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.
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Mayor Bloomberg Hosts Tech Summit to Help City Keep Its Edge
Yesterday NYC Mayor Michael R. Bloomberg and Bloomberg Philanthropies hosted a private summit to discuss ways of attracting tech businesses to New York, and make sure that the US keeps its edge in tech innovation, amNew York reported today.
Former Washington Mayor Adrian Fenty to Become Andreessen Horowitz Special Advisor
The fastest-growing venture capitalist firm in Silicon Valley, Andreessen Horowitz, announced that former Washington mayor Adrian Fenty will join its team as a special advisor, The New York Times reported on Wednesday.
Equity International CEO resigns, Sam Zell to take over-WSJ
Equity International chief executive Gary Garrabrant has left the U.S. private equity firm. Equity International chief executive Gary Garrabrant has left the U.
Bigger automakers should focus on flying cars: Tesla investor
An investor in Tesla Motors Inc thinks it may be time for big competitors of the electric car maker to admit defeat on their electric models and focus on the next technological leap, perhaps flying cars.
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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.
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.
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.
Jeff Kindler, the former chief executive of Pfizer Inc, has joined venture capital firm Lux Capital as a partner.
General Electric Co (GE.N) Vice Chairman John Krenicki will join Clayton, Dubilier & Rice at the end of the year.
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.
