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Carlyle Elevates Mahesh Parasuraman To Director Level

General

12 January, 2011

Carlyle Elevates Mahesh Parasuraman To Director Level

The Carlyle Group has announced the promotion of Mahesh Parasuraman, Vice President, Asia Growth Fund, to the position of Director. ......

Aurobindo Pharma, MIC Electronics Shed Majority Stakes In Units

General

12 January, 2011

Aurobindo Pharma, MIC Electronics Shed Majority Stakes In Units

Listed firms Aurobindo Pharma and Mic Electronics have sold stakes in their subsidiaries as they cashed their holdings. While Aurobindo ......

Tata Arm Buys Content Delivery Network Firm BitGravity

TMT

12 January, 2011

Tata Arm Buys Content Delivery Network Firm BitGravity

After investing $11.5 million in  content delivery network BitGravity Inc in 2008, Tata Communications has now acquired the California-based company ......

iGate-Patni Deal May Trigger Consolidation Wave, Say Analysts

TMT

12 January, 2011

iGate-Patni Deal May Trigger Consolidation Wave, Say Analysts

The much-touted iGate-Patni deal has finally seen light of day. Will the deal spur a wave of consolidation in Indian ......

Former Microsoft MD Rajan Anandan Joins Google India

TMT

11 January, 2011

Former Microsoft MD Rajan Anandan Joins Google India

Rajan Anandan, who led Microsoft India as its managing director for two years responsible for the tech giant's software, OEM ......

News Roundup: Piramal May Buy Majority Stake in Hind Dorr

General

11 January, 2011

News Roundup: Piramal May Buy Majority Stake in Hind Dorr

SEBI Gives Rs 200Cr Tara Jewels Go-Ahead - Market regulator SEBI has given its approval to studded jewellery exporter Tara ......

iGate CFO On Debt, Integration Hurdles & Magical $1B Leap

TMT

11 January, 2011

iGate CFO On Debt, Integration Hurdles & Magical $1B Leap

iGate CFO Sujit Sircar finds himself in a rather curious situation as he has to deal with a debt of ......

Bessemer Promotes Two India VPs To Partners

General

11 January, 2011

Bessemer Promotes Two India VPs To Partners

US-based investment firm Bessemer Venture Partners (BVP) has promoted two India vice-presidents to partners effective January 1, 2011. The two ......

Patni Trio: Finally They Are On Same Page

TMT

10 January, 2011

Patni Trio: Finally They Are On Same Page

It may not be too off the mark to say that disagreements have cost the Patni brothers dear. Three decades ......

iGate-Apax Acquires 63% In Patni For $921M

TMT

10 January, 2011

iGate-Apax Acquires 63% In Patni For $921M

The much-awaited deal to acquire software services firm Patni Computer Systems has been completed, with the consortium of iGate Corporation ......