Nirma's new clothes: The journey of detergent brand towards healthcare

How Hiren Patel, founder Karsanbhai’s son, is reinvigorating Nirma by administering a shot of pharma. Illustration: Dominic Xavier/Rediff.com Nirma’s tryst with the pharmaceutical......

Nirma to tap into own funds, debt to buy Glenmark Life Sciences

Detergent to chemicals major Nirma Ltd is planning to tap into its own funds and raise debt to fund its Rs 5,652 crore acquisition of Glenmark Life Sciences. The firm has roped in BCG and KPMG to......

Nirma, 3 private equity firms in race to buy Glenmark Life Sciences

Ahmedabad-based Nirma group and leading private equity firms have joined the race to acquire BSE-listed Glenmark Life Sciences. Photograph: PTI Photo The acquisition by chemicals-to-cement major......

Walmart's $16 bn Flipkart buy is the biggest deal this year

Sachin Bansal, who had co-founded Flipkart with Binny Bansal in 2007, would exit the company US retailer Walmart's buying 77 per cent stake in Flipkart for $16 billion is the biggest acquisition......