Advent, Bain, GIC in talks to sell stake in Quest Global
Investors together own around 30% in co; a deal may fetch them over two-fold return
Bain Capital, investors sell $620 million Genpact stake
Bermuda-headquartered Genpact told the US Securities and Exchange Commission on Thurs...
IT firms building talent to woo non-English markets
The United States and UK markets provide a major portion of revenue for these IT and engi...
‘Long road to Nasscom’s $100 billion engineering R&D goal'
The Indian ER&D sector already employs about 7,00,000 people in the country, which could rise to one million by 2025, if the conditions for growth become more favourable, experts said.
PE firm Advent to acquire lingerie maker Enamor
Advent International has been looking at mostly controlled deals in India.
QuEST Global names former KPMG partner, Gregory Smith, to the Board
Alongside this role, Smith will also serve on the audit committee of QuEST Global.
Path to profitability dominates Indian startups as profitable exits become more frequent
A flush of financing has convinced investors and entrepreneurs that the tide may finally be turning.
Here are the theories why China may be supercharging the yuan
After meandering in a stable range against the dollar for most of the year, the yuan jumped to 2017 highs.
Rahul Bajaj's twin nephews become billionaires riding family's scooter business
The twins have long counted their uncle’s Bajaj Auto as their firms' biggest customer.
Advent International back in Quest Global, to invest $80 million
The US private equity fund has agreed to invest $80 million (Rs 543 crore) to acquire around an 8% stake held by some of minority investors in Quest.
Indian civilisation stands tall overcoming obstacles: PM Narendra Modi
The Prime Minister's remark came during the inauguration of the seven-day long 'Sri Ramakrishna Vachanamrita Satram'.
Demonetisation may cause temporary pain but will bring rewards over time
Unaccounted wealth has two very different sources: income from illegal activity crime, corruption etc; or undeclared income from commercial activity that's inherently legal.
Advent, Apax & Bain in fray for $240m Quest Global stake
Quest's revenue is estimated at $300 million and its consolidated operating profit is pegged at around $80 million.
Advent in talks for up to 40% in ASK Financials
The group currently manages assets of over Rs 15,000 crore across seven offices in India and an office in Dubai.
Loan against property to see more stress: India Ratings
An Ind-Ra analysis finds limited statistical correlation between delinquency rates and loan to value (LTV) ratios. Loans extended over the last five years, irrespective of their year of origination, are experiencing the highest level of delinquencies in 2016.
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