M&A
TMT
Knowlarity acquires cloud telephony business of Sunoray Solutions
Singapore-headquartered cloud-based telephony services provider Knowlarity Communications Pvt. Ltd has acquired Mumbai-based Sunoray Solutions Pvt. Ltd for an undisclosed amount, ......
Healthcare
Did Fortis board go against own advisers to choose Munjal-Burman bid?
The board of Fortis Healthcare Ltd may have gone against the recommendations of some of its external advisers in selecting ......
Manufacturing
Stressed assets: Binani battle drags on; Bhushan's door opens for Liberty House
A year ago, on 5 May 2017 to be precise, the government gave greater powers to the Reserve Bank of ......
Healthcare
Why Fortis chose Munjal-Burman bid over foreign suitors, PE-backed hospital firms
The board of Fortis Healthcare Ltd was split as it evaluated the four binding offers to invest in the company ......
Healthcare
Manipal, IHH Healthcare say disappointed after losing Fortis deal
Malaysia’s IHH Healthcare Bhd and homegrown hospital chain Manipal Health Enterprises Pvt. Ltd said on Friday they were disappointed over ......
Healthcare
Fortis favours Munjal-Burman bid after five-way takeover fight; shares slip
Fortis Healthcare Ltd has selected a consortium of Hero Enterprise Investment Office and the Burman Family Office as the winner ......
TMT
Digital gifting platform Swych buys Blume Ventures-backed Gift Cards India
Digital gifting platform Swych Inc. said it has acquired Mumbai-based GCI Network Pvt. Ltd, the company behind the GiftCardsIndia.in website, ......
Infrastructure
Binani Cement deal: SC won't intervene 'for now' in Dalmia-UltraTech tussle
The Supreme Court on Thursday set aside a civil appeal by conglomerate Dalmia Bharat Ltd which had sought a stay ......
TMT
eBay to sell Flipkart stake for $1.1 bn, relaunch India ops in new avatar
Global e-commerce firm eBay Inc said on Wednesday that it will sell its holdings in Flipkart for about $1.1 billion ......
Consumer
What does Walmart really get out of Flipkart?
For Walmart Inc., which entered India a decade ago in partnership with telecom operator Bharti Airtel’s parent, India has been ......