INFOGAIN HIRING
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.
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.
Apax India hires veteran Leo Puri
Leo Puri has been hired as an Advisor and chairman of Apax India. He will provide mentorship, strategic advice, and assess new investment opportunities. With a wealth of experience, Puri will work closely with Anurag Sud, Rohan Haldea, and the Apax Funds to drive success in India.
IT company Infogain to hire over 1,000 people this fiscal; eyes acquisition to deepen capabilities
The Silicon Valley-headquartered digital platform and software engineering services company is also actively scouting for acquisitions, Dayapatra Nevatia, president and chief operating officer of Infogain told PTI.
IT firms are changing the way they hire freshers
Tata Consultancy Services (TCS), Persistent Systems and Infogain Corp. are staggering their intake of freshers through the year in order to be more responsive to the changing business environment amid a raging pandemic.
Infogain to tap into opportunities through PE network of APAX Partners
Infogain is already in preliminary talks with a few companies, said chief executive Ayan Mukerji. The firm is focusing on digital innovation, platform innovation and platform foundation, and on creating human-centric solutions.
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Covid continues to disrupt hiring
Our first three stories today highlight ways in which the pandemic has changed how companies hire, manage and retain employees.
IT companies stagger fresher hiring through the year
Tata Consultancy Services has been selecting trainees through its National Qualifier Test (NQT) for the last few years. “While we continue to induct majority of talent from campuses at the beginning of the year, now that we have NQT being conducted every quarter, we do have the opportunity to hire campus talent during the year as well,” said Girish Nandimath, global head-talent acquisition at TCS.
Will mid-tier Indian IT companies sink or swim in the era of digital and automation?
For the likes of Mindtree or Hexaware — yet to touch $1-bn mark — the question now is, how prepared are they to win business in the era of AI?
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