<article>Tax firm Lakhani &amp; Co merges with Baker Tilly DHC, while UK government&#8217;s development finance arm CDC plans to invest $680 million in India.</article>

Tax firm Lakhani &amp; Co merges with Baker Tilly DHC, while UK government&#8217;s development finance arm CDC plans to invest $680 million in India.
<h3>Tax firm Lakhani &amp; Co merges with Baker Tilly</h3>
Baker Tilly DHC, the Indian arm of <a style="color: #000080;" href="http://www.bakertillyinternational.com/">Baker Tilly International</a> and merged with reputed tax firm <a style="color: #000080;" href="http://lakhanicompany.com/">Lakhani &amp; Co LLP</a> in hopes to expand its presence in the taxation consultancy, according to a Times of India <a style="color: #000080;" href="http://epaperbeta.timesofindia.com/Article.aspx?eid=31815&amp;articlexml=Lakhani-Co-Merges-with-Baker-Tilly-30042016004027">report</a>. As part of the merger, Lakhani &amp; Co would join the Baker Tilly DHC along with its 10 partners and 80 tax experts. Dilip V Lakhani, Managing Partner with the Mumbai-based firm, would also join Baker Tilly DHC as a senior partner.
At present, Baker Tilly DHC, has about 1,300 people on board, including around 100 partners in India, would add 500 people after the integration of the firms.
<h3 class="heading1">UK govt development finance arm CDC to invest $680m in India</h3>
<a style="color: #000080;" href="http://dealstreetasia.com/tag/cdc">CDC</a>, the British government&#8217;s development finance arm, plans to invest $680 million in India, according to <a style="color: #000080;" href="http://timesofindia.indiatimes.com/business/india-business/UK-govt-agency-CDC-to-invest-680m-in-India/articleshow/52048496.cms">a report</a> in Times of India. If the fund, which has already invested over $1 billion into 325 companies in India, finds good opportunities it will make multi-million-dollar investments in the next two years, CDC&#8217;s South Asia head N Srinivasan said.
&#8220;We believe the next unicorns will come from the affordable services space of healthcare, housing and financial inclusion,&#8221; said Srinivasan, adding that the sweet spot of investment for CDC is between $25 million and $50 million.
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Tax firm Lakhani & Co merges with Baker Tilly DHC, while UK government's development finance arm CDC plans to invest $680 million in India.

India Digest: Lakhani & Co merges with Baker Tilly; UK govt development finance arm CDC to invest $680m in India

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India Digest: Lakhani & Co merges with Baker Tilly; UK govt development finance arm CDC to invest $680m in India

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