Mehta And Co.

The man who introduced the modern world to Kashmir through black-and-white photography and made it famous as 'paradise on Earth', Jagdish Mehta, died at 72 in Srinagar on Thursday.

The ordeal of the two private equity firms is symbolic of both India's rapidly sagging private equity market and a reminder of the perils that await foreign investors there. Shortly before a public listing, anonymous calls to the PE firms alleged accounting fraud at kidswear maker Lilliput, which has denied any wrongdoing. The case is now in a Delh...

The man who introduced the modern world to Kashmir through black-and-white photography and made it famous as 'paradise on Earth', Jagdish Mehta, died at 72 in Srinagar on Thursday.

The ordeal of the two private equity firms is symbolic of both India's rapidly sagging private equity market and a reminder of the perils that await foreign investors there. Shortly before a public listing, anonymous calls to the PE firms alleged accounting fraud at kidswear maker Lilliput, which has denied any wrongdoing. The case is now in a Delh...