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M&A

Tribunal stays insolvency proceedings as RCom reaches settlement with Ericsson

TMT

30 May, 2018

Tribunal stays insolvency proceedings as RCom reaches settlement with Ericsson

An Indian appeals tribunal on Wednesday put on hold insolvency proceedings against Reliance Communications (RCom), after the debt-laden Indian telecom ......

TaxiForSure co-founder's knowledge-sharing startup Vokal acqui-hires quizzing app

TMT

30 May, 2018

TaxiForSure co-founder's knowledge-sharing startup Vokal acqui-hires quizzing app

Vernacular knowledge-sharing platform Vokal has acqui-hired StupidChat Technology Pvt. Ltd, which runs a quizzing app.Vokal co-founder Aprameya Radhakrishna confirmed the ......

Govt says no bids received for Air India so far, won't extend May 31 deadline

Infrastructure

30 May, 2018

Govt says no bids received for Air India so far, won't extend May 31 deadline

The government has not received any bids so far for its stake in state-run carrier Air India, the civil aviation ......

Hero Electronix buys energy management startup Zenatix; Blume Ventures exits

TMT

29 May, 2018

Hero Electronix buys energy management startup Zenatix; Blume Ventures exits

Hero Electronix, set up by Hero Group in 2015 to tap emerging digital opportunities, on Tuesday said it has acquired ......

RCom a step closer to completing asset sale as tower unit settles with PE backers

TMT

29 May, 2018

RCom a step closer to completing asset sale as tower unit settles with PE backers

Industrialist Anil Ambani-led Reliance Communications Ltd said on Tuesday unit Reliance Infratel Ltd has reached a settlement with its minority ......

Traders' lobby moves competition watchdog CCI against Walmart-Flipkart deal

TMT

28 May, 2018

Traders' lobby moves competition watchdog CCI against Walmart-Flipkart deal

The Confederation of All India Traders (CAIT) has filed an objection to Walmart Inc’s $16 billion merger with e-commerce company ......

Fortis set for fresh takeover battle as Munjal-Burman okay new bidding

Healthcare

28 May, 2018

Fortis set for fresh takeover battle as Munjal-Burman okay new bidding

Fortis Healthcare Ltd is set for a renewed bidding war after the winning consortium of Hero Enterprise Investment Office and ......

VC-backed iNurture buys student engagement platform KRACKiN

TMT

28 May, 2018

VC-backed iNurture buys student engagement platform KRACKiN

Ed-tech startup iNurture Education Solutions Pvt. Ltd has acquired student engagement and employability platform KRACKiN Technologies Pvt. Ltd.Bengaluru-based iNurture didn't ......

IHH follows Manipal in extending validity of revised offer for Fortis

Healthcare

25 May, 2018

IHH follows Manipal in extending validity of revised offer for Fortis

IHH Healthcare Bhd on Friday extended the validity of its revised offer for Fortis Healthcare Ltd -- yet again -- ......

Manipal extends validity of Fortis offer as fate of Munjal-Burman bid in doubt

Healthcare

24 May, 2018

Manipal extends validity of Fortis offer as fate of Munjal-Burman bid in doubt

TPG Capital-backed Manipal Health Enterprises Pvt. Ltd has extended the validity of its revised offer to buy Fortis Healthcare Ltd, ......

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