Crisis investing: How 14 different asset classes performed in times of distress

History does not repeat itself, but it often rhymes. This could not be truer for crisis investing. Between China’s stockmarket and the debt troubles of Greece and Puerto Rico, it is clear that we could be entering a time of … Continue reading

KKR backs SIMEC to buy out ABG Cement; Rs 900-crore funding to help complete 5.8-million tonne unit in Gujarat

MUMBAI: Private equity heavyweight KKR is teaming up with diversified trading and commodities group SIMEC to invest Rs 900 crore to take over the cement business of debt-laden ABG Group through a complex, multi-tiered financial transaction. The much needed funding … Continue reading