Thu, Apr 18, 2024
Fee-related earnings, which Blackstone generates from lucrative management and advisory fees, rose 12 per cent to $1.2 billion as strong fundraising helped its total assets under management remain just above the milestone $1 trillion mark.
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Wed, Apr 03, 2024
Global private equity major Blackstone Group is confident of investing USD 2 billion annually in India, a top official said on Wednesday.
Tue, Apr 02, 2024
Plans to list IGI are in the early stages and could change, the sources said. India's jewelry market was valued at $78 billion in 2021 and is a lucrative one for players like IGI.
Wed, Oct 11, 2023
Blackstone is the latest suitor for Disney's assets in the hyper-competitive Indian market, where it has been exploring a sale or a joint venture partner for the digital and TV business.
Wed, Aug 09, 2023
With over three decades of experience in business management and leadership, Tehmasp Printer has been selected as the new Global CEO for the International Gemological Institute (IGI). Details inside.
Tue, May 09, 2023
Nexus Select Trust REIT IPO will be India's first REIT (Real Estate Investment Trust) IPO backed by rent yielding retail real estate assets. At present, there are 3 listed REITs on stock exchanges, but all are backed by office assets.
Fri, Apr 14, 2023
According to sources, the Nexus Select Trust is likely to hit the capital market in early May with its REIT IPO. It is expecting to get the Sebi nod soon.
Tue, Mar 14, 2023
Foreign investors, mutual funds, sovereign wealth funds and insurance companies were buyers of Blackstone's 20.5 percent stake in Sona BLW Precision Forgings Ltd., which it sold on Monday via a block deal.
Sona Comstar share price gained a day after private equity firm Blackstone on Monday sold its 20.50 per cent stake in an auto parts maker for Rs 4,917 crore through an open market transaction. The private equity firm, through its affiliate Singapore VII Topco III Pte Ltd, offloaded almost 12 crore Sona BLW shares at an average price of Rs 410.04 apiece.
Sun, Dec 18, 2022
Nexus Select Trust has a portfolio of 17 operational shopping malls across 14 major cities, covering about 10 million square feet of area valued at around USD 3 billion.
Fri, Nov 18, 2022
As per the sources, Nexus Select Trust has filed the Draft Red Herring Prospectus (DRHP) with the Securities and Exchange Board of India (SEBI) and is looking to hit the capital market with India's first retail REIT (Real Estate Investment Trust) public issue in the first half of 2023 calendar year.
Sat, Sep 24, 2022
Edtech major BYJU`s has finally paid the remaining dues of nearly Rs 1,983 crore (over $245 million) to global VC firm Blackstone in the $1 billion acquisition of Aakash Educational Services.
Mon, Aug 08, 2022
SEBI has given its nod to 28 companies to raise funds totalling Rs 45,000 crore through initial public offerings in April-July period of 2022-23, which has already seen 11 debutantes raising over Rs 33,000 crore.
Thu, Oct 07, 2021
Leading American private equity player Blackstone is acquiring a 75 per cent stake in VFS Global for USD 1.87 billion (about Rs 13,975 crore), valuing the visa services firm at USD 2.5 billion.
Sat, Sep 19, 2020
Blackstone on Friday sold 23 per cent stake in Essel Propack for a little over Rs 1,860 crore through open market transactions.
Sat, Mar 16, 2019
Global investment company Blackstone and realty firm Embassy Friday raised Rs 1,743 crore from anchor investors ahead of the country's first real estate investment trust (REIT) issue that opens on March 18.
Wed, Mar 13, 2019
Global investment company Blackstone and realty firm Embassy to launch India's first REIT on 18th March
Sun, Feb 24, 2019
"We already have a strong book of anchor and strategic investors. The REIT will be successful as in other countries and Embassy Office Parks will set a precedent for the REIT in India," he said.
Sat, Dec 15, 2018
He added that Blackstone has plenty of scope to expand in the private credit sector as Indian banks are staring at 10.2 trillion rupees ($142.2 billion) of bad loans – and have shrunk their wholesale lending books.
Mon, May 14, 2018
Blackstone through its unit Marble II Pte sold a total of 8 per cent stake in Mphasis. The shares were sold at an average price of Rs 926, they added.
Tue, Apr 04, 2017
According to Knight Frank India, the percentage of PE investments in Mumbai has increased in the last decade from 28% in 2010 to 57% in 2016.
Wed, Jan 11, 2017
Payments bank licensee Fino Paytech on Wednesday said it has raised Rs 149 crore from ICICI Lombard and ICICI Prudential, clearing the decks for it to seek Reserve Bank of India's (RBI) final nod as it becomes a majority domestic investors-owned entity.
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