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Wl Ross Co

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Satyam merges with Tech Mahindra to create $2.4-bn firm

The diversified Mahindra Group on Wednesday announced the amalgamation of its two technology companies, under which Mahindra Satyam will merge with parent Tech Mahindra, creating a $2.4-billion......

Shocker! 30 PEs exit India, withdrawing $1.46 bn

Private equity firms have offloaded stakes worth $1.46 billion in the Indian companies during the April-June quarter this year, reveals the data by deal tracking research firm VCCEdge. It says 30......

Tech Mahindra gets cracking on Satyam

Senior officials from UK-based telecom and broadband conglomerate, BT -- the largest shareholder in Tech Mahindra with nearly 31 per cent stake -- are understood to be in Mumbai to discuss the......

Satyam: IBM, WL Ross tie-up buzz gets stronger

Even as the shroud of secrecy over the bidding process for Satyam Computer Services stays, the buzz around two independent bidders -- IT giant IBM and Wilbur Ross & Co, the private equityfirm......

India Inc: Events that shaped 2008

The global economic downturn made 2008 an unforgettable year. It had its usual share of ups and downs for India Inc. Here's a look at some of the events that shaped the year. Jan 10: 'Nano' is......

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