Scenes from around the world as heatwaves engulf different parts of the globe. IMAGE: A camel wears a hat amidst a heatwave in front of the Great Pyramids of Giza, on the outskirts of......
The COVID-19-induced lockdown saw a spurt in crybercrimes in India with Kerala recording the highest number during the period, according to an analysis of IT security solutions provider K7......
President Donald Trump on Friday said that he would issue a new executive order next week that would address the concerns raised by the court on his previous order that temporarily suspended entry......
Here's this week's collection of wacky and funny stories from around the world. 1) College students break world record for largest pillow fight UC Irvine students, mostly freshman and......
The Hinduja group is learnt to be looking at alternative means of financing, including private credit, to fund its Rs 9,661 crore all-cash offer to acquire Reliance Capital. Photograph: Courtesy,......
The stakeholders want protection from any litigation which might arise due to fresh claims against the company, especially after PE funds have bought stake in the company and the resolution plan......
The culture of these firms is alien to the Indian financial system. Distressed assets funds are known for their ruthless recovery ethics.Slicing and dicing a company and selling it on a piecemeal......
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. The PE......
After W L Ross' investment in SpiceJet, another major private equity deal is likely in the debt-ridden Kingfisher Airlines. Private equity majors interested in buyouts have started initial......