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Blackstone and Salarpuria Sattva to purchase Tanglin Developments

Blackstone and Salarpuria Sattva will together be acquiring Tanglin Developments, which is the real estate company of Mr. V.G. Siddhartha, for a sum of around Rs.2,800 crore. Blackstone is expected to...

Five contenders in line to purchase Lakshmi Vilas Bank stake

Lakshmi Vilas Bank has shortlisted five investors to purchase a controlling stake from the bank. Baring Private Equity, Gajja Capital, Bain Capital, The Blackstone Group,...

Teleperformance acquires Mumbai-based Intelenet for $1 Billion

Teleperformance, an outsourcing company based in France, recently announced that it has acquired Mumbai-based Intelenet Global Services, which was previously backed by Blackstone, for...