Arnab Paul
Stories by Arnab Paul
Walmart-owned Flipkart said to be in talks to buy Indian grocery chain
Namdhari's operates over 30 stores in the southern city of Bengaluru, and the acquisition will help Flipkart expand its food and grocery segment.
India’s Infosys to buy 75% in ABN AMRO’s mortgage unit for $143.5m
ABN AMRO will continue to hold the remaining 25 percent stake in Stater, which operates in the Netherlands, Belgium and Germany.
India’s Mindtree rejects conglomerate L&T’s hostile takeover bid
L&T's hostile bid to acquire a controlling stake in Mindtree is the first in India's over $154 billion software services industry.
Resurgence in Indian IPO market likely only after general elections
Only two companies have debuted on the National Stock Exchange so far in 2019 - Chalet Hotels and Xelpmoc Design and Tech Ltd.
Max India to sell hospital assets to KKR-backed rival Radiant
In a so-called reverse merger, Radiant will buy out the other JV partner, South Africa-based hospital operator Life Healthcare, and merge its own asse
China’s Xiaomi says parts supplier Holitech to invest $200m in India
Xiaomi had said in April that it wanted its global smartphone component makers to set up base in India, in what could potentially bring as much as $2.
India: Ahead of its merger with Vodafone, Idea Cellular plans $1.1b fund raise
The deal will increase Aditya Birla Group’s stake in Idea to 47.2% from 42.4% currently.
Google looks to set up brick and mortar stores in India to boost smartphone sales
Google is exploring the idea of physical stores after finding an encouraging response to more than a dozen pop-up stores.