Business  /  Published 25.04.22

WealthDesk to scale up

Investment technology platform — WealthDesk — plans to bring regional and small brokers  into its set-up. The Mumbai-based start-up backed by Mathew Cyriac, former Blackstone MD, was ...
By A Staff Reporter in Calcutta

Business  /  Published 23.09.21

Modi meets leading US CEOs

Prime Minister Narendra Modi began his engagements in the US on Thursday by meeting with leading American CEOs from five different key sectors and highlighted the economic opportunities in India. Mod...
By Lalit K Jha in Washington

Business  /  Published 11.05.21

Blackstone in Embassy acquisition

Blackstone has acquired Embassy Industrial Parks from Warburg Pincus and realty firm Embassy group in a deal estimated at Rs 5,250 crore. Though the global investment firm did not disclose the value ...
By Our Special Correspondent in Mumbai

Business  /  Published 03.05.21

Blackstone bets on India

Wall Street major Blackstone is increasing its bets on India, promising to pump in more dollars than it has already invested in the past decade. For the American alternative investment management gia...
By PTI in Mumbai

Business  /  Published 20.09.20

Blackstone sells Essel Propack stake

American buyout major Blackstone on Friday sold a 23 per cent stake in Essel Propack, one of the largest manufacturers of laminated tubes used by FMCG and pharma companies, for a little over Rs 1,860 ...
By PTI in New Delhi


Business  /  Published 14.08.19

Coffee Day sells asset to Blackstone

Coffee Day Enterprises has sold its Global Village Tech Park in Bangalore to Blackstone for up to Rs 3,000 crore to cut its debt.The announcement on Wednesday comes weeks after Coffee Day Enterprises ...
By Our Special Correspondent in Mumbai

Business  /  Published 22.04.19

Blackstone acquires Essel Propack unit

Private equity giant Blackstone is acquiring Essel Propack (EPL), the speciality packaging firm led by Subhash Chandra’s younger brother Ashok Goel, for about Rs 3,200 crore.Blackstone will first ac...
By Our Special Correspondent in Mumbai

Business  /  Published 16.03.19

Warburg buys into education NBFC

Global private equity giant Warburg Pincus Group is acquiring a nearly 80 per cent stake in education NBFC Avanse Financial Services from Dewan Housing Finance Corporation (DHFL) and Wadhawan Global C...
By Our Special Correspondent in Mumbai

Business  /  Published 02.02.19

Blackstone buys Aadhar Housing

Private equity giant Blackstone is acquiring Aadhar Housing Finance, an affordable-housing finance firm.Wadhawan Global Capital, which is classified as one of the promoters of Dewan Housing Finance Lt...
By Our Special Correspondent in Mumbai

Business  /  Published 23.12.19

Indiabulls pares debt

Indiabulls Real Estate has agreed to sell commercial projects in Mumbai and Gurgaon to global investment firm Blackstone for an enterprise value of Rs 810.7 crore as it seeks to reduce its debts.In a ...
By Our Special Correspondent in Mumbai


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