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Sanjiv Goenka enters IT with Firstsource buy

Sanjiv Goenka-led CESC, through its wholly-owned subsidiary, SpenLiq, is set to acquire 49.5 per cent stake in India's fifth-largest business process outsourcing firm, Firstsource Solutions. The......

CESC stock slumps 18% on Firstsource Solutions deal

Power company Calcutta Electric Supply Corporation scrip dropped by over 18 per cent after the company offered to buy 49.5 per cent stake in Firstsource Solutions for Rs 394.9 crore (Rs 3.94......

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