Alasdair Pal

Flipkart, Amazon not abusing market position, says India’s CCI

A case brought by the AIOVA, which represents more than 3,500 online sellers, complained that Flipkart was using its dominant position to favour select sellers – an argument the CCI rejected.

TPG-Manipal combine offers sweetened bid for India’s Fortis

Manipal said it would offer Fortis 180 rupees a share, valuing the company at 94.03 billion rupees ($1.39 billion).

TPG-Manipal bid for India’s Fortis said to face investor objections

Two major investors in Fortis Healthcare plan to vote against a Manipal Hospitals-led consortium if that group is selected as the winning bidder.