Metropolis Healthcare buys Hitech Diagnostic for Rs 511 cr

Mumbai-based diagnostic services provider Metropolis Healthcare today announced that it has agreed to buy Chennai-based Hitech Diagnostic Center for a cash consideration of Rs 511 cr. Hitech promoters will invest in Metropolis as part of the deal. Metropolis did not specify the price at which it would allot the 4.95 lakh shares that it will […]

Bharti Infratel becomes Indus Tower on Friday

Bharti Infratel, the tower company spun out of Bharti Airtel, said it will change its name and ticker to Indus Tower on Friday, Dec 18. The name and stock ticker will come into effect on India’s major stock exchanges, including the NSE, on that day. The new ticker will be INDUSTOWER. The merger, originally designed […]