Blackstone

People

06 May, 2024

ASK Asset & Wealth Management ropes in top exec from Nippon Life

ASK Asset & Wealth Management Group (ASK), which is backed by private equity giant Blackstone, Monday said it has appointed ......

Premium

Consumer

03 May, 2024

Manipal consolidates training biz under UNext after buying out PremjiInvest

Ranjan Pai-led Manipal Group that has been in the news with the big-ticket majority stake sale of its hospital arm ......

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General

25 April, 2024

Grapevine: Temasek may top up Lenskart bet; Macquarie drops Vibrant Energy sale plan

Singapore's Temasek and US-based Fidelity are nearing a $200-million investment in Lenskart through a secondary share sale, valuing the eyewear company at about $5 billion, a ......

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Infrastructure

08 April, 2024

Blackstone recycles capital from India real estate portfolio

Blackstone is investing in an Indian property developer and also selling its rights in a real estate asset to the ......

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General

05 April, 2024

Grapevine: PE firms line up for Bharat Serums; IFC, ADB to invest in Fourth Partner

Five major global private equity firms - Warburg Pincus, Permira, EQT, Bain, and TPG - are interested in acquiring Bharat Serums and Vaccines (BSV) as the company's current ......

Premium

General

04 April, 2024

Grapevine: Lenskart, Purplle eye fresh funds; Blackstone changes tack for PGP Glass sale

are engaged in early discussions for fresh funding, indicating a resurgence in big-ticket deals exceeding $100 million, a media report said.   Lenskart ......

Finance

03 April, 2024

Blackstone to invest $2 bn a year in India

Blackstone will invest at least $2 billion a year in India for the next five years, a top company executive ......

Healthcare

03 April, 2024

General Atlantic to acquire Ujala Cygnus, early backers to exit

US-based private equity firm General Atlantic will acquire “a significant majority” stake in regional hospital chain Ujala Cygnus, as buyout ......

Finance

03 April, 2024

Blackstone weighs $300 mn IPO of India diamond certification firm

Blackstone is exploring raising $300 million via an India IPO of the International Gemological Institute (IGI), less than a year ......

Infrastructure

02 April, 2024

Embassy Office Parks REIT plans to raise up to $400 mn, hires banks

India's largest real estate investment trust, Embassy Office Parks, plans to raise up to $400 million from investors, two sources ......