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Insights
23-Apr-18 Walmart Inc is close to finalizing a deal to buy a majority stake in India’s leading e-commerce company Flipkart for at least USD12 bn. The deal would give Walmart a foothold in a market of 1.3 bn people. [image: Bloomberg News]
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Insights
23-Apr-18 Fortis, with around 30 hospitals, is a rare and attractive asset in a growing market. But potential suitors have so far held back from making bold bids for the group as it faces rising debt and a regulatory probe. [image: ET Healthworld]
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Insights
20-Apr-18 India's Fortis Healthcare is setting up a committee to assess bids for the company, excluding non-binding offers. This is a setback for Malaysia's IHH and China's Fosun, which had submitted non-binding offers and sought time for due diligence. [image: Medicare News]
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Insights
19-Apr-18 While the Indian central bank continues to assert there is no cash shortage, experts say the cash shortfall in the system is a whopping USD10.6 bn, a third of the monthly withdrawals normally made at ATMs. [image: Reuters]
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Insights
16-Apr-18 ICICI Lombard General Insurance has emerged as the frontrunner to acquire Chennai-based Star Health & Allied Insurance, edging past the competing consortium of WestBridge Capital and investor Rakesh Jhunjhunwala, valuing the company at INR6,000 crore (USD904 mn). [image: Business Medical Dialogues / Star Health]
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