Baring Asia to acquire 42% stake in Hexaware Technologies

Baring Asia to acquire 42% stake in Hexaware TechnologiesPrivate equity firm Baring Private Equity Asia will acquire 41.8 per cent stake in software firm Hexaware Technologies for Rs 1,687 crore.

In one of India's biggest IT acquisition deals, Baring will acquire the stake in parts from promoters led by Hexaware Chairman Atul Nishar and General Atlantic Global Investments.

UK economy grows faster than expected during second quarter

UK economy grows faster than expected during second quarterAccording to the latest figures released, The UK economy recorded a faster than expected growth rate of 0.7 per cent during the second quarter of the year from April to June backed by strong exports.

Lagarde warns against withdrawing stimulus

Lagarde warns against withdrawing stimulusChristine Lagarde, the chief of the International Monetary Fund has warned that it might be too soon with withdraw stimulus packages as they are still required specially in some regions including Europe and Japan.

Ballmer to retire in the next 12 months

Ballmer to retire in the next 12 monthsMicrosoft chief executive Steve Ballmer has indicated that he is planning to retire within the next 12 months after a long career in the software company.

He has already spent about 13 year as the chief executive officer of the company and spent two decades as company manager as Microsoft pushed its software onto the 97 per cent of all the computers. Experts have said that the company has also missed several opportunities in under his leadership including smartphones, Web search and tablet computing.

Victoria Beckham wants to look natural

Victoria BeckhamLondon, Aug 24 - Singer-turned-fashion designer Victoria Beckham say

Clarkson shoots down pregnancy rumours

Kelly ClarksoLos Angeles, Aug 24 - Singer Kelly Clarkson has denied the rumour that she i

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