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KKR's fourth-quarter profit drops by nearly a fifth

Finance

03 February, 2020

KKR's fourth-quarter profit drops by nearly a fifth

U.S. private equity firm KKR & Co Inc said on Friday fourth-quarter after-tax distributable earnings fell 18%, owing to a ......

Indiabulls to take over some Embassy projects in Blackstone-backed deal

Infrastructure

31 January, 2020

Indiabulls to take over some Embassy projects in Blackstone-backed deal

IndiaBulls Real Estate Ltd said on Friday it will merge with itself some housing and office projects of Embassy Property ......

Blackstone quarterly profit rises on asset sales, fee revenue

Finance

31 January, 2020

Blackstone quarterly profit rises on asset sales, fee revenue

Blackstone Group Inc, the world's largest alternative asset manager, said on Thursday fourth-quarter distributable earnings rose 27% year-on-year, as strong ......

Kone offers $19 bn for Thyssenkrupp's elevator business

Manufacturing

29 January, 2020

Kone offers $19 bn for Thyssenkrupp's elevator business

Finland's Kone has offered about 17 billion euros ($18.9 billion) for Thyssenkrupp's elevator unit, the highest bid so far, drawing ......

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Why Naukri parent Info Edge took a haircut to exit ed-tech venture Meritnation

TMT

15 January, 2020

Why Naukri parent Info Edge took a haircut to exit ed-tech venture Meritnation

Naukri parent Info Edge (India) Ltd bought a stake in Zomato in 2010 which went on to become a unicorn. ......

Blackstone to pick up stake in Allcargo's warehousing business

Infrastructure

13 January, 2020

Blackstone to pick up stake in Allcargo's warehousing business

Blackstone Group Inc. is acquiring a part of Allcargo Logistics Ltd’s warehousing business, as the US-based private equity firm continues ......

Blackstone raises three-quarters of first life sciences fund

Finance

10 January, 2020

Blackstone raises three-quarters of first life sciences fund

U.S. private equity firm Blackstone Group Inc has secured $3.4 billion from investors for its first fund dedicated to investments ......

Blackstone sets up warehousing platform with Hiranandani Group

Infrastructure

09 January, 2020

Blackstone sets up warehousing platform with Hiranandani Group

Private equity firm Blackstone Group Inc., which has a large portfolio of real estate assets in the country, has teamed ......

Private equity's talent challenge: Keeping it out of the family

Finance

07 January, 2020

Private equity's talent challenge: Keeping it out of the family

Family offices, which handle the wealth of the very rich and their kin, are increasingly poaching young talent from buyout ......

Grapevine: NTPC outbids Adani on Avantha plant; TPG alliance eyes Columbia Asia assets

General

07 January, 2020

Grapevine: NTPC outbids Adani on Avantha plant; TPG alliance eyes Columbia Asia assets

NTPC outbid Adani Group by two-and-a-half times with a Rs 1,900 crore ($265 million at current exchange rate) offer for ......