Articles for tag: Asia, China, Declining, Equity, Executives, Firms, India, Indiabased, Led, Opportunities, Pivot, Private, Southeast, Top

September 19, 2024

Top private equity firms, led by India-based executives, pivot towards India amid declining opportunities in China and Southeast Asia.

Leading private equity firms like Blackstone and KKR are increasingly focusing on India, driven by a surge in significant transactions. Senior leaders are now based in the country to oversee regional investments. For example, Amit Dixit, who heads Blackstone’s Asia operations, has extensive experience in South Asia. KKR recently appointed Gaurav Trehan as Co-Head of ...

September 17, 2024

Market News

Business

Siddharth Shankar’s Tails Trading Group sells its private labeling arm for GBP 395 million, marking a strategic milestone in global trade.

Tails Trading Group, a UK-based supplier of consumer packaged goods led by Indian entrepreneur Siddharth Shankar, has sold its private labelling division for GBP 395 million to an international investor consortium. The labelling division supplies various products, including food, beverages, and household items, to major retailers and airlines across North America and Europe. Shankar views ...

May 18, 2024

Market News

Technology

Surprising twist: Winamp stays private! Find out why and what’s next

Winamp, the once iconic music player, will not be going open source as previously rumored. Instead, the company behind the software, Radionomy, has announced plans to continue supporting and updating the player for the foreseeable future. Find out more about Winamp’s future direction and the reasons behind this decision. Click to Claim Latest Airdrop for ...

May 17, 2024

Market News

Technology

Shocking: Slack users’ private messages used to train AI – read the full story now!

Slack users were shocked to learn that their messages were being used to train artificial intelligence, raising concerns over privacy and data security. Many users expressed their dismay at the revelation, sparking a debate over the ethics of utilizing personal conversations for AI development. Stay tuned as the story continues to unfold. Click to Claim ...