M&A
Walmart finishes due diligence on Flipkart, may pay $10-12 bn for stake
07 Apr 2018
US retail giant Walmart has completed due diligence as it looks to take a stake of 51 per cent or more in the Indian company. Amazon too is reportedly weighing a rival offer, but Walmart appears a more likely suitor
SC clears Rcomm's sale of mobile business to Jio
05 Apr 2018
Centre may completely exit Air India, ask LIC to pick up stake
05 Apr 2018
Selling its residual stake in Air India, soon to be privatised, to state-owned Life Insurance Corp would help allay potential investors’ concerns about possible government interference in the airline’s operations
Amazon may make rival bid to buy Flipkart: report
04 Apr 2018
Online retail giant Amazon may submit an offer to buy Indian e-commerce firm Flipkart, which is currently in talks with Walmart Inc for a stake sale
Centrum Group to sell money exchange business
03 Apr 2018
Ola acquires Ridlr
03 Apr 2018
SoftBank invests $400 million in Paytm Mall
03 Apr 2018
Vedanta set to take control of Electrosteel with Rs5,000 crore offer
31 Mar 2018
While Vedanta has offered nearly Rs5,000 crore for Electrosteel, which owes lenders close to Rs11,300 crore, the creditors have to complete the insolvency resolution process by 17 April
UltraTech gets CCI nod for Binani Cement bid
29 Mar 2018
Manipal Hospitals acquires Fortis’ hospitals business
28 Mar 2018
The merger will create the largest hospital services provider in the country by revenue while also providing a strong promoter and shareholder base to both FHL’s hospitals businesses and SRL
Govt to divest 76% stake in Air India and Air India Express, 50% in AISATS
28 Mar 2018
The government on Wednesday approved the strategic disinvestment of the state-owned carrier Air India, through sale of a majority stake in the airline
Manipal, Fortis hospitals pursuing merger deal
27 Mar 2018
ArcelorMittal moves NCLT against bar on Essar Steel bid
27 Mar 2018
ArcelorMittal was formally declared ineligible to bid for Essar Steel due to the technicality of still being listed as a promoter of Uttam Galva Steel on the stock exchange, even though it had sold its shareholding before submitting the bid offer
RelinceJio Music to merge with Savan
24 Mar 2018
GlaxoSmithKline backs out of bidding for Pfizer’s consumer unit
23 Mar 2018
GlaxoSmithKline has pulled out of bidding for the consumer healthcare business of Pfizer, days after Reckitt Benckiser’s backed out