Metals tycoon Sanjeev Gupta to launch high-yield bond

Metals tycoon Sanjeev Gupta has held talks with JPMorgan to launch the first high-yield bond backed by part of his sprawling industrial empire, after plans for a stock market flotation of his Australian steel division foundered

UK workers get their biggest pay rises in 11 years

Britain’s workers received their biggest pay rises in more than 11 years this summer as the unemployment rate fell to its lowest since the mid-1970s, even as the country’s political crisis over Brexit deepened.

Private Equity (PE) is an instrument to divert capital to entrepreneurs who want to create new wealth by solving problems for the society or supplying the society with whatever it wants. In other words, it convinces the wealthy institutions...

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