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India's biggest real estate portfolio buyout gets bigger and pricier

Infrastructure

05 October, 2020

India's biggest real estate portfolio buyout gets bigger and pricier

Private equity firm Blackstone Group is in talks to further expand the biggest real estate portfolio buyout the country has ......

Grapevine: LIC to sell stake in IDBI Bank; two left in race for Piramal's glass unit

General

16 September, 2020

Grapevine: LIC to sell stake in IDBI Bank; two left in race for Piramal's glass unit

Life Insurance Corporation of India (LIC) is planning to gradually sell its stake in IDBI Bank nearly two years after ......

Grapevine: PE firms to exit ISP Atria; Blackstone to consolidate office assets

General

25 August, 2020

Grapevine: PE firms to exit ISP Atria; Blackstone to consolidate office assets

Private equity firms True North and TA Associates, which own more than 90% in India’s largest non-telco internet service provider ......

Grapevine: Yes Bank to raise $1.3 bn; Axis Mutual Fund, 2 others lead race for L&T MF

General

09 June, 2020

Grapevine: Yes Bank to raise $1.3 bn; Axis Mutual Fund, 2 others lead race for L&T MF

Yes Bank, which was recently rescued by a consortium led by the State Bank of India (SBI), plans to soon ......

Grapevine: Glenmark may sell API biz stake to Premji; PE firms circle Reliance Group's HQ

General

23 August, 2019

Grapevine: Glenmark may sell API biz stake to Premji; PE firms circle Reliance Group's HQ

Glenmark Pharma is seeking to sell up to 30% stake in Glenmark Life Sciences to PremjiInvest, the family office of ......

Grapevine: PE firms circle Shriram Capital; Singtel may raise stake in Bharti Telecom

General

08 August, 2019

Grapevine: PE firms circle Shriram Capital; Singtel may raise stake in Bharti Telecom

Private equity funds Advent International, Blackstone Group, CVC Capital, Carlyle Group and Brookfield are in the race to buy close ......

Grapevine: Blackstone, CDPQ in deal news; PhonePe, Cred seek funding

General

05 August, 2019

Grapevine: Blackstone, CDPQ in deal news; PhonePe, Cred seek funding

Billionaire Yuri Milner’s DST Global, Ribbit Capital, Falcon Edge, Green Oaks, China’s Hillhouse Capital, and others have held talks with ......

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Blackstone completes big-ticket deal to buy Mumbai office asset

Infrastructure

18 June, 2019

Blackstone completes big-ticket deal to buy Mumbai office asset

Private equity giant Blackstone Group LLP has concluded a long-pending deal to buy a marquee commercial asset in Mumbai as ......

Blackstone raises $22 bn for its biggest private equity fund

Finance

03 April, 2019

Blackstone raises $22 bn for its biggest private equity fund

Blackstone Group LP, the world largest alternative asset manager, has so far raised over $22 billion for its latest flagship private ......

Embassy Office Parks REIT's IPO covered more than twice on last day

Infrastructure

20 March, 2019

Embassy Office Parks REIT's IPO covered more than twice on last day

The initial public offering of Embassy Office Parks REIT, a real estate investment trust formed by Bengaluru developer Embassy Group ......