Acquistion News

Politics

News in Numbers: Tamil Nadu CM announces Rs6 crore subsidy for Haj pilgrims

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 2018
Companies

Once cash rich, India’s demands erode 90% of ONGC’s war chest

ONGC'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 2018
Opinion

India, the new battlefield for giant retailers

Indian regulators need to realize that the artificial division between physical stores and online stores is fast becoming meaningless

3 min read14 May 2018
Industry

Airtel-Tata Tele deal gets CCI approval

Airtel's acquisition of Tata Teleservices's mobile business now needs approval of Sebi, NCLT, the telecom department and stock exchanges

1 min read16 Nov 2017
Industry

Amazon makes its presence felt in India’s offline retail market

Amazon, 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 2017
Companies

Thomas Cook to acquire forex, travel units of Tata Capital

Thomas 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 2017
Technology

Google said close to buying HTC assets to bolster hardware

Google 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 2017
Companies

Mars Food to buy Tasty Bite maker Preferred Brands

US-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 2017
Companies

CX Partners in talks to acquire majority stake in Comstar for up to Rs450 crore

CX Partners has mandated Kotak Mahindra Capital to advise it on the sale process

1 min read9 Aug 2017
Companies

Ebix acquires 80% stake in ItzCash for Rs800 crore

Ebix'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 2017
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Budget

The 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

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