Tag Archives: hero motocorp

Battered Bain Retreats from India, Files Law Suit Against Ernst & Young in US Court

Global equity firm Bain Capital Partners LLC is suing EY (Ernst & Young) in a US court for false auditing reports showing inflated sales figures for Indian firm Lilliput Kidswear, which turned into a huge loss of $60 million. Battered Bain, which is exiting from another Indian company Hero Motocorp, is moving the court in US against EY for “fraud, ...

Read More »