blackstone
8 ARTICLES
Five famous people in our stories this year
From Byju’s Divya Gokulanth to Ebix’s Robin Raina, five personalities that we wrote about in 2024.
29 Dec 2024
Is OYO’s turnaround for real?
Even as the chorus of the company’s turnaround seems to be gathering momentum, it appears that co-founder Ritesh Agarwal’s one-trick pony continues to be financial engineering.
17 Oct 2024
The Aakash saga and its many winners and losers
Manipal Group scion Ranjan Pai has converted his debt for a 40% stake in the test-prep company, as Byju’s inches closer to losing its crown jewel.
28 Jan 2024
Ranjan Pai has become the largest shareholder in Aakash
The Manipal Group scion has converted the debt he took over from US-based investment fund Davidson Kempner Capital Management to a 40% stake in the test-prep company.
25 Jan 2024
Aakash founders to terminate share swap with Byju’s
The Chaudhry family has told Byju’s it will not exchange the 18% stake they still hold in Aakash, which Byju’s had acquired in 2021.
09 Aug 2023
Will Cipla set off a sale season?
An investment by a private equity firm or a consortium in the generics maker could set the benchmark for promoters of other pharma companies looking to sell their stake.
09 Aug 2023
Aakash, Blackstone may serve Byju’s notice for non-payment
The edtech startup acquired Aakash Educational Services, in which Blackstone has a 38% stake, last year for $1 billion in cash and stock.
28 Jun 2022
Pandemic-hit Phoenix Mills faces its biggest battle yet
The mall operator has been a proxy for India’s consumption story over two decades. COVID-19 has hit hard at a time deep-pocketed rivals are gunning for it.
08 Jun 2020