Blackstone acquires majority stake in wealth management firm ASK from Advent, othersCapital markets regulator Sebi had in December 2021, approved the deal where Blackstone acquired 71 per cent stake in the company. Earlier ...
Blackstone buys ASK, plans to tap global ties to grow Indian companyThe Blackstone Group has completed the acquisition of a 71% stake in ASK Investment Managers, with private equity firm Advent International...
Ekta World, Pashmina Realty lock horns over Rs 1,000-crore project in MumbaiEkta files FIR accusing Pashmina, promoters of fraud; Pashmina denies allegations, to seek legal recourse.
Bombay High Court refuses relief to the Yes Bank in the case against Asit KotechaThe genesis of the dispute lies in the credit facility of Rs 330 crore extended by Yes Bank in 2015 to Lily Realty Pvt Ltd, a company owned...
Holy matrimony: A peek into the secretive world of matchmaking among the super richMatchmakers get most of their business through referrals.
After a dry spell, it’s going to rain IPOs in next 1 monthHalf a dozen cos are likely to hit market next month, bringing to an end the dry spell in IPOs.
ASK Investment files papers for Rs 2,000 crore IPOProceeds of the issue will be utilised towards investment in its NBFC subsidiary.
Six franchises pick up 48 players for inaugural TT leagueThe league is promoted by Vita Dani, chairperson, 11Even Sports and former national TT champion Niraj Bajaj.
Advent International picks up minority shares of unlisted financial services group ASK FinancialsAdvent International has pipped other buyout funds such as KKR, Apax and Blackstone to enter exclusivity, said the third person with direct...
Advent in talks for up to 40% in ASK FinancialsThe group currently manages assets of over Rs 15,000 crore across seven offices in India and an office in Dubai.
Promoters and shareholders of ASK group to sell stake to raise $75-80 mn“The deal will involve primary as well as secondary stake sale. Some of the existing individual investors now want to cash out,” said a per...
On-call CFO firm MyCFO raises around $1.5 million from Sameer Koticha of ASK GroupMyCFO is working on tying up with software providers to create packaged solutions for automating some of its tasks such as compliance servi...
- Corporates, PEs, Big Bull Pitch to groom prospective Olympic winners
Ace investor Rakesh Jhunjhunwala has joined a bench of professionals from Mumbai's financial district to support an initiative to groom pro...
- Ask plans PE fund with initial corpus of $100 mn
Ask group plans to launch a private equity with an initial corpus of 100 million, besides a real estate fund by June, a top official said.
- JM Financial buys out remaining 40 pc stake in broking JV
JM Financial has become the 100-per cent owner of institutional broking JV firm, JM Financial Ask Securities, by buying the the remaining 4...
- ASK Group to foray into MFs, private equity
Mumbai-based financial services group, ASK, is planning to set up a $1 billion (approximately Rs 4,040 crore) private equity fund by the en...
- ASK Group mulls selling stake to foreign partner
With the aim to grow its business overseas, financial services provider ASK Group today said it is open to strategic alliances with a forei...