After launching its business-to-consumer platform, Sharma plans to expand the service to about 500,000 paid subscribers in next 9-12 months

An additional Rs 4546.80 cr takes the total investment by Silver Lake to over Rs 10,000 cr for a 2% stake.

Private equity firm KKR is set to invest the money in Jio Platforms for a 2.32% stake.

While Arpwood will bring in around $40 mn to the deal, one of its LPs, Chandler Corporation, will bring in the remaining, said 3 persons fa...

Samsung recalled and pledged to replace millions of Note 7 phones in early September after reports that their batteries were bursting into ...

Deutsche Bank has been trying to reassure investors and clients that it can withstand the financial strain of mounting legal bills.

Global private equity investor General Atlantic has picked up 20% stake in online payment gateway solutions provider Billdesk for $120 mill...

PE pressure on cos to deliver on profits may lead to corporate governance issues.

The allegations of extensive forgery and wilful deceit by the company’s current management came to light after an audit by BSR & Company’s,...

In yet another case of private equity investors standing up against poor corporate governance, global fund General Atlantic and India Equit...

Baring Private Equity Asia will buy a controlling stake in Indian outsourcing firm Hexaware Technologies for up to Rs 1,687 crore.

Nasdaq-listed iGate Corporation will sign definitive agreements to buy a controlling stake in Patni Computer Systems on Monday.

iGate corporation will buy around 60% stake in the company from the founders and private equity investor General Atlantic.

Nasdaq-listed iGate Corporation may end up as the winner of controlling stake in Patni Computer Systems after the promoters decided not to ...

Merrill Lynch & Co, the securities firm acquired by Bank of America Corp, said it uncovered an “irregularity” during a review of its tradin...