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Fortis shareholders vote out former Ranbaxy CEO Brian Tempest as director
Fortis Healthcare Ltd’s shareholders have voted by a thumping majority to oust ex-Ranbaxy CEO Brian Tempest as director, overriding promoters’ ......
TMT
Bike taxi startup Rapido buys Hyderabad peer Getbike
Bengaluru-based bike taxi startup Rapido has acquired Hyderabad rival Getbike to enter the business-to-business segment, the two companies’ executives told ......
Manufacturing
How dealmaking in stressed assets is reshaping India's steel industry
The steel industry in India, the world's third-biggest producer of the alloy, is undergoing a churn as large local and ......
TMT
SoftBank confirms Flipkart stake sale in first known exit from Vision Fund
Japanese telecom and Internet conglomerate SoftBank Group Corp has confirmed it will sell its entire stake in Indian online retailer ......
TMT
Alibaba brings online movie ticketing platform TicketNew under Paytm
Digital payments major Paytm has announced the acquisition of Chennai-based Orbgen Technologies Pvt. Ltd, which runs online ticketing platform TicketNew.Both ......
TMT
VC-backed CureFit to buy Indian arm of Oaktree-controlled gym chain Fitness First
Health and fitness startup Cure Fit Healthcare Pvt. Ltd will merge its fitness brand Cult.fit with premium chain Fitness First ......
TMT
Blume-backed home rental startup FastFox buys property review platform
FastFox, an online marketplace for home rentals, has acquired property and broker review platform Roofpik for an undisclosed amount.Gurugam-based FastFox ......
TMT
Online lender EarlySalary buys instant consumer loan startup CashCare
Pune-based online lender EarlySalary has acquired Mumbai-headquartered startup CashCare, which gives consumer loans through non-banking financial companies, for an undisclosed ......
Manufacturing
Industrial chemicals firm Calchem set for management buy-in
Industrial chemicals manufacturer Calchem Industries India Ltd is in the process of a management buy-in, two people familiar with the ......
TMT
E-tailer Infibeam buys UAE-based digital payments firm
Infibeam Incorporation Ltd, the parent of the country’s only listed e-commerce company, has acquired 100% stake in Vavian International, a ......
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