CVC offers to buy software firm in $1.2-billion deal
Financial Express Hyderabad|December 10, 2024
SHARES IN GERMAN health-care software provider CompuGroup Medical surged 30% on Monday after the company said investor CVC Capital Partners has offered to acquire it and take it off the stock exchange.

CompuGroup said CVC had offered 22 euros ($23.24) per share, which corresponds to a 51% premium to CompuGroup's average share price over the past three months.

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Financial Express Hyderabad

Telegram CEO Durov returns to Dubai amid French criminal probe

Telegram's billionaire founder and Chief Executive Officer Pavel Durov is in the United Arab Emirates, where he is a citizen, after France temporarily loosened the conditions imposed on him as part of a criminal probe related to his messaging app.

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Financial Express Hyderabad

No new tax in ₹2.05L-cr budget in Haryana

HARYANA CHIEF MINISTER Nayab Singh Saini on Monday presented a tax-free ₹2.05-lakh-crore budget for 2025-26, making various announcements including earmarking ₹5,000 crore for \"Lado Lakshmi Yojana\" and setting up an authority to tackle drug abuse.

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1 min  |
March 18, 2025
Financial Express Hyderabad

IPV to invest in over 70 startups

GURUGRAM-BASED ANGEL INVESTMENT firm Inflection Point Ventures (IPV) plans to invest in over 70 startups this year, marking a significant increase from over 50 deals it has closed annually over the past two years.

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1 min  |
March 18, 2025
Financial Express Hyderabad

WPI inflation records marginal rise in Feb

INDIA'S WHOLESALE PRICE index-based inflation marginally rose to 2.38% in February due to increase in prices of manufactured products, government data released on Monday showed.

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1 min  |
March 18, 2025
Financial Express Hyderabad

Trump is already losing

It looks like Donald Trump's \"craziness\" is already polluting sentiment, not just with the US' trading partners (and erstwhile friends) but importantly, with increasing numbers of Americans who were looking forward to Great Times—a soaring stock market, lower prices, and more well-paying jobs.

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Financial Express Hyderabad

DIAL's plea against Hindon airport use: HC seeks govt reply

THE DELHI HIGH Court on Monday sought the Centre's reply on a plea filed by Delhi International Airport (DIAL), which runs the Indira Gandhi International Airport, against the permission given to the Airports Authority of India (AAI) to start commercial flight operations from Hindon airport in Ghaziabad.

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Financial Express Hyderabad

Maruti Suzuki to hike prices by up to 4% from April

Tata Motors' CVs to be costlier by up to 2%

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March 18, 2025
Financial Express Hyderabad

Himachal CM presents ₹58,514-crore budget

WITH A FOCUS on tourism, rural development and green energy, Himachal Pradesh chief minister Sukhvinder Singh Sukhu on Monday presented a budget of ₹58,514 crore for 2025-26.

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1 min  |
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Financial Express Hyderabad

MFs Raise Exposure to Pvt Banks, NBFCs, Telecom in February

WITH AN 18.5% allocation, private banks remained the pick for mutual funds in February, followed by technology (9.3%), automobiles (8.1%), and healthcare (7.6%), according to a report by Motilal Oswal Financial Services.

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1 min  |
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Financial Express Hyderabad

Tata Motors, Motherson to be hit by Trump tariff, says Moody's

THE PLANNED IMPOSITION of the claimed reciprocal tariffs on imports by the Donald Trump administration will impact Tata Motors and Samvardhana Motherson International (SAMIL), research and rating agency Moody's said on Monday.

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1 min  |
March 18, 2025