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HCL Corp enters healthcare sector with multi-speciality clinic chain, to invest $160M

Healthcare

07 February, 2014

HCL Corp enters healthcare sector with multi-speciality clinic chain, to invest $160M

Shiv Nadar-promoted HCL Corporation, the privately held group holding company of HCL, has forayed into the healthcare sector with the launch ......

UBS elevates Gaurav Mehta as head of investment banking business in India

General

07 February, 2014

UBS elevates Gaurav Mehta as head of investment banking business in India

UBS has named Gaurav Mehta as new head of its investment banking unit in India, as per a Mint report. Mehta ......

News Roundup: Videocon may exit Indonesian oil block

General

07 February, 2014

News Roundup: Videocon may exit Indonesian oil block

Videocon Industries may exit its Indonesian oil and gas asset if it gets an attractive price. This will not be ......

News Roundup: ICICI Venture, Norwest to sell 10% stake in Shriram City Union

Others

06 February, 2014

News Roundup: ICICI Venture, Norwest to sell 10% stake in Shriram City Union

Private equity investors ICICI Ventures and Norwest Venture Partners plan to sell their minority stake in Shriram City Union Finance ......

News Roundup: Vikram Bakshi sells assets to fund legal battle against McDonald's

Others

05 February, 2014

News Roundup: Vikram Bakshi sells assets to fund legal battle against McDonald's

McDonald's estranged India partner Vikram Bakshi has sold two prime retail properties and is in the process of selling a ......

News Roundup: Adobe, WPP in talks to acquire Indian social analytics startup Simplify360

Others

04 February, 2014

News Roundup: Adobe, WPP in talks to acquire Indian social analytics startup Simplify360

Indian digital media circles have been abuzz with rumors of potential targets being looked at in the social media analytics ......

Airtel, Vodafone and Idea need to redial for spectrum: SC

TMT

03 February, 2014

Airtel, Vodafone and Idea need to redial for spectrum: SC

The country’s apex court has hung up a call by the country’s top three private GSM mobile services firms to ......

News Roundup: MakeMyTrip plans acquisitions to boost revenues from mobile

Others

03 February, 2014

News Roundup: MakeMyTrip plans acquisitions to boost revenues from mobile

India's largest online travel portal, MakeMyTrip wants to bet aggressively on driving business through mobile phones and expects almost 50% ......

Diageo buys 2.4% more of United Spirits for $138M

Consumer

31 January, 2014

Diageo buys 2.4% more of United Spirits for $138M

Diageo Plc, the world’s-largest spirits maker by revenue, has hiked its stake in United Spirits by acquiring another 2.4 per ......

Tata Power to sell stake in one of two coal blocks in Indonesia for $500M

Infrastructure

31 January, 2014

Tata Power to sell stake in one of two coal blocks in Indonesia for $500M

Tata Power has decided to exit one of its two coal assets in Indonesia by selling its entire 30 per ......