Firms/companies
Manipal-TGP steps in again with sweetened offer for Fortis Healthcare
15 May 2018
After Fortis Healthcare announced last week it planned to accept an offer from Hero Enterprise Investment Office and the Burman Family Office, the Manipal-TGP combine has stepped in again with an offer of Rs180 per share
Experts finally agree: MH370 crash was deliberate act by suicidal pilot
14 May 2018
During an Australian current affairs programme, a panel of experts agreed that Captain Zaharie Amad Shah deliberately crashed the Malaysia Airlines jet carrying 239 people in the Indian Ocean on that fateful day of 8 March 2014
Air India deal for 111 jets under ED scrutiny
14 May 2018
The Enforcement Directorate has started scrutining alleged irregularities in the procurement of aircraft and the surrender of profit-making routes to private airlines
Infosys independent director Ravi Venkatesan resigns
12 May 2018
Industry watchers did not find former former Microsoft India chairman, who joined the Infosys board in 2011, Ravi Venkatesan’s resignation surprising, seeing it as part of recently re-inducted co-founder Nandan Nilekani’s shake-up of the board
Aurobindo and others in the race to buy Novartis portfolio of US assets
12 May 2018
If Aurobindo Pharma is successful in clinching the deal, it would be the largest acquisition of an overseas business by any Indian drug producer, after Lupin's 2015 acquisitions of Gavis Pharmaceuticals and Novel Laboratories for $880 million, in a cash-free and debt deal
Aurobindo and others in the race to buy Novartis portfolio of US assets
12 May 2018
If Aurobindo Pharma is successful in clinching the deal, it would be the largest acquisition of an overseas business by any Indian drug producer, after Lupin's 2015 acquisitions of Gavis Pharmaceuticals and Novel Laboratories for $880 million, in a cash-free and debt deal
During disasters, active Twitter users likely to spread falsehoods
12 May 2018
On a more positive note, the study found that while Twitter users are likely to spread false news during disasters, Twitter and other media platforms move quickly to correct the misinformation
Railways earmarks Rs5,000 cr to revamp stations before 2019 polls
11 May 2018
With the general elections coming up next year, the railways station development project would be a major milestone for the ruling Bharatiya Janata Party, considering the number of people who use the railways
Eli Lilly to buy Armo BioSciences for $1.6 bn
11 May 2018
US pharmaceutical company Eli Lilly and Co yesterday struck a deal to buy Armo BioSciences Inc for about $1.6 billion in order to strengthen its immuno-oncology portfolio
Eli Lilly to buy Armo BioSciences for $1.6 bn
11 May 2018
US pharmaceutical company Eli Lilly and Co yesterday struck a deal to buy Armo BioSciences Inc for about $1.6 billion in order to strengthen its immuno-oncology portfolio
SoftBank still undecided on sale of Flipkart stake to Walmart
11 May 2018
Despite earlier statements treating the Flipkart-Walmart deal as final, SoftBank’s Masayoshi Son is now reported to be having second thoughts on selling his company's stake in the ecommerce firm
SoftBank still undecided on sale of Flipkart stake to Walmart
11 May 2018
Despite earlier statements treating the Flipkart-Walmart deal as final, SoftBank’s Masayoshi Son is now reported to be having second thoughts on selling his company's stake in the ecommerce firm
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