• India

    Schwarzman Marries Into Hinduja Family

    The Hinduja family, majority owners of Indian apparel maker Gokaldas, accepted Blackstone’s dowry of $165 million to take Steve Schwarzman into its clan. The blushing Blackstone bride will eventually hold up to 70% of the company. Blackstone will acquire an initial 50.1% stake followed by a secondary offering for 20% of the company required by […]

    / Aug 21, 2007 at 11:43 AM
  • India

    Is India Running Out Of Smart People?

    Just in time for Hindu Christmas, The New York Times today runs an article on India’s dearth of smart workers. That might strike a lot of finance people in New York as surprising—Wall Street seems pretty well-populated by folks from the subcontinent. But just because there are a lot of smart, skilled people in India—people […]

    / Oct 20, 2006 at 4:24 PM

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