News for 'Blackstone Group'

Blackstone Group to invest $300 mn in Moserbaer

Blackstone Group to invest $300 mn in Moserbaer

Rediff.com18 Aug 2010

Moserbaer Projects on Wednesday said that New York-based Blackstone Group will invest $300 million in the company to part fund its expansion plans.

Here's why Kohli's RCB is IPL's most valuable team

Here's why Kohli's RCB is IPL's most valuable team

Rediff.com29 Jul 2026

The business value of the Indian Premier League (IPL) has surged by over 11% to $20.6 billion this year, according to U.S.-based investment bank Houlihan Lokey. This growth is driven by its robust commercial model, attracting significant investor interest, as evidenced by recent franchise ownership changes and a diversified commercial ecosystem.

Real Estate Developers Shelve IPO Plans as Housing Demand Cools, Investor Sentiment Muted

Real Estate Developers Shelve IPO Plans as Housing Demand Cools, Investor Sentiment Muted

Rediff.com3 Aug 2026

Several Indian real estate companies, including BPTP Ltd and Smartworld Developers, are rethinking or shelving their initial public offering (IPO) plans, which were expected to raise around 15,000 crore, due to weaker housing demand, higher costs, and a more cautious investment climate.

IPL champions RCB in no rush to join overseas leagues: co-owner Satyan Gajwani

IPL champions RCB in no rush to join overseas leagues: co-owner Satyan Gajwani

Rediff.com18 Jun 2026

IPL 2026 champions Royal Challengers Bengaluru have no immediate plans to follow rivals and buy franchises in overseas leagues, co-owner Satyan Gajwani said.

Aditya Birla Group-Led Consortium Acquire IPL Champions RCB for Rs 16,660 crore

Aditya Birla Group-Led Consortium Acquire IPL Champions RCB for Rs 16,660 crore

Rediff.com25 Mar 2026

A consortium led by the Aditya Birla Group emerged the lead bidder to acquire IPL franchise Royal Challengers Bengaluru for a whopping Aditya Birla Group-Led Consortium Acquire IPL Champions RCB for Rs Rs 16,660 crore.

IPL Franchises Race Towards $15 Billion Valuations

IPL Franchises Race Towards $15 Billion Valuations

Rediff.com23 May 2026

Kolkata Knight Riders, owned by the Shah Rukh Khan family and Mehta Group, emerged as the most valuable franchise.

India well placed to tackle Trump's tariff volleys: Blackstone CEO

India well placed to tackle Trump's tariff volleys: Blackstone CEO

Rediff.com13 Mar 2025

India and the US are expected to have smooth trade negotiations after US President Donald Trump and Indian Prime Minister Narendra Modi had a productive meeting during Modi's visit to the White House last month, Stephen A Schwarzman, chairman, chief executive officer, and co-founder of one of the world's largest alternative investment firms, Blackstone Group, said in Mumbai on Wednesday.

American firms investing in IPL franchises show confidence in league's growth

American firms investing in IPL franchises show confidence in league's growth

Rediff.com27 Mar 2026

Satyan Gajwani, chairman of Times Internet Limited and RCB's new co-owner, discusses the significance of American companies investing in IPL franchises like RCB and Rajasthan Royals, highlighting the league's immense growth potential and global appeal.

IPL 2026: RCB's New Era Kicks Off with Ananya Birla's Support

IPL 2026: RCB's New Era Kicks Off with Ananya Birla's Support

Rediff.com28 Mar 2026

Ananya Birla shows her support for Royal Challengers Bengaluru ahead of their IPL 2026 opener, as the team enters a new era under new ownership.

OpenAI, Anthropic Threat For India's IT Majors

OpenAI, Anthropic Threat For India's IT Majors

Rediff.com18 May 2026

OpenAI and Anthropic are not simply enabling new software capabilities, they are moving directly into enterprise execution, workflow ownership, and decision orchestration.

IPL: Billionaire David Blitzer joins bidding war for RCB, Rajasthan Royals

IPL: Billionaire David Blitzer joins bidding war for RCB, Rajasthan Royals

Rediff.com26 Feb 2026

Billionaire David Blitzer, co-founder of Harris Blitzer Sports & Entertainment, is conducting due diligence on Royal Challengers Bengaluru and Rajasthan Royals.

Mallya Hits Back at Critics After RCB Sale Reaches Almost USD 2 Billion

Mallya Hits Back at Critics After RCB Sale Reaches Almost USD 2 Billion

Rediff.com26 Mar 2026

Fugitive businessman Vijay Mallya responds to criticism of his investment in Royal Challengers Bangalore (RCB) after the franchise was sold for nearly USD 2 billion.

Why Billionaires Are Fighting for IPL Teams

Why Billionaires Are Fighting for IPL Teams

Rediff.com17 Feb 2026

The business value of the league, popularly called the IPL, surged to a record $18.5 billion last year, U.S.-based investment bank Houlihan Lokey says.

