US-Iran war CJP protest in Delhi US-Saudi nuclear deal Wildfires in Europe El Nino

Carlyle ropes in Accel Partner's Neeraj Bhardwaj as India MD

US private equity giant Carlyle Group appointed Accel Partner's India MD Neeraj Bharadwaj as the head of India investment team.

FP Archives|Dec 20, 2014, 09:28:56 IST

US private equity fund Carlyle Group LP said on Wednesday it hired Neeraj Bharadwaj as managing director of its India investment team.

[caption id="attachment_350528" align="alignleft" width="380" caption="Carlyle has invested $800 million in India so far, including investments in HDFC and India Infoline. Reuters"][/caption]

Carlyle, which has about $159 billion in assets under management globally, has invested $800 million in India so far, including investments in HDFC and India Infoline.

Bharadwaj joins from Accel Partners where he was managing director of growth investing operation in India. He was earlier the India country head at Apax Partners.

Reuters

China property sector distress deepens as second company runs into financial troubles

Fantasia Holdings missed the deadline to repay a $205.7 million loan

Labour codes unlikely to be implemented this fiscal due to slow progress on drafting of rules, political considerations

Once the wages code comes into force, there will be significant changes in the way basic pay and provident fund of employees are calculated.

Parliamentary panel suggests fine/jail for celebrities of misleading ads

To make celebrities accountable for misleading ads, a Parliamentary Standing Committee today recommended stringent provisions including jail term up to five years and hefty penalty of up to 50 lakh in order to protect consumer interest.

Tiger trails boost tourism to 230 per cent in 2015

With the increase in the number of tourists interested in tiger trails, it is expected that the revenues it will generate can be used for the welfare of the endangered species, remarked Nair.

Progress Software to select five teams for incubator program, calls for entries

Progress senior leadership will then select five teams with the most innovative business app ideas to take part in the six-month program, starting November 1, 2015.

Up Next