Infosys reports a 30% jump in Q4 net profit and acquires a German tech company for Rs 450 million. Read more about the latest updates from Infosys here.
There is a buzz again that Cipla is toying with the idea of selling out to private-equity firms Baring Asia and Blackstone, at least partially, if not seeking a full exit. In this episode of The Morning Brief, Vikas Dandekar, Editor - Pharma and Life Sciences at ET Prime, walks down memory lane with host Anupriya Nair. Also discussed in this episode is, why the speculated Cipla sale is not a mere M&A deal and what could be on the mind of founder Yusuf Hamied. But emotions aside, do the valuations add up to excite investors? ET s Arijit Barman gives us the buzz from the deal makers. Listen in!
Swiss bank and financial services company UBS, which has been conducting the acquisition of the Credit Suisse bank, said on Wednesday that it had appointed the chairman of the Swiss Re insurance company, Sergio Ermotti, as the group s chief executive officer starting from April 5.