In other news, the acquisition of Fortis Healthcare Ltd has become a two-horse race with Malaysia's IHH Healthcare Bhd and TPG-backed Manipal Health Enterprises Pvt. Ltd placing binding offers for the controversy-hit hospital operator
3 min read4 Jul 2018ONGC's cash reserves dropped to about Rs1,000 crore as on 31 March from nearly Rs13,000 crore a year earlier after its HPCL acquisition and dividend payout to the government
2 min read11 Jun 2018Indian regulators need to realize that the artificial division between physical stores and online stores is fast becoming meaningless
3 min read14 May 2018Airtel's acquisition of Tata Teleservices's mobile business now needs approval of Sebi, NCLT, the telecom department and stock exchanges
1 min read16 Nov 2017Amazon, with its acquisitions and tie-ups, has started making inroads into India's retail sector, bringing its brands to people who are not yet part of the e-commerce market
3 min read17 Oct 2017Thomas Cook says its board of directors has approved signing an agreement to buy foreign exchange and travel services companies of Tata Capital
1 min read26 Sep 2017Google may buy HTC's mobile phone original design operations for about $330 million, keep the HTC brand and take on about 100 HTC engineers
1 min read20 Sep 2017US-based Preferred Brands says its Indian subsidiary, Tasty Bite Eatables, will continue to be listed on BSE after the acquisition by Mars Food is completed
1 min read15 Aug 2017CX Partners has mandated Kotak Mahindra Capital to advise it on the sale process
1 min read9 Aug 2017Ebix's ItzCash acquisition provides an exit to payments firm's existing venture capital shareholders Matrix Partners, Intel Capital and Lightspeed Venture Partners
2 min read25 May 2017The Union Budget contains details about the estimated receipts and the expenditure of the government for a particular fiscal year. The Budget is allotted for the upcoming fiscal year, which runs from 1st April to 31st March of the next year. Here is a quick guide on how the Union Budget is prepared