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KKR Falls Behind Arch Rival Blackstone
Kohlberg Kravis Roberts, the private equity group, has fallen behind its arch rival Blackstone as its main measure of profitability ......
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Ex-Goldman Director Rajat Gupta, SEC To Drop Litigation
Former Goldman Sachs Group Inc director Rajat Gupta and the U.S. Securities and Exchange Commission are dropping litigation against each ......
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BSE Sensex Slips 387 Points On Global Selloff; IT, Autos Falter
The BSE Sensex closed at their lowest level in nearly 14 months on Friday, falling 2.2 per cent, following fresh ......
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India Okays $270M Equity Infusion Into Air India
The cabinet approved on Thursday an equity infusion of Rs 12 billion into ailing state-run carrier Air India, a government ......
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Ambit Ropes In Rahul Gupta As Deputy Group CEO
Financial services firm Ambit Holdings has appointed senior banker Rahul Gupta as deputy group chief executive officer, the company has ......
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Ram Kaashyap Investment To Buy Oil Firm Gemmia For $150M
Ram Kaashyap Investment Ltd, a Chennai-based small cap firm with diversified business interests, is acquiring 100 per cent stake in ......
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Ex-Maverick Mehta's Steadview Eyes $100M After 92% Return
Steadview, a hedge fund seeded by former Goldman Sachs (Asia) chairman Mark Schwartz, sees its assets tripling to $100 million ......
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Air India Seen Posting Pretax Loss Of Rs 70B In FY11
Ailing state carrier Air India is estimated to report a loss before tax of Rs 69.94 billion for FY11, the ......
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Essar To Invest Up To $4B In Zimbabwe Steel Plant
Essar plans to spend up to $4 billion in constructing a steel plant to process iron ore from Zimbabwe's Mwanesi ......
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Bharti Airtel Q1 Earnings Below Expectations; Net Profit Down 28%
India’s largest telecom firm Bharti Airtel, backed by Singapore’s sovereign wealth fund Temasek, saw its consolidated net profit crumble 28 ......
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