Tag: Blackstone

Private equity vows to help the world. Lenders want proof

LONDON: Words can be cheap in the market for loans, now some lenders want to change that. In recent years, borrowers have been able to...

Warburg Pincus buys folding carton manufacturer Parksons Packaging

Global private equity fund Warburg Pincus has acquired a majority stake in Parksons Packaging Limited, India’s largest independent folding carton manufacturer. As part of the...

Blackstone set to acquire Warburg-Embassy JV Embassy Industrial Parks

Private equity major Blackstone Group is set to acquire Embassy Industrial Parks at an enterprise valuation of $700 million or Rs 5,250 crore from Warburg...

Realty sector sinks deeper into crisis this year; builders look to 2021 with hopes of demand revival

New Delhi: India’s real estate industry has been trying to get back on its feet ever since the 2016 note ban laid the sector low...

Dating app Bumble is preparing for an IPO worth between $6 billion and $8 billion

Bumble/Facebook Dating and networking app Bumble is readying to go public as soon as early 2021, according to Bloomberg. Bumble could seek an IPO valuation...

Salarpuria Sattva to expand housing portfolio, plans three new projects, Rs 600 crore investment

NEW DELHI: Salarpuria Sattva, a leading player in Indian commercial real estate, is expanding its residential portfolio in and will start development of three new...