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

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......

Tech Mahindra, L&T Infotech eye HP's stake in MphasiS

Private equity giants Carlyle Group LP and Blackstone Group LP as well as Indian outsourcers L&T Infotech and Tech Mahindra Ltd, are lining up bids for Hewlett-Packard Co's $1 billion stake in......

Bank of America to axe 3,500 jobs

Bank of America Corp will slash 3,500 jobs in the current quarter and is working on broader restructuring that could eliminate thousands of additional positions, a media report says. Citing people......

Citi to sell $1.7 bn private equity assets: Report

Citigroup Inc will sell a $ 1.7 billion portfolio of private equity assets to European buyout firm AXA Private Equity as part of a strategy to clean up its books in the aftermath of the financial......

'Rajaratnam made millions thanks to Indian-Americans'

Sri Lankan-born billionaire Raj Rajaratnam made $4 million on Hilton stock in a single day after getting tips - in which two Indian-Americans were involved - when the hotel chain was bought by......

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Blackstone Group Lp

News for Blackstone Group Lp

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

Tech Mahindra, L&T Infotech eye HP's stake in MphasiS

Bank of America to axe 3,500 jobs

Citi to sell $1.7 bn private equity assets: Report

'Rajaratnam made millions thanks to Indian-Americans'

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