Blackstone

Ventive Hospitality eyes expansion into more leisure destinations in India

Backed by Blackstone, Ventive Hospitality aims to double its hotel footprint with a Rs 2,000 crore capex plan, expanding into leisure destinations after acquiring the Hilton Goa Resort

Blackstone partners with Casagrand to develop industrial parks in Chennai

Blackstone will invest about Rs 700 crore to develop two Grade A industrial and logistics parks across 154 acres in Sriperumbudur with Casagrand Industrial & Warehousing

Blackstone's AirTrunk targets India for its next data facility: CEO

Investors are pouring billions of dollars into artificial intelligence services like OpenAI's ChatGPT, and the data centers required to power them

Blackstone-backed Nexus Select Trust bullish on consumption growth

Nexus Select Trust targets 13% annual portfolio growth through mall acquisitions and rising consumption, with record festive sales and strong demand across jewellery, fashion, and electronics

Blackstone-backed Horizon Industrial Parks names Urvish Rambhia as CEO

Horizon Industrial Parks has appointed Urvish Rambhia as CEO to lead its next growth phase with Blackstone, as India's logistics and warehousing sector continues its strong upcycle

Blackstone to invest ₹6,200 crore for 9.99% stake in Federal Bank

The Indian banking sector has seen a flurry of foreign investors investing in the sector of late. Last week, Emirates NBD announced that it will invest $3 billion for a 60% stake in RBL Bank

Blackstone-backed Kolte-Patil Developers' Q2 housing sales decline 13%

In Q2 FY26, the company sold an area of 0.86 million square feet (msf), down 17 per cent Y-o-Y but 2 per cent higher on a Q-o-Q basis

Brookfield to buy remaining stake in Oaktree for nearly $3 billion

Under the terms of the deal, Brookfield Asset Management and its parent Brookfield will fund roughly $1.6 billion and $1.4 billion of the purchase price, respectively

Blackstone to invest nearly ₹5,000 crore to develop data centre in MMR

Blackstone to invest ₹5,000 crore in 60 MW data centre in Chandivali; India DC sector set for exponential growth with AI, cloud, and 5G demand

Blackstone to acquire Pennsylvania gas power plant in $1 billion deal

US power demand is projected to reach record levels in 2025, driven by data centers for AI and cryptocurrency technologies, as well as higher residential and commercial consumption

KKR, Blackstone turn India into Asia's buyout HQ after China slow down

Seven global funds now have their Asia private equity heads or co-heads based in Mumbai, including Blackstone's Amit Dixit and KKR's Gaurav Trehan

Ventive Hospitality signs 7 new hotels with Marriott International

Atul Chordia, chairman and executive director, Ventive Hospitality, told Business Standard that all these hotels would be operational in four years, with 200 to 250 rooms being added annually

Blackstone's ASK to hire 70 bankers amid surge in India's wealth sector

ASK's private wealth unit aims to have 175 bankers by the end of March next year, up from about 105 now, Rajesh Saluja, chief executive officer and co-founder of the business said

PE firm Blackstone acquires South City Mall in Kolkata for ₹3.2K cr

Real estate services firm Anarock was the sole transaction advisor to the deal

Promoters, Blackstone invest ₹1,060 crore in Embassy Developments

The company received capital infusion through conversion of warrants, strengthening its equity base and supporting growth plans

Blackstone-backed firms invest ₹1,060 crore in Embassy Developments

NCL SG Holdings and Bellanza Developers convert warrants into equity, infusing ₹1,060 crore into Embassy Developments to support a ₹15,000 crore project pipeline

Blackstone to acquire TXNM Energy for $11.5 bn, bets on US energy demand

Blackstone sees TXNM as a sound long-term investment due to the stable, regulated returns and substantial capital requirements of grid modernisation and energy transition

ASK Investment Managers unveils new PMS fund under special opportunities

The minimum investment ticket size of the fund will be ₹50 lakh, and the firm is targeting to raise ₹1,000 crore from this portfolio

CCI clears Knowledge Realty's acquisition of Blackstone, Sattva entities

The Competition Commission of India on Tuesday approved IPO-bound Knowledge Realty Trust's acquisition of several entities affiliated with private equity major Blackstone and Bengaluru-based Sattva Group. Knowledge Realty Trust (KRT) is sponsored by real estate company Sattva Group and Blackstone. "The proposed combination comprises of direct and indirect acquisition by the Knowledge Realty Trust, acting through its manager, Knowledge Realty Office Management Services, formerly known as Trinity Office Management Services (acquirer REIT), of certain entities, some of which inter-alia belong to the Blackstone Group, some belonging to the Sattva Group and remaining held jointly controlled by Blackstone and Sattva Group," the regulator said in a release. Knowledge Realty Office Management Services is a Sebi-registered REIT engaged in the business of owning and/or operating a portfolio of rent or income-generating real estate assets and related income-generating assets. "Competition ...

Blackstone's Q1 profit rises on robust private equity, credit performance

Policy uncertainty under President Donald Trump, especially regarding tariffs, has led to choppy markets and dampened the appetite for deals