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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 to ......

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 and Infrastructure, and Great ......

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 Times. The ......

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 BLW Precision Forgings Ltd (trade name Sona Comstar), an auto parts firm, has filed for an initial public ......

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 on ......

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 ......

Blackstone invests in new hedge fund ApaH Capital

Finance

08 February, 2021

Blackstone invests in new hedge fund ApaH Capital

Blackstone Group, the world's largest hedge fund investor, is committing $150 million in start-up capital to a hedge fund run ......

Blackstone's earnings surge on strong asset sales

Infrastructure

28 January, 2021

Blackstone's earnings surge on strong asset sales

Blackstone Group Inc, the world's largest manager of alternative assets, said on Wednesday its fourth-quarter distributable earnings rose 60% year-on-year, ......