Blackstone Group

The company is well poised to leverage the growth opportunities in affordable housing finance segment

Blackstone acquires majority stake in ASK Investment Managers

Blackstone, the world’s largest alternative asset manager, said that it has acquired a majority stake from its peer Advent International and other sellers.

Blackstone Group looks to list retail properties REIT valued at over $2 billion: Report

Blackstone has initiated work on internal processes like identifying assets but investment bankers are likely to be onboarded by February

Blackstone to buy ESG software provider Sphera in $1.4 billion deal

Chicago, Illinois-based Sphera has more than 3,000 customers and is present in over 100 countries. Its offerings allow organizations to measure and manage their performance and risk exposure pertaining to their ESG activities.

Carlyle emerges as sole bidder to take over Mphasis from Blackstone

At the higher end of the bid, Blackstone will get Rs 15,730 crore (more than $2 billion) for its stake in Mphasis, which would be a 12 percent discount to its current holding value of Rs 17, 838 crore.

Mindspace Business Parks REIT pledges 100% shift to electric vehicles by 2030

The company that has joined the electric mobility initiative for clean transport will make the switch by expanding the charging infrastructure for electric vehicle across its business parks in India.

Indiabulls to sell 50% stake in Mumbai assets to Blackstone for Rs 4,750 cr

"Substantial part of sale proceeds would be utilised towards repayment of existing debts of the company and its subsidiaries, and for achieving sustainable long term growth and for further strengthening of their on-going businesses," it said. The transaction is expected to be completed by March 31.

India's UPL explores bid for Platform Specialty agrochem unit: Sources

The bid would challenge a rival offer for the unit by a private equity consortium of Blackstone Group LP and CVC Capital Partners Ltd, the sources said on Monday. A competitive bid would be a boon for Platform Specialty and its biggest shareholder, William Ackman's hedge fund Pershing Square Capital Management LP, which owns 14.5 percent of the company.

Like real estate space in India in long term: Blackstone

Watch the interview of John Studzinski, VC & Senior MD Blackstone Group with Shereen Bhan at Davos 2017 Word Economic Forum on CNBC-TV18, in which he shared his reading and outlook on world economy and India in specific.

InterGlobe up 2% as investment firms may buy stake in tech arm

InterGlobe Aviation shares gained nearly 2 percent intraday Monday after a media report indicated that overseas investment firms are looking for controlling stake in parent company's travel reservation subsidiary.

Blackstone sells 4.75% stake in MCX for Rs 302-cr

Private-equity giant Blackstone Group today offloaded 4.75 per cent stake in Multi Commodity Exchange of India (MCX) for an estimated Rs 302 crore through an open market transaction.

Blackstone, Brookfield in race to buy 40% in Bharti Infratel

While Brookfield is bidding on its own, Blackstone has teamed up with the consortium consisting of private equity fund, KKR & Co and Canada Pension Plan Investment Board (CCPIB), Economic Times reports.

Fino for more stake sale; to launch payments bank in 6 mths

When asked about the new shareholders, Gupta hinted that it may be some new, non-financial player again, saying a payments bank is the start of differentiated banking and the stakeholders will also be from varied businesses.

Trimming non-core assets helps Gokaldas Exports' turnaround

When Blackstone invested in the company in 2007, it had around 46 factories and the factory numbers have come down to 24 as of end of FY16.

Operating profit margins to grow 13-15% in FY17: Mphasis

It was in the news recently when Blackstone Group agreed to buy out Hewlett Packard Enterprise‘s (HPE) majority shareholding in the IT services provider in a deal worth up to Rs 7,071 crore. This deal is on track, says Ganesh Ayyar, CEO of Mphasis.

Mphasis up 7%, US firm set to buy Hewlett-Packard's stake in co

Mphasis shares surged nearly 7 percent intraday Thursday after a media report suggested that the US-based private equity firm is set to acquire Hewlett-Packard's share in the company.

L&T in talks with Blackstone to sell Seawoods Mall

L&T is not keen to have the Mall in its books as it is a non-core business of the company and hence it wants to exit it. Sources say L&T has not invited bids for it as of now and is only engaging in talks with Blackstone

Max India up 3%, may sell stake in insurance co to PE Firm

Shares of Max India climbed 3 percent intraday Wednesday on a media report that the company may sell its some stake in Max Life Insurance.

Tata Comm up 3.5%, Google & Amazon in race to buy data biz

Two big multinational companies are in race to buy Tata Communications' data centre business, according to a media report.

Blackstone sells stake in Agile to 4 firms

Among others, the stake of Blackstone Group in India's electric motor manufacturer Agile was sold to Igarashi Electric Works Ltd (IEWL), MAPE Securities Private Limited and Alpha FDI Holdings Pte Ltd.

Sebi clears S H Kelkar & Company's IPO plans

With this, the number of firms receiving Sebi's green signal for IPO since the beginning of the year has reached 20.

GE to sell real estate holdings, sets $50 bn share buyback

General Electric Company said it would sell the bulk of its real estate portfolio to investors including Blackstone Group and Wells Fargo & Co for USD 26.5 billion, in the biggest commercial real estate deal since 2007.

S H Kelkar & Company files paper with Sebi for IPO

The Mumbai-based company is in the business of fragrances, flavours and aroma chemicals.

Blackstone, Xander eye Tata's Goregaon IT Park

Blackstone Group in consortium with Pune-based developers Panchsil Developers and Xander Group along with a local developer seem to be showing interest in TRIL's IT Park located at Goregaon, Mumbai.

Indians not buying India story: Blackstone

Tax issues, lack of reforms, devolvement of power to states instead of the Centre and there seems to be some sense of pause, at least to the outsiders, in the whole country as they await elections in May, Stephen Schwarzman of Blackstone Group said in Davos.