BLACKSTONE INDIA

Simplilearn, owned by Blackstone, aims for 35-40% revenue growth in fiscal 2025 after restructuring and focusing on core areas. It targets Rs 950 crore revenue and full-year profitability in FY25. It competes with the likes of Temasek-backed Upgrad,...

Embassy REIT secured a Rs 1200 crore debt from a nationalised bank to purchase a 5 mn sq ft commercial asset in Chennai, expanding into a new growth market. The acquisition was funded through debt at 8.05% and internal accruals. The property has a h...

The Bain and Temasek combination submitted a non-binding offer late last week valuing India’s largest snack and convenience foods company at $8-8.5 billion (Rs 66,400-70,500 crore), after initially engaging with the founding family of the 87-yearold...

Rishi Anand, MD & CEO of Aadhar Housing Finance, discusses the IPO, Blackstone's stake reduction, SEBI approval, high AUM, improving asset quality, significant housing unit shortfall, stable NIMs, debt levels, mortgage penetration challenges, and th...

The move, days after the company posted its best annual results, has triggered speculation that more such transactions could be in the offing. The collapse of the $7 billion sale last year after lengthy negotiations had reportedly led to divisions w...

Since 2016-17, several private equity firms including General Atlantic, Bain Capital, Capital International, TA Associates, Warburg Pincus, Everston have been talking with the Agarwal family for a minority stake or a controlling one. Haldiram's jour...

A non-binding offer has been submitted to buy up to 76% of co at $8.5 bn valuation; 87-year old Haldiram with roots in Bikaner, Rajasthan is India’s largest snack and convenience foods company. Delhi and Nagpur factions of the Agarwal family are mer...

ASK Property Fund exits Rs 156 crore investment from Pune's Naiknavare Developers' Avon Vista project with 21% IRR and plans for more investments in Pune and Mumbai.

The concerns are weighing on Nexus as India's first publicly listed retail Real Estate Investment Trust (REIT) is looking to invest Rs 1,000 crore in acquiring three malls in Hyderabad to grow the total portfolio to 20 malls and 11 million sq ft.

The demand for modern warehousing facilities is touching a new high as e-commerce and retail sales are seeing a surge with each passing day in India.

Blackstone-backed Nexus Select Trust, India’s first listed retail REIT, achieved a record 97.6% occupancy in FY 2023-24. The trust is set to acquire three Hyderabad malls, financing through debt, aiming for asset portfolio growth.

The Indian Institute of Management, Bangalore, is poised to establish the nation’s inaugural private equity center of excellence within an academic institution, supported by Mathew Cyriac, an alumnus of the institute and executive chairman of Florin...

The intense pace of deals in the world's most populous region comes as countries and companies respond to booming demand for AI, calling for more data capacity, industry executives said.

Aadhar Housing Finance, the country’s largest affordable home loan company based on assets under management (AUM), plans to raise Rs 1,000 crore through a fresh issue of shares to augment the capital base and up to Rs 2,000 crore through an offer fo...

Blackstone Group is finalizing the acquisition of Adani Realty's Inspire BKC in Mumbai's Bandra-Kurla Complex. The deal is set at Rs 1,800-2,000 crore for the 800,000 sq ft tower, with various prominent companies as occupants.

KKR & Co. is optimistic about investment opportunities in India's consumer sector and expanding its private credit portfolio. Despite high valuations, the firm believes in India's long-term consumption growth. With global firms like Blackstone and G...

Fund plans to annually deploy at least $2 billion for next 5 years. But Gray feels taking companies private in India is a big challenge, as is dispute resolution mechanism and M&A completion timelines.

Blackstone Group plans to invest USD 2 billion annually in India, aiming to improve the ease of doing business for firms like it. The New York-based group has been operational in India for nearly two decades and has invested a total of USD 50 billio...

Blackstone Inc. plans to increase its Indian private equity assets by an additional $25 billion over the next five years, citing India's growing appeal to global investors. The New York-based firm also intends to expand its investment team in India ...