Tag: Private Equity Investment

GMR Likely To Sell Its Chennai Technology Park

Prominent infrastructure development company GMR Group is likely to sell Cognizant Technology Solutions, its Chennai Technology Park, for Rs.150 Cr. Prominent infrastructure development company GMR Group has revealed its plans to divest its technology park in Chennai. The technology park; located on Old Mahabalipuram Road (OMR), one of the prime IT hubs in the city, […]

Blackstone Likely To Buy Bangalore Business Park

America-centered private equity giant Blackstone is likely to buy Business Park in Bangalore. The deal is expected to be fixed at $367 million (Rs.19.5 billion approximately). Blackstone, America-centered private equity giant is likely to buy Bangalore Business Park along with two Indian realty firms. The deal is expected to be set for a sum of […]

Realty Sector Saw Faded Interest Of Private Equity Firms

Realty sector in India witnessed a deep fall in the investment by Private equity firms in 2012. Realty sector currently faces faded interest of private equity firms. A leading global accounting firm Grant Thornton reported that the private equity firms have lost their interest in the realty sector and infrastructure. In 2012 nearly $ 7.4 […]

ICICI Venture May Raise Three Billion Dollar

ICICI Venture, the private equity wing of ICICI Bank, plans to raise three billion dollar from its 2 funds including equity and a real estate fund. A senior ICICI Venture executive told that they will raise $1.5 billion from both these funds. The ICICI Venture executive said the company expects to generate most of the […]

Assocham’s Study About Indian Real Estate

A study by Assocham (Associated Chambers of Commerce and Industry of India) says that Real estate sector is predicted to be the best beneficiary of private equity landscape in India. This study is titled as “Private Equity – The Money Tree”. This study says that Real estate sector has been giving average profit margins of […]