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Blackstone

Grapevine: Global PE, Crompton Greaves eye Eureka Forbes; Mahindra nears solar sale

General

22 November, 2019

Grapevine: Global PE, Crompton Greaves eye Eureka Forbes; Mahindra nears solar sale

Global private equity majors as well as Advent and Temasek-backed Crompton Greaves Consumer are in the race for Eureka Forbes, ......

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Rakesh Jhunjhunwala-backed NCC manages debt woes, faces rough ride in Andhra Pradesh

Infrastructure

19 November, 2019

Rakesh Jhunjhunwala-backed NCC manages debt woes, faces rough ride in Andhra Pradesh

Ever since the new Andhra Pradesh government led by chief minister YS Jaganmohan Reddy took office in May, infrastructure and ......

Blackstone bets $167 mn more on Future Group's fashion business

Consumer

15 November, 2019

Blackstone bets $167 mn more on Future Group's fashion business

Blackstone Group Inc., the world’s largest private equity firm, has invested Rs 1,200 crore ($167 million) in the holding company ......

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Value lens: Did Blackstone peg a fair value on test prep firm Aakash?

Consumer

05 November, 2019

Value lens: Did Blackstone peg a fair value on test prep firm Aakash?

When talks of Blackstone planning to invest in test preparation firm Aakash Educational Services Ltd first emerged, some analysts assumed ......

Carlyle's third-quarter earnings drop 25% as asset sales slow

Finance

01 November, 2019

Carlyle's third-quarter earnings drop 25% as asset sales slow

U.S. buyout firm Carlyle Group LP reported a 25% year-on-year drop in its third-quarter earnings on Thursday, driven by lower ......

Blackstone buys into test prep firm Aakash Educational

Consumer

30 October, 2019

Blackstone buys into test prep firm Aakash Educational

Blackstone Group Inc., the world’s largest private equity firm, has invested in Aakash Educational Services Ltd, one of India’s largest ......

Grapevine: Tatas tweak GMR airport deal; Coca-Cola may sell some India bottling plants

General

30 October, 2019

Grapevine: Tatas tweak GMR airport deal; Coca-Cola may sell some India bottling plants

Tata Group will acquire a lower stake than earlier planned in GMR Airports Ltd to comply with regulatory norms, multiple ......

KKR quarterly earnings slide 23% as weaker deal activity hits revenue

Finance

30 October, 2019

KKR quarterly earnings slide 23% as weaker deal activity hits revenue

Private equity firm KKR & Co reported a 23% year-on-year drop in its quarterly after-tax distributable profit on Tuesday, as ......

Temasek's impact investment arm raises $282 mn for maiden fund

Finance

29 October, 2019

Temasek's impact investment arm raises $282 mn for maiden fund

ABC World Asia, an impact investment firm set up by Temasek Trust earlier this year, has raised S$385 million (US$282 ......

Blackstone third-quarter earnings drop less than expected

Finance

24 October, 2019

Blackstone third-quarter earnings drop less than expected

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