Tuhin Parikh, senior managing director for real estate in Mumbai at the New York City-based PE and asset management firm Blackstone, has aggregated a 100-million-sqft portfolio in India. Parikh and Blackstone scripted a gold rush into the country’s rent-yielding office spaces, which saw Brookfield Asset Management, Qatar Investment Authority and others...
India's Property Market May Flourish in 2017
Word on the street was that India's November 2016 demonetization of high value currency notes would have a significant impact on the real estate price; here is what the experts say: Forbes reports that 2017 will be a bumper year for India's real estate market as well as for its...
Amorphous Silicon based solar plant commissioned in Tamil Nadu
The world's second largest maker of blank CDs and DVDs is an Indian company named Moser Baer; it has recently diversified into selling (and some instances producing) movies and also launched a solar photo-voltaic business. Located near New Delhi the company is venture and private equity funded. Its unit, Moser...
Fossil Energy attracts Blackstone to India
In recent weeks, the private equity giant, Blackstone Group decided to invest $300 million to buy a minority stake in Indian power developer Moser Baer Projects Private Ltd, which seeks to build out thermal, solar and hydro power generation as well as coal mining operations.The parent of this entity happens...