Wall Street major Blackstone currently has around $50 billion assets under management. The company in the last 10 years has pumped in aroun...

Private equity group Carlyle has emerged as the frontrunner to acquire Hexaware Technologies from its PE owner Baring Private Equity Asia (...

From Big tech firms pledging support for India's fight against Covid, to Blackstone's big bet on Mphasis and Lead School & Bizongo landing ...

Blackstone Group is said to have rejected the two bidders in the final round of Mphasis’ stake sale as their offers didn’t meet its expecta...

Negotiations between Blackstone Group and Carlyle Group for the biggest technology acquisition in India have hit a bump as Mphasis’ share p...

Carlyle Group's offer to buy Blackstone’s 56.12% stake in Mphasis is believed to be at Rs 1,450-1,500 a share—lower than the closing share ...

Carlyle Group is negotiating with at least half a dozen banks and a pension fund to buy out Blackstone’s stake in Mphasis. Binding offers d...

Four funds short-listed after initial bids, diligence ongoing before binding offers next month.

At CMP, PE fund’s 56% stake is worth Rs 13,752 crore. Move to trigger an open offer; KPMG vendor dilligence begin .

M&A deals have picked up momentum in the vertical (Bain and Advent buying into Quest Global and HCL acquiring Geometric) as the industry is...

Edging past peer Apollo Global Management — the other serious contender — Blackstone on Monday signed a definitive agreement with HPE.

Private equity buyout firms Blackstone and Apollo Global Management have emerged as strong contenders to acquire IT services company Mphasi...

Blackstone and Apollo are in the race to acquire Mphasis after HP revived plans to sell its controlling 60.4% stake in the subsidiary.

The past and the present leadership of MphasiS may face off in a takeover bid for the IT services company with revenues of over $1 billion.

HP's move is said to attract the interest of buyout private equity funds like TPG Capital, Carlyle Group and Advent, they added.

With the Rs 160 a share tag, Cambridge Solutions is looking at a valuation of around $420 million.

Both private equity and M&A deals in the sector have risen substantially in the last one year.