iGate-Apax closes in on Patni deal

The iGate-Apax Partners combine has emerged the highest bidder for India's seventh-largest software services firm, Patni Computer Systems.However, the Carlyle-Advent consortium could revise its bid......

M&A Sees Sharp Decline in 2023

Bankers said the outlook of M&As in India in 2024, especially in the second half after the Lok Sabha election, seems relatively better. Illustration: Uttam Ghosh/Rediff.com   Merger and......

Gitanjali PE investments delayed

Gitanjali Gems Ltd, which is in the process of raising funds from private equity players, is unlikely to close the deal any time soon due to the ongoing business restructuring of the company.The......

PE funds trapped in falling markets

Falling equity markets have trapped major private equity investors such as Warburg Pincus, Blackstone Group, Carlyle, Apax Partners, Chrys Capital and Citigroup. Last year, when the market touched......