iGate Global Solutions Ltd on Monday said it has acquired 5 per cent equity stake in US-based Loan Pro LLC enhancing its existing stake to 60 per cent by July 1.
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An industry source said the funding was part of an overall $500 million the company is planning to raise, which will value Ola at around $5 billion.
Kaye, the Warburg Pincus co-president, will succeed Rajat Gupta, McKinsey & Company's senior partner worldwide.
This, despite squeeze in start-up funding; $946 mn Bharti Infratel deal is biggest so far this year
To start with, TPG has signed an MoU with Chhattisgarh government for a 1,600 Mw coal-fired plant in the state at an investment of about Rs 6,000 crore.
'His working style differs from his father as he is a quick decision-maker.'
Rajiv Chhatwal, Rupinder Kaur and Harinder Singh and companies Global Access Technical Support, Source Pundit and Helios Digital Media LLC were the defendants that had been charged in October 2016 by the Federal Trade Commission (FTC) as part of its ongoing crackdown against tech support scams.
The offer comprises of 5.12 million primary ADSs, 1.75 million secondary ADS and up to an additional 1.03 million primary ADSs under the over-allotment option given to the underwriters, it said.
United Phosphorus Ltd has purchased the US-based Dow AgroScience LLC's oryzalin herbicide business, including Surflan, for $21.3 million.
News of all that's transpired on and off the football field
German MNC Siemens on Tuesday announced consolidation of its telecom operations in India by buying out 100 per cent equity stake in its telecom company, Siemens Public Communication Networks Pvt Ltd, for a consideration of Rs 195 crore (Rs 1.95 billi
Though the US has got together a number of vetted and potential Indian business partners, most of these companies say they haven't had much luck in stitching up deals to tap into India as an export market for their goods.
The company has received the tentative approval from the US Food & Drug Administration to manufacture and market these combination tablets in strengths of 600mg/300mg/ 300mg, a statement by Aurobindo Pharma said.
The Life Insurance Corporation of India has opened a branch in Muscat to cater to over 300,000 non-resident Indians in Oman.
Robert, a resident of New Jersey, was charged with illegally exporting to India the military blueprints and technical drawings of parts used in some of the high-tech and sensitive hardware like F-15.
Ashish Aggarwal of San Francisco and two others have surrendered.
While the talks are still at a preliminary stage, sources said major retail players had held discussions with Amazon
Banks stocks continued to trade weak along with FMCG major ITC.
India's Mastek group, an IT services provider, said on Friday its US arm Majesco Software has formed a joint venture with Carreker Corp to offer business processing and IT services from offshore locations like India.\n\n\n\n
Star Group affiliate Asian Broadcasting FZ LLC is to make an open offer to the shareholders of Balaji Telefilms Ltd for acquiring a 20 per cent stake in the latter at a price of Rs 90 per share aggregating over Rs 117 crore
A 30-year-old Indian-American physical therapist along with a patient recruiter has been convicted in a USD 1.6 million Medicare fraud scheme, federal prosecutors said.
"The need of the hour in Indian education system is to create the awareness around academic integrity" said Prof Anil Sahasrabudhe, chairman, All India Council for Technical Education.
