The company said in a regulatory filing to the Bombay Stock Exchange that it expects to close the transaction sixty days after the execution of the share subscription agreement and the share purchase agreement.
The deal, one of the largest edtech acquisitions in the world, is expected to materialise in the next two or three months
L&T grabs at Mindtree, whose promoters try to dissuade shareholders; the top IT firm is now at a crucial juncture
The merger marks the first-ever three-way amalgamation in the country's banking sector.
Dealmakers and advisors feel investors are shifting their focus to Asia-Pacific, especially India, owing to geopolitical instability driven by events such as...
Flipkart, clearly, is setting out on a new innings, but without its founders—both Sachin and Binny are icons in India’s start-up ecosystem—at the helm.
The case had been closely watched as setting a benchmark for other big corporate mergers, especially in the media and communications sector.
Walmart acquiring a 77% stake in Flipkart spells a new season in Indian e-commerce. Amazon gets a heads-up.
UltraTech said in a statement that Binani Industries Ltd (BIL) - the promoter firm of BCL - had approached it for arranging funds to pay-off the lenders.
Vodafone To Hold 47.5 % Stake In The Merged Entity
Bharti's net gain would be spectrum in 17 circles of TTSL and two circles of TTML plus 40 million subscribers. They will still be lower than that Idea-Vodafone...
Google will take on half of HTC's research staff - about 2,000 people - many of whom have already been working on the Silicon Valley firm's Pixel handset.
Here's a list of events that took place the demise of the former AIADMK Chief Minister Lt J. Jayalalitha