Apax Partners India

• TPG Sells 20.3% Stake in Shriram City Union for Rs 2,300 Crore

  TPG India Investment sold about 1.3 crore shares, constituting 20.37 per cent stake in Shriram City Union Finance, in an off-market deal to Dynasty Acquisition (FPI) Ltd, a subsidiary of Apax Partners, a filing on the BSE said.

• Who is Phaneesh Murthy?

  Phaneesh Murthy has had his share of both fame and controversy in a long and often glittering career as a global IT executive. However, his sacking as the chief executive officer of California-based iGate Corp may bring to an end his ambition of taking on India's IT biggies such as Tata Consultancy Services and Infosys.

• Apax sells stake in Apollo Hospital for $90 million: report

  British private equity firm Apax Partners LLP raised $90.2 million after selling a 4.2 per cent stake in India's Apollo Hospitals Enterprise Ltd through blocks of shares, a source with knowledge of the sale told Reuters on Thursday.

• iGate CEO aims to shake up IT industry billing model

  A former Infosys Ltd executive is challenging the IT outsourcing industry's billing model by charging for results instead of basing fees on the time and labour put in by the armies of staff working for India's big firms.

• TPG sells 10% stake in Shriram Transport Finance for Rs 1600 crore

  TPG Capital, which held its stake in Shriram Transport Finance Company through Newbridge India Investment Ltd, sold 2.26 crore shares (amounting to 9.98 per cent stake) in the firm, as per data available with stock exchanges. The shares were sold on an average price of Rs 715.15 valuing the deal size at Rs 1,612 crore, data showed.

• Apax sells part of stake in Apollo Hospitals for $97 million

  Private equity firm Apax Partners LLP sold half its stake in Apollo Hospitals Enterprise, India's largest hospital chain, to Oppenheimer Funds for about Rs 523 crore.

• Bain, Singapore fund in talks to bid $1.5 bn for Genpact stake: Report

  US private equity firm Bain Capital is in advanced talks with Singapore's GIC to make a joint bid for a 40 per cent stake in Genpact for $1.5-$2 billion, a Thusday report said. Private equity firm Apax Partners LLP is also competing for the stake in New York-listed Genpact, the report said. Citigroup and Morgan Stanley are managing the stake sale ...

• S&P downgrade: Is India losing its economic fizz

  A panel of guests debate about a slowdown in Indian economy as ratings S&P cuts India’s ratings outlook