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GCC BUSINESS SEPARATION
VCs hungry for kitchen startups; Vala Afshar’s blueprint for India’s AI futureHappy Thursday! Venture capital investors are betting on the premiumisation wave wafting into Indian kitchens. This and more in today’s ETt...- UFlex’s Asepto bets on Egypt to build global aseptic packaging hubAsepto’s $126-million Ain Sokhna plant will add 12 billion packs of annual capacity, taking its India-Egypt capacity to 24 billion packs as...
- PwC India, US to create 40,000-strong consulting JV: India to get operating controlPwC India and PwC US plan to create a 40,000-employee consulting joint venture that would be worth about $2 billion at launch. PwC India wi...
- Yatharth Hospitals draws interest from Aster, Advent as healthcare consolidation heats upAster DM Quality Care is negotiating to acquire a controlling stake in Yatharth Hospitals. This potential acquisition aims to consolidate t...
- Clients may hit refresh on $13 billion IT deals by DecemberSome deals expected to be up for renewal are banking giant HSBC’s ERP implementation and modernisation contract with Accenture and Capgemin...
- India's AI boom is rewarding engineers more than codersIndia's AI and manufacturing push is reshaping job market, with engineers, technical support professionals and infrastructure roles seeing ...
- India's GCC rise is transforming workplace strategy, says Table Space Chairman & Co-CEOIndia's Global Capability Centres are transforming multinational operations beyond cost considerations. Enterprises now prioritize talent a...
- Basic customs duty waiver on key electronic parts will deepen value chain, says IT SecretaryThe government has waived basic customs duty on key electronics manufacturing components. This move aims to deepen the value chain and stim...
- Aster DM Healthcare plans to invest Rs 2,300 cr to grow India footprint: Chairman MoopenAster DM Healthcare is set for major expansion in India. The company plans to invest heavily, adding thousands of beds through new projects...
- HCLTech appoints Kiran Cherukuri as global head of GCC practiceCherukuri will work towards scaling HCLTech’s global capability centre (GCC) practice by bringing focussed offerings, as well as corporate ...
- IT creates dedicated units for MNCs’ capability centresSuch deals are beyond the existing partnerships they have with overseas firms for technology services and solutions as third-party provider...
- Aster DM completes separation of Gulf business, plans to add 1,700 beds in India in next 3 yearsAster DM Healthcare has finalized the separation of its India and Gulf (GCC) businesses. A consortium led by Fajr Capital acquired a 65% st...
- Aster DM in final stage of Gulf business saleAster is planning to add 1500 beds by FY27 and aims to be among the top 3 hospital chains in India. The expansion plan will encompass a mix...
- Hospital chain Aster DM says deal to sell major stake in Gulf business nearing completionHospital chain Aster DM says deal to sell major stake in Gulf business nearing completion. The company last year agreed to sell a majority ...
- Aster DM shareholders approve sale of Gulf businessAster DM Healthcare last week said its board is considering plans to distribute to shareholders about 70-80% of the $903 million it will ge...
- Aster DM shares soar 12%, hit 52-week high. Here's whyThe board of directors held a meeting on Monday to discuss the progress of the transaction between Affinity Holdings and Alpha GCC Holdings...
- Aster DM to consider paying Rs 110-120 dividend from proceeds of gulf business saleThe board of directors held a meeting earlier on Monday to discuss the progress of the transaction between Affinity Holdings and Alpha GCC ...
- Proxy advisor against Aster DM Healthcare's gulf dealAster DM has proposed two resolutions - the sale of its GCC business to Alpha GCC, a related party transaction, and the sale of subsidiary ...
- Aster DM to tap private equity investors for its India business"We are getting a lot of inbound interest from investors in the last six months; now it has increased," Dr. Azad Moopen, chairman of Aster ...
- Aster DM sells stake in its Gulf business for $1.01 billionAster DM Healthcare plans to sell its stake in its Gulf business to Alpha GCC Holdings for $1.01 billion, aiming to separate its operations...
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