blackstone

New Delhi, March 29 EPL Ltd, a global leader in flexible packaging solutions backed by Blackstone, and Indovida India Pvt Ltd, a rigid PET packaging platform, announced a merger deal on Sunday to form a USD 1 billion revenue entity with a combined valuation of USD 2 billion.EPL and Indovida...

New Delhi, March 27 The fact that renowned American companies are investing in legacy franchises like RCB and Rajasthan Royals validates how investors view the IPL as the "highest growth sports opportunity in the world," Times Internet Limited chairman Satyan Gajwani said on Friday.Recent...

New Delhi, March 26. Former owner of Royal Challengers Bengaluru (RCB), Vijay Mallya, reacted to the franchise's record-breaking sale after a consortium, led by the Aditya Birla Group, completed the acquisition for ₹16,660 crore and said it is gratifying to see his ₹450 crore investment has...

New Delhi, March 26 Fugitive businessman Vijay Mallya, the original owner of Royal Challengers Bangalore, took a dig at critics who called it a "vanity project" after the cricket franchise was sold for almost USD 2 billion (Rs 18,776 crore).Mallya, who had bought Royal Challengers Bangalore...

New Delhi, March 25 The sale of the cricket franchise, Royal Challengers Bangalore, by United Spirits Ltd (USL), is valued at nearly USD 2 billion (₹18,776 crore), considering it also includes a ₹540 crore payout for the Women's Premier League and a 5 per cent commission to the cricket body...

Mumbai, March 24 – A consortium led by the Aditya Birla Group and Times Internet Limited has acquired Royal Challengers Bengaluru (RCB), the defending champions of the Indian Premier League (IPL) and Women's Premier League, for INR 16,660 crore, the franchise owners informed regulatory bodies on...

On March 24, Bengaluru, a consortium led by the Aditya Birla Group (ABG) acquired 100% equity stake in the IPL franchise, Royal Challengers Bengaluru, from its current owner, United Spirits Limited, for a staggering $1.78 billion (approximately ₹16,706 crore).Other parties involved in the...

New Delhi, March 24 United Spirits Ltd (USL) announced on Tuesday the sale of the IPL franchise, Royal Challengers Bangalore (RCB), in a ₹16,660 crore all-cash deal to a consortium of Aditya Birla Group, The Times of India Group, Bolt Ventures, and Blackstone.In a regulatory filing, USL said...

New Delhi, March 24 United Spirits Ltd (USL) announced on Tuesday the sale of its IPL franchise, Royal Challengers Bangalore (RCB), in a Rs 16,660 crore all-cash deal to a consortium comprising Aditya Birla Group, The Times of India Group, Bolt Ventures, and Blackstone.In a regulatory filing...

Bengaluru, March 24 A consortium led by the Aditya Birla Group (ABG) emerged as the lead bidder to acquire the IPL franchise, Royal Challengers Bengaluru, for a staggering USD 1.78 billion (approximately Rs 16,706 crore) on Tuesday.Other parties involved in the consortium are – Blackstone, an...

New Delhi, March 24: The inaugural champions of the Indian Premier League (IPL), Rajasthan Royals (RR), have been sold to a consortium led by Kal Somani for USD 1.63 billion.Renowned commentator Harsha Bhogle shared a post on X, "Rajasthan Royals are sold for USD 1.63 billion. For comparison...

New Delhi, March 12 Aster DM Healthcare has set aside a capital outlay of around Rs 4,000 crore over the next few years to add about 4,080 beds, according to its Founder & Chairman Azad Moopen.The company, which has received final approval from shareholders for the merger with Quality Care...

Singapore/Lucknow, February 24 Uttar Pradesh Chief Minister Yogi Adityanath said on Tuesday that the state has received investment proposals worth Rs 1 lakh crore during his ongoing visit to Singapore, and MoUs worth Rs 60,000 crore have already been signed.Speaking on the second day of his...

Singapore/Lucknow, February 24 Uttar Pradesh Chief Minister Yogi Adityanath said on Tuesday that the state has received investment proposals worth Rs 1 lakh crore during his ongoing visit to Singapore, adding that memoranda of understanding (MoUs) worth Rs 60,000 crore have already been signed...

New Delhi, February 23 Real estate firm Nexus Select Trust will acquire a 50 per cent stake in a new mall in Mumbai for ₹434 crore as part of its expansion plan.In a regulatory filing on Monday, Nexus Select Trust, a REIT sponsored by Blackstone, said it has entered into an agreement for a...

New Delhi, February 17 ASK Asset & Wealth Management Group, a player in the investment and wealth management sector, has received regulatory approval from SEBI to begin operations as an investment manager for the mutual fund business.ASK Mutual Fund will offer investment solutions across...

New Delhi, February 16 Private equity funds affiliated with Blackstone and co-investors have entered into definitive agreements to invest in Neysa, enabling a USD 1.2 billion capital raise to build what the company aims to be India’s leading AI infrastructure platform.Blackstone and...