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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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Insights
11-Apr-18 In Mar-18, the Indian National Payments Corporation reported that UPI saw more than 178 million transactions and totalling more than USD3.7 bn. At this rate, incumbent payment innovators might just get disintermediated themselves. [image: Bloomberg News]
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