Blackstone-Sattva JV file draft Papers for Rs 6,200 crore Reit IPO

Blackstone-Sattva JV file draft Papers for Rs 6,200 crore Reit IPO

Rediff.com7 Mar 2025

US-based private equity firm Blackstone and Bengaluru-based real estate developer Sattva Group filed the draft initial public offer (IPO) papers for India's biggest real estate investment trust (Reit) named Knowledge Realty Trust to raise ?6,200 crore. The Reit will be the largest in India in terms of net operating income (NOI) and gross assets value (GAV).

Rajasthan Royals Sold For $1.63 Billion: Who Is Kal Somani?

Rajasthan Royals Sold For $1.63 Billion: Who Is Kal Somani?

Rediff.com25 Mar 2026

A consortium led by Kal Somani, a tech entrepreneur, has acquired Rajasthan Royals for $1.63 billion, marking a significant milestone in IPL's history.

Geopolitical tensions, Iran war impact hotel stocks; analysts cut profit expectations

Geopolitical tensions, Iran war impact hotel stocks; analysts cut profit expectations

Rediff.com14 Apr 2026

Indian hotel companies are experiencing a sharp correction in share prices due to the Iran war and broader geopolitical tensions, leading analysts to cut operating profit expectations and valuations, despite structurally positive medium-term prospects.

Blackstone may up ante on India

Blackstone may up ante on India

Rediff.com28 Mar 2007

World's largest private equity firm Blackstone, which is planning to raise $4 billion from an initial public offer in the US, may further boost its investment in India after closing the public issue.

Blackstone to up focus on India

Blackstone to up focus on India

Rediff.com19 May 2008

Blackstone Group, a global private equity player, is set to increase its focus on India. After setting the ball rolling on its corporate private equity and recently starting off its real estate opportunity focus, the company during the past week has set up Blackstone Altius Advisors, an event-driven strategy focusing on opportunities in the Asia Pacific region. Event-driven strategies are those where PEs fund merger and acquisitions or bankruptcies scenario.

Blackstone arm buys Synergy stake for Rs 72 cr

Blackstone arm buys Synergy stake for Rs 72 cr

Rediff.com29 Apr 2008

Blackstone Real Estate Partners, the real estate arm of Blackstone group, has taken a minority stake in Synergy Property Development Services by investing $18 million (Rs 72 crore).

Blackstone, Citi in $5 bn core fund

Blackstone, Citi in $5 bn core fund

Rediff.com16 Feb 2007

State-owned India Infrastructure Finance Company Ltd has tied up with Infrastructure Development Finance Company, and global equity investors Citigroup Inc and Blackstone Group to launch a $5 billion infrastructure fund.

Blackstone scales down investment in Ushodaya

Blackstone scales down investment in Ushodaya

Rediff.com8 Jan 2008

Reworks proposal submitted to Foreign Investment Promotion Board.

$6-Billion Foreign Bet on India's Private Banks

$6-Billion Foreign Bet on India's Private Banks

Rediff.com12 Jan 2026

Cleaner balance sheets, regulatory support and strong growth prospects helped Indian private banks attract over $6 billion in foreign capital, with more deals expected in 2026.

Maratha Quota Stir: 'Business Is Affected'

Maratha Quota Stir: 'Business Is Affected'

Rediff.com2 Sep 2025

'All commercial and banking transactions happen in South Mumbai.'

Blackstone sells entire 23.5% stake in Embassy REIT for Rs 7,100 crore

Blackstone sells entire 23.5% stake in Embassy REIT for Rs 7,100 crore

Rediff.com20 Dec 2023

Global investment firm Blackstone on Wednesday sold its entire 23.5 per cent stake in Embassy Office Parks REIT for around Rs 7,100 crore, according to sources. Embassy Office Parks REIT is India's first Real Estate Investment Trust (REIT) sponsored by Blackstone and Bengaluru-based realty firm Embassy group. Blackstone sold its stake in the entity at around Rs 316 per share through open market transactions and at this price, the deal is valued at about Rs 7,100 crore, the sources said.

Blackstone, Panchshil Realty to buy Express Towers for Rs 900 cr

Blackstone, Panchshil Realty to buy Express Towers for Rs 900 cr

Rediff.com19 Nov 2013

US private equity firm Blackstone Group LP and Indian developer Panchshil Realty are close to buying a majority stake in an office tower in Mumbai for about Rs 900 crore (Rs 9 billion), two sources with direct knowledge of the matter said.

India a bright spot for investments despite current volatility: Blackstone

India a bright spot for investments despite current volatility: Blackstone

Rediff.com15 Feb 2023

Despite the recent turmoil in the Indian markets after a scathing report on the Adani group from Hindenburg Research, American private equity major Blackstone is "bullish" on the India growth story and plans to invest more in the country's infrastructure and real estate projects. "We have a long-term view on India, as growth will be higher here. We have invested half of our Asia exposure in India. "Our extraordinary performance in India has made us bullish," said Jonathan Gray, president and chief operating officer of Blackstone.

