Blackstone
General
Grapevine: NTPC outbids Adani on Avantha plant; TPG alliance eyes Columbia Asia assets
NTPC outbid Adani Group by two-and-a-half times with a Rs 1,900 crore ($265 million at current exchange rate) offer for ......
TMT
Blackstone-backed Aakash to take control of ed-tech firm Meritnation
Test preparation company Aakash Educational Services Ltd is buying a majority stake in ed-tech firm Meritnation, sealing its first acquisition ......
Infrastructure
K Raheja, Blackstone-backed Mindspace REIT files for IPO
Mindspace Business Parks REIT, a real estate investment trust sponsored by K Raheja Corp and private equity firm Blackstone, has ......
Finance
Flashback 2019: What changed, what didn't in this year's list of top PE firms
Singapore sovereign wealth fund GIC Pte Ltd retained its position among the most active private equity-style investors in India for ......
Infrastructure
Flashback 2019: Commercial real estate continues to shine, housing gets helping hand
The current year turned out to be remarkable for the commercial real estate market while residential continued to struggle due ......
General
Grapevine: Zydus Cadila may sell two units; Lodha Group looking to raise $210 mn
Drugmaker Zydus Cadila is in preliminary talks with several strategic and private equity investors to sell two of its divisions ......
Finance
Flashback 2019: PE firms scoop up assets of distressed firms in pre-bankruptcy stage
Blackstone Group Inc., Warburg Pincus and several other private equity firms in India sniffed investment opportunities this year across debt-laden ......
Finance
Flashback 2019: Bank mergers, NBFC woes, PE deals keep financial sector in spotlight
India’s banking, financial services and insurance sector went through a roller coaster ride in 2019, as the government launched a ......
Infrastructure
Blackstone buys rest of Indiabulls Real Estate's office assets for $113 mn
Mumbai-based Indiabulls Real Estate Ltd has sold its remaining commercial projects to private equity firm Blackstone Group for Rs 810 ......
Consumer
Flashback 2019: Consumer sentiment slumps but foreign investors make bold bets
Indian consumer-focussed companies braced for a deep slowdown as rising inflation, high unemployment and falling economic growth damped people’s sentiment ......