Morgan Stanley Appoints PJ Nayak As India Head
March 18, 2010 | REUTERSNayak is currently working as an operating partner at Advent International Private Equity.
Buoyed by the return of infrastructure spends, PE fund 3i is reportedly planning to raise its second infrastructure fund of over $1 billion in the next 12 months.(3i Asia head Anil Ahuja in pic)
The pharma firm may shed stakes in generic pharma and raise PE funds to grow injectables business.
Nayak is currently working as an operating partner at Advent International Private Equity.
It will sell its 2,535 telecom towers to WTTIL that would bring cash inflow of Rs 900 crore.
The planned stake increase was through floating a joint venture company with the Tata group.
The present offering would be the second major liquidity event for the shareholders of Genpact.
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