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International Gemmological Institute garners Rs 1,900 crore from anchor investors ahead of IPO

Blackstone-backed diamond grading firm International Gemmological Institute (India) Ltd on Thursday mobilised Rs 1,900 crore from anchor investors, a day before the opening of...

Smartsheet to go private in $8.4 billion deal with PE firms Vista and Blackstone

Workplace collaboration software maker Smartsheet will be taken private by buyout firms Vista Equity Partners and Blackstone in a deal worth $8.4 billion, the...

Why success of Blackstone’s repeat IT bet depends on these ifs and buts

While Blackstone’s bet on an IT firm in 2016 has paid off, the success of the second one is not guaranteed. ET Prime takes...

Blackstone may sell up to 15% stake in IT major Mphasis for Rs 6,697 crore

The world’s largest private equity fund Blackstone may sell up to a 15% stake in the IT major Mphasis for an estimated value of...

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