Flipkart Acquires eBay India to Take On Global Gaints Amazon Inc

Flipkart has announced the acquisition of eBay India unit in an all-cash deal and decided to keep it as a separate entity as part of its game plan to compete with its Indian ecommerce arch-rival Amazon. Flipkart’s eBay acquisition will give access to C2C ecommerce market globally. The deal comes as a part of Flipkart’s …

Tech Mahindra to Acquire US Healthcare IT Services CJS Solutions Group for $110 Million

Tech Mahindra Ltd., a specialist in digital transformation, consulting and business reengineering today announced that it has signed a definitive agreement to acquire CJS Solutions Group LLC, a US-based healthcare Information Technology consulting company which does business as (DBA) “The HCI Group.” Headquartered in Jacksonville, Florida, The HCI Group works with some of the world’s …