Firms/companies

Manipal-TGP steps in again with sweetened offer for Fortis Healthcare

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

SC acquits Ramalinga Raju's brother Srinivasa Raju

15 May 2018

Eli Lilly to buy privately-held AurKa Pharma in a deal potentially worth $575 mn

14 May 2018

Eli Lilly to buy privately-held AurKa Pharma in a deal potentially worth $575 mn

14 May 2018

Experts finally agree: MH370 crash was deliberate act by suicidal pilot

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

Suzuki to allocate bulk of $1.5 bn R&D spend to Indian unit Maruti

14 May 2018

Suzuki to allocate bulk of $1.5 bn R&D spend to Indian unit Maruti

14 May 2018

Xerox terminates $6.1-bn merger with Fujifilm, reaches agreement with Icahn & Deason

14 May 2018

HSBC says performs first trade finance transaction using blockchain

14 May 2018

Air India deal for 111 jets under ED scrutiny

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

Railways blame maintenance for train delays, vows to improve

12 May 2018

Infosys independent director Ravi Venkatesan resigns

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

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

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

PE firm True North to take 265 stake in Fedbank Financial

12 May 2018

PE firm True North to take 265 stake in Fedbank Financial

12 May 2018

Whistling Woods, RJio to set up a virtual reality lab

12 May 2018

During disasters, active Twitter users likely to spread falsehoods

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

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

Royal Dutch Shell to sell its stake in Amberjack Pipeline for $1.22 bn

11 May 2018

Royal Dutch Shell to sell its stake in Amberjack Pipeline for $1.22 bn

11 May 2018

Eli Lilly to buy Armo BioSciences for $1.6 bn

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

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

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

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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