blackstone Group Inc. is looking to pick up a minority stake in Nasdaq-listed Sify Technologies ......

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...

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 Comstar, an auto parts firm, has filed for an initial public offering worth Rs 6,000 crore. The offering...

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...

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 ......

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