M&A

RIL to acquire majority stake in AI-based learning platform Embibe

14 Apr 2018

Hero’s Munjals and Dabur’s Burmans propose joint investment in Fortis

13 Apr 2018

Fortis Healthcare has received an unsolicited binding offer jointly from Sunil Munjal’s Hero Enterprise and the Burmans of Dabur to invest Rs1,250 crore directly in the company through a preferential allotment

Vodafone, Idea may have to clear dues worth Rs19,000 cr before merger: report

13 Apr 2018

Malaysia’s IHH plans to outbid Manipal Hospitals for Fortis: report

12 Apr 2018

Malaysian investment holding firm IHH Healthcare Bhd plans to bid for India's Fortis Healthcare Ltd at a price marginally better than Manipal Hospitals Enterprises Pvt Ltd's offer, Bloomberg reported today citing people aware of the matter

Walmart-Flipkart deal almost through

12 Apr 2018

Walmart completed its due diligence on Flipkart and has proposed acquiring 51 per cent of the stocks for between $10 billion and $12 billion

Saudi Aramco signs MoU for 50:50 mega refinery JV in Ratnagiri

11 Apr 2018

Saudi Aaramco along with a strategic partner and an Indian consortium comprising Indian Oil, Bharat Petroleum and Hindustan Petroleum will invest an estimated Rs3,00,000 crore to build the 1.2-million bpd Ratnagiri Refinery and Petrochemicals Ltd

No takers for Air India as Tatas decide to opt out

11 Apr 2018

The Tata Group is unlikely to consider a bid for the national carrier as the terms are too onerous, a report says. With Jet Airways and IndiGo no longer in the running, it seems no one wants to be part of an airline where the government insists on holding a stake

Amazon sweetens bid for Flipkart with $1-2 bn breakup fee

11 Apr 2018

Manipal-TPG raises offer for Fortis by 21% to Rs6,061 cr

11 Apr 2018

Dalmia moves CVC for Binani Cement as lenders back Ultratech

10 Apr 2018

US regulator approves $62.5 bn Bayer-Monsanto merger

10 Apr 2018

While economists say there is a strong likelihood of market abuse when four companies control 45 per cent of the market, the move by the US department of justice will allow one company to control 77 per cent of all seed corn, 69 per cent of all seed traits and 58-97 per cent of the markets in cotton, soybeans, and canola

Uber acquires bike-sharing service provider Jump Bikes

10 Apr 2018

Shapoorji Pallonji keen to buy Unitech Power

10 Apr 2018

Swiss aviation firm shows interest in bidding for Air India

09 Apr 2018

Aviation advisory firm Swiss Aviation Consulting (SAC) has reportedly shown interest in bidding for India’s national carrier, but experts say it does not look serious as the firm may only be scouting for clients

UltraTech hopes to acquire Binani Cement with backing from lenders

09 Apr 2018

Ultratech’s chances of winning Binani Cement, however, depend on the Supreme Court’s decision on the legality of awarding the bankrupt business to another bidder after the Dalmia Bharat-Bain Piramal consortium was declared winner

Global majors Walmart, Amazon, Google in battle for Flipkart

09 Apr 2018

NCLT reserves order in Essar Steel case after hearing ArcelorMittal, Numetal

07 Apr 2018

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

IndiGo backs out of move to acquire international operations of Air India

06 Apr 2018

Lenders seek cash and bank guarantees from Binani promoters for settlement

05 Apr 2018

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