Mumbai: Mergers and acquisitions in India will likely see a surge in volumes in 2025-26 both because of a volatile equity market and strong corporate balance sheets, said investment bankers and dealmakers at the Mint India Investment Summit. M&A activity in 2024 fell to a four-year low in terms of deal value to $80.5 billion, … Read more
KKR said it has agreed to acquire a controlling stake in cancer treatment chain HealthCare Global Enterprises Ltd (HCG) from fellow private equity firm CVC for ₹445 per share, amounting to around $400 million. KKR replaces CVC as the largest shareholder in HCG and assumes sole control of its operations, the company said. Dr BS … Read more
Cognizant’s reply, made in a Dallas court filing on 7 February, comes a little more than a month after Infosys countersued Cognizant, stating its CEO Ravi Kumar S. had delayed the rollout of Infosys’s own healthcare software product while he was a president at Infosys and negotiating for a job with Cognizant. Infosys veteran Ravi … Read more
A Long Island healthcare executive, father to five kids, allegedly preyed on nearly a dozen teen girls to produce child porn over four years. Jacob Walden, 38, is an executive and co-owner of Emerald Healthcare, a Woodmere-based company that oversees assisted living and nursing homes around the US. He was remanded to a federal jail … Read more