Private Equity players had it....!
PE players in India who went madly after B-grade travel portals and C-grade brokerages took it in the chin after the last week's crash. Last seen this breed wailing their way out of their offices ( some got pink slip probably, or soon will...! ) .
Those who have seen their awful grin before the media announcing their choice of investment whispered a silent prayer in unison. The saw it coming probably. But who listens ? Private Equity mandarins were at their invincible best....how can they ever fail ?!
God bless this breed !!!!
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