M&A
Daiichi case: thwarted in SC, Singhs may return to Singapore courts
17 Feb 2018
Brothers Malvinder and Shivinder Singh are “evaluating the option to challenge the ... award in Singapore courts” after the Supreme Court upheld a high court verdict that they must pay Daiichi Sankyo $546 million
Walmart eyes over 40% stake in Flipkart: report
16 Feb 2018
With over 40-per cent stake in Flipkart, the Bentonville, Arkansas headquartered Walmart and nearly 6,363 stores across the globe could emerge as a fierce competitor to Amazon in India
Bharti Airtel in talks to globally list African arm BAIN BV
16 Feb 2018
The move is seen as part of Airtel’s efforts to monetise its non-core assets and strengthen its war chest for the bruising battle triggered by Reliance Jio Infocomm in India
ArcelorMittal, Ruias and Tatas to vie for debt-laden Essar Steel
12 Feb 2018
The liquidation value of Essar Steel, which operates a 10 million tonne capacity steel plant in Hazira, Gujarat, has been fixed at Rs20,000 crore, according to sources
ONGC-led group buys 10% stake in Abu Dhabi oilfield for $600 mn
12 Feb 2018
The investment by ONGC follows ADNOC signing a deal last year to store about 6 million barrels of oil at India’s Mangalore storage site, signalling increased cooperation in oil sector investments by India and the UAE
Airtel asks Trai for fresh consultations on predatory pricing, IUC compliance
10 Feb 2018
Bharti Airtel has sought transparent pricing norms and rules to define whether a particular tariff is non-discriminatory, non-predatory and compliant with the principles of IUC
Portions of CBI report in Aircel-Maxis case found in Chidambaram’s house?
09 Feb 2018
The CBI filed an FIR in the AircelMaxis case in 2011, alleging that the then telecom minister, Dayanidhi Maran, had arm-twisted C Sivasankaran into selling his company Aircel to the Maxis Group
Walmart offers to sweeten valuation for large stake in Flipkart
08 Feb 2018
Walmart Stores Inc is offering to double the valuation of Flipkart to about $20 billion for a large stake in the Indian ecommerce major, in its bid to take on Amazon in the online retail space
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