Bain Capital to enter credit business in India, hires director

MUMBAI: Bain Capital, world’s leading private multi-asset alternative investment firm, is all set to expand its operations in credit & special situations business in India. Bain Capital Credit, its credit specialist arm, has hired Suruchi Nangia as a director as part of setting up an independent Indian team for credit operations, two people close to the development said. Nangia, former […]

Audi Design Director Talks Radical Electric Cars And Becoming An Experience Brand

Audi has teased with the promise of an all-electric family under the e-tron badge for some time. These early cars were brilliantly radical. They experimented with what was then considered to be the electric vehicle vernacular – meaning a focus on aerodynamics, coupled with strong visual statements, elements in the grille and alloy design that pointed […]

BlackBerry Patent Licensing Director Victor Schubert Says He Has Left the Company

A key attorney executing BlackBerry Ltd’s patent licensing strategy has left the company, the second recent departure from the team tasked with making money from the Canadian company’s intellectual property. Victor Schubert, who was a licensing director for BlackBerry, told Reuters in a brief LinkedIn message that he was no longer with the company. He did […]

FBI Director: Unlocking Method Works on ‘Narrow Slice’ of iPhones

The FBI’s method for unlocking an iPhone belonging to one of the attackers in San Bernardino, California, would only work on a very “narrow slice” of devices, according to the bureau’s director. As a result, FBI Director James Comey said, he is confident that the tool would not help unlock newer phones. Federal authorities have […]