Will Rakesh Jhunjhunwala regret cutting his stake in TARC?

While, Rakesh Jhunjhunwala, cut his position in few shares including TARC, commodity exchange MCX, Lupin, Fortis Healthcare and others, well-known and highly respected in financial circles in the country,... Read more »

Blackstone buys stake in L&T Business Park for around Rs 700 crore

Blackstone Group LP has purchased an office building at Larsen and Toubro Ltd’s (L&T) Business Park in Mumbai for Rs 650-700 crore, said three people familiar with the transaction,... Read more »

Indiabulls promoters to divest in realty business, Blackstone and Godrej roped in

Indiabulls Group chairman has said that the company is looking to divest the real estate business, its proposed merger of Indiabulls Housing Finance Ltd with Lakhsmi Vilas Bank. The promoters are... Read more »

Blackstone sets to acquire 51% stake in Essel Propack for $460 million

Global buyout major Blackstone Monday has said it would acquire a majority 51 percent stake in the troubled Essel group arm Essel Propack for over USD 460 million or... Read more »

Embassy Office Parks REIT to raise ₹4,750 crore via IPO

On March 18, Embassy Office Parks REIT, India’s first real investment trust will open for subscription. Blackstone Group LP, global private equity giant and Bangaluru-based Embassy Property Development together... Read more »