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New immigration order next week to address concerns of court: Trump

 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......

Cerberus Capital comes knocking on India's doors

 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......

Foreign investment in Indian corporate bonds hits 10-year high in May

 Foreign investment in bonds issued by Indian corporates touched a 10-year high in May at Rs 20,996 crore, driven by $3.35 billion fundraise by the Shapoorji Pallonji (SP) group, which saw infusion......

Hindujas tap private credit, foreign banks for RCap buy

 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,......

General Motors, Chrysler reopen merger talks

 General Motors Corp and Chrysler LLC have reopened merger talks, as Chrysler owner Cerberus Capital Management LP has signalled its willingness to give away part of its ownership in the auto maker,......

3 suitors eye Kingfisher Airlines stake

 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......

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