Why India Is Warming Up To Reits

Why India Is Warming Up To Reits

Rediff.com18 Nov 2025

Currently, India has five publicly listed Reits: Brookfield India Real Estate Trust, Embassy Office Parks Reit, Mindspace Business Parks Reit Nexus Select Trust, and Knowledge Realty Trust.

One Reit may enter market annually for next 3-5 yrs: IRA chief

One Reit may enter market annually for next 3-5 yrs: IRA chief

Rediff.com15 Sep 2025

India's real estate investment trust (Reit) sector is set for robust expansion, with at least one new Reit expected to enter the market each year over the next three-five years. This growth trajectory builds on rising occupancies, surging leasing activity, and increasing investor interest.

Blackstone inks India's biggest office property deal

Blackstone inks India's biggest office property deal

Rediff.com19 Jun 2019

Blackstone has bought A Wing and some part of B Wing of the building, which has three wings with a total area of 1.5 million square feet.

IPOs mark a new era for India's hospitality industry with scale, ambition

IPOs mark a new era for India's hospitality industry with scale, ambition

Rediff.com15 Jul 2025

India's hospitality sector is rolling out the red carpet for investors. A flurry of upcoming IPOs, or initial public offerings, the entry of new players, and ambitious expansion plans by Indian and global hotel brands are ushering in what could be the industry's most formalised era yet. Leading the charge are real estate titans, who are turning their hotel arms into global hospitality chains.

Small is big for PEs, companies as M&As rise to $45.4 billion in H1

Small is big for PEs, companies as M&As rise to $45.4 billion in H1

Rediff.com11 Jul 2025

India's mergers & acquisitions (M&As) market recorded deals worth $45.44 billion in the first half of 2025, up nearly 3.3 per cent from a year ago, even as ultra large-ticket transactions remained subdued. During the first half, the 7.1 per cent rise in deal count to 1,614 signals continuing appetite among domestic conglomerates and private equity (PE) funds for mid-sized and smaller assets.

Power minister woos investors in US; meets PE giants Blackstone, Warburg

Power minister woos investors in US; meets PE giants Blackstone, Warburg

Rediff.com22 Apr 2016

The power minister briefed the investors on various steps undertaken by the government.

Blackstone, GIC rivalry keeps Indian realty pot boiling

Blackstone, GIC rivalry keeps Indian realty pot boiling

Rediff.com1 Aug 2016

Aggressive acquisitions & deep pockets fuel real estate competition; experts suggest future partnership

Blackstone plans India dedicated fund

Blackstone plans India dedicated fund

Rediff.com19 May 2005

Global equity investment and advisory firm Blackstone has said it was open to come up with an India dedicated fund for infusing capital into corporates depending on response to its initial $1 billion investment.\n\nGlobal equity investment and adviso

Aakash warns EY over conflict of interest in Byju's-AESL row

Aakash warns EY over conflict of interest in Byju's-AESL row

Rediff.com22 May 2025

Aakash Educational Services (AESL) has accused EY of conflict of interest and breach of professional conduct in its ongoing dispute involving Byju's. It has also asked EY to disclose all documents, information, or communication it was privy to, in relation to transactions involving AESL.

'India is an important education market'

'India is an important education market'

Rediff.com23 Oct 2024

'It's the second-largest market for us after the US, and should be the largest market at some point.'

This is one of the largest health-care deals in India

This is one of the largest health-care deals in India

Rediff.com13 Dec 2024

'Along with Blackstone, we would be keen to look at opportunities in the North.'

Jagran proprietors clash over Blackstone infusion

Jagran proprietors clash over Blackstone infusion

Rediff.com29 May 2010

A battle is brewing in the families which run the Jagran group of newspapers. The group's flagship brand, Dainik Jagran, is the country's largest circulated newspaper.

Haldiram inks pact with Temasek as strategic investment partner

Haldiram inks pact with Temasek as strategic investment partner

Rediff.com30 Mar 2025

Haldiram has entered into an agreement with Temasek as part of which the Singapore-headquartered global investment firm will "acquire an equity stake from the existing shareholders" of India's largest packed snack and sweets company and restaurant operator, according to a statement issued on Sunday. It did not disclose details of the deal or the valuation at which Temasek acquired the equity stake, but this is the first official confirmation of the deal from Haldiram.

Blackstone, Embassy pad up to launch first REIT, raise Rs 4k cr

Blackstone, Embassy pad up to launch first REIT, raise Rs 4k cr

Rediff.com26 Sep 2016

Draft prospectus to be filed next week; second trust, with Panchshil, in a few months