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RPT-Property fund Indiareit's CEO quits to start own venture-sources

The head of Indiareit Fund Advisors has decided to step down to explore setting up his own fund. The head of Indiareit Fund Advisors, an Indian real estate fund and unit of drugmaker Piramal Healthcare, has decided to step down to explore setting up his own fund, sources familiar with the development told Reuters on Saturday.


Knight Capital appoints three directors - WSJ

Brokerage firm Knight Capital Group Inc has appointed three new directors. Brokerage firm Knight Capital Group Inc has appointed three new directors, including the chief executive of TD Ameritrade Holding Corp, three weeks after it received a $400 million outside investment, the Wall Street Journal reported, quoting people familiar with the matter.

Blackstone grooms six executives for Schwarzman's job

Chief Executive Stephen Schwarzman was looking for more than just a business unit chief. When Blackstone Group LP named a new global head of private equity last month, Chief Executive Stephen Schwarzman was looking for more than just a business unit chief.

Romney highlights Bain experience in WSJ op-ed

Republican presidential candidate Mitt Romney attempted to turn the national conversation back to his record as a business executive in an op-ed published on Friday in the Wall Street Journal.


Latest News

Bessemer Venture Partners' Rob Chandra is scaling back his role at the venture firm to launch Avid Park.
When staffers at the National Venture Capital Association see a report that refers to U.S. presidential candidate Mitt Romney's investments as venture capital, they grimace -- and then contact the author to explain politely why it's wrong.
Tesla Motors Inc Chief Executive Elon Musk on Friday made a stunning forecast: battery-powered cars will likely match the internal combustion engine in popularity by the middle of the next decade.
Investment banking faces a shakeout and only large commercial players and boutiques offering outstanding service will survive and prosper, the head of emerging markets banking specialist Renaissance Group told Reuters.
Venture-capital firm Kleiner Perkins Caufield & Byers asked a California state court on Wednesday to dismiss a discrimination lawsuit by partner Ellen Pao.
Have you ever heard of the richest man in Africa? Compared to Bill Gates or Warren Buffett, construction tycoon and the richest man in Africa, Aliko Dangote, is not that well known.
Goldman Sachs (GS.N) said on Tuesday it had rehired veteran banker Mark Schwartz in the role of chairman of its Asia Pacific unit.
JP Morgan's top media sector banker Harry Hampson is to become head of the bank's Financial Sponsors Group which advises private equity firms.
Billionaire investor Carl Icahn revealed he had bought a 7.6 percent stake in Chesapeake Energy Corp and called for the natural gas producer to replace at least four directors.
In a letter to publishers and editors, Warren Buffett said Berkshire Hathaway will probably purchase more newspapers in a few years.
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