Blackstone

Bankruptcies Are Booming In India, But Where Are The Judges?

India News | Upmanyu Trivedi and Anto Antony, Bloomberg | Wednesday April 25, 2018

India's revamped bankruptcy process is in full swing and investors from Blackstone Group LP to Oaktree Capital Group LLC are salivating over an estimated $210 billion of stressed assets that are up for grabs. But the courtrooms handling the thousands of bankruptcies are lacking a key component: Judges.

UPL Explores Bid For Platform Specialty Agrochem Unit: Report

Business | Thomson Reuters | Tuesday July 25, 2017

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.

DLF Promoters To Sell 40% Stake In Rental Arm To GIC

Business | Press Trust of India | Wednesday March 1, 2017

The agreement paves way for entering into the next phase of the process to negotiate definitive transaction documents, the company said in a regulatory filing.

JSW Steel Says Evaluating Opportunities Amid Buyout Reports

Business | Press Trust of India | Monday January 23, 2017

The company was responding to the media reports that JSW Steel and Blackstone were in talks to buy Monnet Ispat.

Donald Trump Appoints PepsiCo CEO Indra Nooyi To Strategic And Policy Forum

India News | Edited by Raija Susan Panicker | Wednesday December 14, 2016

PepsiCo Chairman Indra Nooyi has joined Donald Trump's Strategic and Policy Forum on Wednesday that will assist the President-elect in implementing his economic agenda. Mr Trump's transition team said that forum members will give him their views on government policy, job-creation and productivity "in a frank, non-bureaucratic and non-partisan manne...

Blackstone Sells 4.75% Stake In MCX For Rs 302 Crore

Business | Press Trust of India | Friday December 9, 2016

The shares were offloaded on an average price of Rs 1,250.07 apiece.

Blackstone To Buy TeamHealth For $6.1 Billion

Business | Thomson Reuters | Tuesday November 1, 2016

TeamHealth Holdings Inc said private equity firm Blackstone Group LP would buy it for $6.1 billion, in a deal meant to help the US hospital staffing company better cope with pricing pressure during a wave of consolidation.

Blackstone Sells Over 3% Stake In NCC

Business | Press Trust of India | Thursday August 25, 2016

Infrastructure firm NCC Ltd on Thursday said Blackstone GPV Capital Partners (Mauritius) has offloaded a 3.25 per cent stake in the company through open market sales.

DLF, Blackstone Restructure Shareholding In Five Land Parcels

Business | Press Trust of India | Wednesday July 20, 2016

Realty major DLF on Wednesday announced restructuring of its joint venture with global investment firm Blackstone-managed Ridgewood Holdings that had invested Rs 1,481 crore in seven housing projects in 2007.

The Rise Of The Shopping Mall In India: Why Investors Are Betting On It

Business | Thomson Reuters | Wednesday July 13, 2016

E-commerce in India has been booming and online giants like Amazon are spending big bucks on the world's fastest growing major economy. Yet some investors are pouring money into retail mainstays of a bygone era - shopping malls.

Piyush Goyal Woos Investors; Meets Private Equity Giants

Business | Press Trust of India | Friday April 22, 2016

He expressed hope that given the prediction of a good monsoon this year, India may see double digit growth by end of 2016-17 financial year itself.

JSW Cement, Blackstone Bid for LafargeHolcim Assets: Report

Business | Press Trust of India | Wednesday April 13, 2016

Private equity giant Blackstone and Sajjan Jindal-led JSW Cement were among the bidders for LafargeHolcim's Indian cement assets worth Rs 10,000 crore.

Daily Mail In Talks With Partners For A Joint Bid For Yahoo

Business | Thomson Reuters | Monday April 11, 2016

Britain's Daily Mail is in talks with potential partners to mount a joint bid for Yahoo's internet assets, eyeing a plan to buy the troubled U.S. Internet pioneer to help boost advertising revenues from the Mail's globally popular online news site.

Mphasis Shares Gain Over 4% On Blackstone Deal

Business | Press Trust of India | Tuesday April 5, 2016

Shares of IT firm Mphasis rose by over 4 per cent today after the US-listed Blackstone said it will invest up to Rs 7,071 crore to acquire a majority stake in the mid-sized IT services exporter from Hewlett Packard Enterprise.

Infosys Leads Rally In IT Stocks, Hits Record High

Business | NDTV Profit Team | Monday April 4, 2016

Infosys hit a record high on Monday, rising 3.6 per cent to Rs 1,249.90 in intraday trade. India's second biggest IT services company not only outperformed the Sensex (up 0.5 per cent), but also beat the IT sub-index on the Bombay Stock Exchange, which advanced 2 per cent.