Meanwhile, Real Mallorca made a dream return to La Liga with a 2-1 victory over Eibar at the Estadi Son Moix on Saturday, less than two months after sealing back-to-back promotions to rejoin Spain's soccer elite.

Henry Kravis, co-Chairman and co-CEO of private equity giant Kohlberg Kravis & Roberts (KKR), which has over $195 billion assets under management and a balance sheet of $16 billion visited Mumbai recently for a closed conference where he shared his views on the new governor at RBI, what India needs to fix, and PE's prospects for the long term.

The first quarter of 2018 saw infrastructure and real estate drive investment worth close to $8 billion across 180 deals

Henry Kravis, co-founder of global private equity firm Kohlberg Kravis Roberts & Co, thinks India should go for a bad bank to deal with bad assets in banks. In an interaction with journalists in Delhi, he says there are plenty of opportunities in India. He was joined by India CEO Sanjay Nayar.

However, the number of transactions declined to 76 in January-March this year from 110 in the year-ago quarter.

The two governments have already set a target of increasing bilateral trade in goods and services to $500 billion.

But their reign has been tumultuous as the company has seen compelling battles for ownership.

Tata Motors, ONGC, HDFC and TCS were the top gainers.

PE giants Apollo, Bain Capital and Advent International are keen to pick stake in Viom

Coffee Day Group, which runs businesses from coffee cafes to wealth management to furniture to logistics, is understood to be readying the stage for a possible $100-million fund raise through the private equity route.

Since the start of the year, the PE player has no board representation in the company.

Lafarge is in a drive to shed non-core assets to cut its debt to below 10 billion euros from 12.2 billion euros.

Bharti Infratel is a provider of telecom towers and related infrastructure and on a consolidated basis, is one of the largest in India, "based on the number of towers that Bharti Infratel owns and operates and the number of towers owned or operated by Indus, that are represented by Bharti Infratel's 42 per cent equity interest in Indus," according to the offer document.

Blankfein, 57 took the witness stand on Tuesday in Gupta's trial, which began in a Manhattan court on May 21.

Cash-strapped Lilliput, the country's largest kidswear brand, may soon get a luxury makeover.

62-year-old Gupta appeared in Manhattan federal court but it was not immediately known what charges have been slapped against him by the prosecutors.

Pet and consumer foods manufacturer Del Monte Foods Company has agreed to $5.3 billion acquisition proposal by a group of private equity firms including Kohlberg Kravis Roberts & Co (KKR). KKR along with Vestar Capital Partners and Centerview Partners have offered $19 a share in cash for the food company, Del Monte said in a press statement. The transaction, which was unanimously approved by Del Monte's board of directors, is valued at about $5.3 billion.

India story, pressure to invest are driving spurt in PE activity.

Telecom software company Aricent plans to hire 3,000 people globally during the current fiscal out of which it will hire 1,000 people over the next four months in India to develop new products to cater to the increasing demands from customers.

Global investment bank Morgan Stanley today named P Jayendra Nayak, the former chairman and chief executive officer of Axis Bank, as its new chief executive and country head for India. Nayak, who will replace Narayan Ramachandran, is slated to join on April 5.

Arun Sarin, the newly minted honorary knight of the British Empire who delivered the ending keynote, urged the Berkeley students to invest in Asia and work there to learn valuable entrepreneurial lessons.

Pratham USA, which aims to educate India's underprivileged children through awareness programs about illiteracy, was awarded the 2010 Henry R Kravis Prize in Leadership last week.

For India, we continue to believe that the market and clients here require flexible pools of capital that can address their financing requirements across the capital structure, says Sanjay Nayar, CEO and Country Head for India, KKR.

The high-profile race to buy India's second-largest business process outsourcing (BPO) company, WNS Holdings, ended abruptly today after the company informed the US Securities and Exchange Commission (SEC) that it had decided to stop discussions with interested parties regarding a possible change of control.

Big TV is also in talks with other private equity majors, though these are at preliminary stages, to raise funds. The exact quantum of funding to be raised from Carlyle would depend on the 'promises' by players, he said. The company is also in discussions with major players like The Blackstone Group, Providence and Kohlberg Kravis Roberts for raising funds.

It's been a tough year for the richest people in the world. Last year there were 1,125 billionaires. This year there are just 793 people rich enough to make our list.

HCL, MindTree in the fray. The company is reportedly in talks with Delhi-based HCL Technologies and Bangalore-based MindTree. HCL, with whom discussions are on for a cash-less merger, seems to be the front-runner, investment banking sources said.

Brown's resignation follows that of Citigroup's South Asia CEO, Sanjay Nayar, who has quit the financial services major to join Kohlberg, Kravis, Roberts & Co as its Country Chief.

Sanjay Nayar is said to be joining Kohlberg Kravis Roberts & Co as its CEO and Country Head in the country.

After the Bharti Infratel deal, India could see more group approach in PE investing.

KKR has committed to investing around Rs 1,000 crore in Bharti Infratel, through KKR's Asia private equity fund and global private equity fund.

Billionaire investor's Berkshire Hathaway to pay $2.1 bn for Texas utility's junk bonds.

Cerberus Capital, the New York-based private equity fund that recently bought Chrysler from the erstwhile DaimlerChrysler for close to $7.5 billion, is entering the Indian market shortly.

Once one of the hottest companies in Silicon Valley, Sun Microsystems crashed with the dotcoms, but it kept pouring money into R&D. Now there are signs of a revival.

Investment banking sources said Reliance had made its desire clear to be a global petrochemicals major.

Just six months after pulling out of Hutchison Essar, the Hinduja group is set to throw its hat into the ring for the country's fourth largest telecom company.

Hutchison Telecom on Sunday said talks were on with various suitors for sale of its holding in joint venture Hutch-Essar in India and that there was no time-frame for a decision.

Reliance Comm wants all of Hutch Essar at one go.

India, the world's second-fastest growing economy and a global outsourcing hub, has seen private equity funding more than double in 2006 as cash-rich investors from US and Europe eye a major chunk of the booming market.