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Blackstone ARC defaults on resolution plan for road asset, could face action

Infrastructure

01 June, 2022

Blackstone ARC defaults on resolution plan for road asset, could face action

Blackstone-backed International Asset Reconstruction Company (IARC) has opted out of its resolution plan for a southern stressed...

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Blackstone-backed IARC's chief Anurag Das quits before end of term

Finance

23 May, 2022

Blackstone-backed IARC's chief Anurag Das quits before end of term

Blackstone-backed International Asset Reconstruction Company (IARC)'s top executive Anurag Das has resigned as the chief executive...

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Blackstone-backed Horizon Industrial Parks to invest Rs 4,500 cr in logistics assets

Infrastructure

06 May, 2022

Blackstone-backed Horizon Industrial Parks to invest Rs 4,500 cr in logistics assets

Global asset manager and private equity company Blackstone Group-owned Horizon Industrial Parks plans to invest Rs 4,500 crore...

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Blackstone exploring over $100 mn deals in Indian tech startups

TMT

10 February, 2022

Blackstone exploring over $100 mn deals in Indian tech startups

The Blackstone Group plans to invest "sizeable" amounts of money Indian tech startups from its global...

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Distressed deals soar in 2021; Bad bank, IBC measures raise hopes for 2022

Finance

30 December, 2021

Distressed deals soar in 2021; Bad bank, IBC measures raise hopes for 2022

Calendar year 2021 opened doors for larger deals in the distressed assets space in 2022 following a year of some ......

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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 ......

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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...

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