Rajat Gupta, the Goldman Sachs Group Inc. director who is being investigated by U.S. authorities over his links to Galleon Group LLC founder Raj Rajaratnam , had a long-standing business relationship with the billionaire hedge fund manager.
Tanda Srinivas was lounging in the yard of his two-room house in the southern Indian village of Mondrai shortly after noon on Oct. 28 when his wife, Shobha, burst out of the door covered in flames and screaming for help.
Private equity companies may struggle to recoup almost $565 million in investments in India’s microfinance industry since 2006 after a regulatory backlash led at least two firms to delay initial public offerings.
Barclays Plc , Britain’s third-biggest bank, acquired a 12.75 percent stake in an Indian provider of back-office services that’s controlled by Blackstone Group LP after the company’s revenue almost tripled.
Indiareit Fund Advisors Pvt., a real estate venture capital fund backed by 3i Group Plc , plans to raise about $622 million in three new funds that will invest in Indian property across the nation’s major cities.
On a sunny Friday afternoon in June 2003, Rajat Gupta was greeted at his waterfront home in Westport, Connecticut, by scores of his McKinsey & Co. partners. They had come from London, Frankfurt, New Delhi and other cities around the world -- and brought along an elephant, which they tethered on the front lawn.