Bain sues EY in US court for $60-mn loss in Lilliput

Bain alleges that it invested around $60 mn based on false financial statements that EY had audited and certifiedPrivate equity (PE) major Bain Capital has sued EY (formerly Ernst & Young) in a US......

5 lessons PE funds have learnt in India

Some of the world’s marquee private equity (PE) firms have lost their investments in India, mainly due to governance issues in companies. Many of the dud investments were made between 2005......

PEs find investment in brands wise, but are wary of retailers

India-focused private equity (PE) players are keen on designer brands, but they seem to be wary of investing in retail apparel firms.   That explains why no deal has been sealed in the......