Premium
This is an archive article published on December 21, 2010

Patni stake sale soon?

Dalal Street is also abuzz with rumours that private equity funds will submit final bids early this week to buy a stake in Patni Computer Systems.

google-preferred-btn

Dalal Street is also abuzz with rumours that private equity funds will submit final bids early this week to buy a stake in Patni Computer Systems.

Two parties — a consortium that includes Carlyle and Advent and a rival grouping of IT services firm iGate Corp and Apax Partners — are in the race for the 63 per cent stake,owned by private equity firm General Atlantic and Patni’s founders. Patni Computer shares fell 2.94 per cent at Rs 468.30 on the BSE. The bids could be in the range of Rs 500-Rs550 a share.

Latest Comment
Post Comment
Read Comments
Advertisement
Express shorts
Trump also spoke warmly of his relationship with PM Modi.
India on Trump’s Russian oil claim: ‘Consumer interests come first’
India4 hr ago

India assures US of safeguarding interests of Indian consumers in volatile energy scenario. Discussions ongoing to increase energy procurement from America. No confirmation or denial of conversation between PM Modi and Trump. India willing to step up energy imports from US amid trade talks and tariffs imposed by US. Indian officials indicate commitment to diversifying energy portfolio.

View all shorts
Live Blog
PHOTOS
In pics: From concept supercars to electronic SUV's: Bharat Mobility Global Expo 2025 was all about innovation
In Pics: From Concept Supercars to Electric SUVs – Innovation at Bharat Mobility Global Expo 2025
Top Stories
Kadapa, [Andhra Pradesh], 27 May (ANI): Andhra Pradesh Chief Minister N Chandrababu Naidu and state Minister Nara Lokesh in conversation during the Telugu Desam Party's (TDP) annual three-day Mahanadu conclave, in Kadapa on Tuesday. (ANI Photo)
Amid Andhra Google investment and bumpy roads in Bengaluru, a ‘spicy’ jibe from Nara Lokesh
Modi speaks to Trump, Netanyahu: ‘Historic’
Trump says PM Modi ‘assured’ him India to pause Russian oil imports, will resume after Ukraine war is over
Hema Malini and Dharmendra got married in 1980
Entertainment'Dharmendra will never marry you,' Dimple Kapadia told Hema Malini as she struggled with loneliness in her marriage with 'arrogant' Rajesh Khanna
Himani Shivpuri on Kajol SRK in DDLJ
EntertainmentDDLJ turns 30: 'Kajol would jump on the breakfast table, pour curd on Aditya Chopra; Shah Rukh Khan was charming,' recalls Himani Shivpuri
Tanya Puri, India's youngest detective, shared that in love marriage, too, couples are highly doubtful about their partners cheating on them (Image source: Moments of Silence/YouTube)
Trending'Cheating capital of India is...': Country's youngest detective reveals 3 cities and professions with highest cheating rates
In a moment of reflection, the 21-year-old added that by this time next year, he will “exist just in a memory.” (Representative image/Unsplash)
Trending‘The sadness on my parents’ face’: 21-year-old cancer patient pens heartbreaking post on seeing Diwali lights for the ‘last time’
Commonwealth Games India Ahmedabad host
SportsAhmedabad to host 2030 Commonwealth Games: What this means for 2036 Olympics bid
Power-hitting coach Julian Wood (R), who worked with Bangladesh in a brief stint this year, has noticed a reduction in the gap between the top women's teams and those below. (AP/BCB)
Sports'Men can mishit sixes, women must be highly skilled to hit sixes consistently’: Power-hitting coach Julian Wood details batting evolution 
The much-needed GST reduction could be a signal that big-bang reforms are ahead
OpinionGST cuts, and the Big Bang reforms we need now
rare earths
ExplainedWhy rare earths are at the heart of a renewed China-US trade slugfest
world spine day: exercises to relieve back pain
LifestyleOn World Spine Day, check out these effective at-home back exercises to reduce pain
Tron: Ares, with Jared Leto as Ares, is the third film in the Tron series, following the hit 2010 Tron: Legacy. (Image via X/@hdqwalls)
TechnologyTron: Ares shows why big tech’s AI obsession could be humanity’s undoing
Advertisement
Must Read
SportsAhmedabad to host 2030 Commonwealth Games: What this means for 2036 Olympics bid
Commonwealth Games India Ahmedabad host
Sports'Men can mishit sixes, women must be highly skilled to hit sixes consistently’: Power-hitting coach Julian Wood details batting evolution 
Power-hitting coach Julian Wood (R), who worked with Bangladesh in a brief stint this year, has noticed a reduction in the gap between the top women's teams and those below. (AP/BCB)
SportsRanji Trophy 2025: Ruturaj Gaikwad sparkles, Prithvi Shaw watches as Maharashtra recover from 18 for 5
Ruturaj Gaikwad Ranji Trophy
TechnologyTron: Ares shows why big tech’s AI obsession could be humanity’s undoing
Tron: Ares, with Jared Leto as Ares, is the third film in the Tron series, following the hit 2010 Tron: Legacy. (Image via X/@hdqwalls)
TechnologyHonor teases new smartphone featuring pop-up 'robotic' camera, more details expected in 2026
Honor Robot phone
TechnologyDiwali 2025 gifting ideas: Bluetooth speakers, smartwatches, air purifiers, and more
This year’s sale on e-commerce platforms could be a great opportunity to grab electronics and appliances at steep discounts.
LifestyleOn World Spine Day, check out these effective at-home back exercises to reduce pain
world spine day: exercises to relieve back pain
Advertisement
Buzzing Now
Trending'Cheating capital of India is...': Country's youngest detective reveals 3 cities and professions with highest cheating rates
Tanya Puri, India's youngest detective, shared that in love marriage, too, couples are highly doubtful about their partners cheating on them (Image source: Moments of Silence/YouTube)
Trending‘The sadness on my parents’ face’: 21-year-old cancer patient pens heartbreaking post on seeing Diwali lights for the ‘last time’
In a moment of reflection, the 21-year-old added that by this time next year, he will “exist just in a memory.” (Representative image/Unsplash)
Trending‘Such backward people’: West Bengal man harasses wild elephant by pulling its tail, video sparks outrage
Under India’s Wildlife Protection Act, any act of harassing or provoking wild animals is a punishable offense (Image source: @streetdogsofbombay/Instagram)
TrendingRs 4,000 a month to building India's Canva: 10th-pass Dadasaheb Bhagat from Maharashtra village earns PM Narendra Modi’s praise
Infosys office boy Dadasaheb Bhagat builds India's Canva
Trending‘Family is getting me married': Bageshwar Baba Dhirendra Shastri opens up about his wedding plans
Dhirendra Shastri marriage
Oct 16: Latest News
Advertisement