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    Carlyle, CVC & Hillhouse in the fray for GeBBS

    Global private equity firms including Carlyle Group, Hillhouse Investment and CVC Capital Partners have been shortlisted to acquire ChrysCapital-owned GeBBS Healthcare Solutions, said people familiar with the development. The deal proposes to value the Los Angeles-based healthcare business process outsourcing firm at $800 million. The firms, shortlisted after the initial round, will submit a binding offer by mid-July, said one of the persons, who did not wish to be identified.

    Netherlands emerges as India's 3rd largest export destination in 2023-24

    India's trade surplus with the Netherlands has increased to USD 17.4 billion in the last fiscal from USD 13 billion in 2022-23.

    Why reforming the WTO dispute settlement mechanism is imperative

    The 13th Ministerial Conference of WTO in Abu Dhabi renewed commitment to a well-functioning Dispute Settlement Mechanism (DSM) by 2024, crucial for the rules-based multilateral trading system.

    IG Drones secures work order to conduct drone survey at NMDC Diamond Mining Project, Panna

    IG Drones conducts drone surveys at the diamond mining project in Panna, Madhya Pradesh. The company aims to establish India as the global drone hub by 2030.

    Chrys Capital looks to sell GeBBS at $1b valuation

    ChrysCapital, the largest homegrown PE fund, is looking to sell GeBBS Healthcare Solutions, about six years after acquiring the Los Angelesbased healthcare business process outsourcing (BPO) company, said multiple people aware of the development. A potential deal is likely to value GeBBS at $800 million to $1 billion, the people said.

    Genesys, Survey of India in pact for digital mapping of cities

    The partnership will introduce the India Map Stack initiative, using high-precision 3D data, Digital Terrain Models (DTM), Digital Surface Models (DSM), and orthoimagery to create accurate and detailed representations of the urban landscape.

    The Economic Times
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