"Despite having lost some of its sheen due to regulatory headwinds over the last few years, the pharma sector has regained some of its lustre in the last couple of months, given the strong resilience being demonstrated from a demand-side perspective. It’s not surprising then, that pharma is reclaiming ground as one of the more sought after sectors by private equity these days," said Krishnakumar, Partner, Lifesciences Investment Banking at EY. … [Read more...] about Exclusive | PE firm ChrysCapital to buy out Capital International’s stake in Intas Pharmaceuticals
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In Wipro, after CEO Vivek Paul's exit in 2005, Azim Premji assumed the role for three years till 2008. Between 2008 and 2011, the company was led by Girish Paranjpe and Suresh Vaswani, both of them old-timers, who quit in 2011 on grounds of personal reasons. By then, Wipro's growth began to slump. … [Read more...] about Wipro’s new CEO: Can foreign executives succeed in Indian IT firms?
The Supreme Court Friday issued notice to Tata Sons Pvt Ltd (TSPL) and others on a cross-appeal filed by Cyrus Mistry and his firm seeking removal of anomalies in the NCLAT order for getting representation on the TSPL board in proportion to the stake held by his family. … [Read more...] about SC issues notice to Tata Sons on cross-appeal of Mistry group firm against NCLAT order
Asserting that he is also taking action to protect the integrity of America's financial system, Trump said he is instructing his presidential working group on financial markets to study the differing practices of Chinese companies listed on the US financial markets with a goal of protecting American investors. … [Read more...] about Trump says US terminating relationship with WHO; takes steps against China
"In a lot of ways this was done by investors...they subsidised the cost of market creation...we benefited a lot because we have a generation of consumers which are now digitally savvy. We have to make sure that we do not throw baby along with the bathwater...," he added. … [Read more...] about India’s startup ecosystem in a correction mode: Trifecta Capital