FORTIS STAKE SALE: Key Milestones

May 2017: IHH Emerges Frontrunner, Pipping TPG-GA

May 2017: IHH Exits Apollo, Gets $290 Mn For 11% Stake

June 2017: IHH-Fortis Begin Exclusive Negotiations For Sale

June 21: Daiichi Sankyo Moves Court To Block Sale

June 22: Delhi HC Clears Stake Sale But With Riders

June 23: IHH Official Note Says Co Not Looking At Any Transaction

DEAL FAILS

IHH Pulls Out Of Fortis Deal Over Daiichi Scare

Delhi HC Had Allowed Singh Brothers To Sell Stake With Riders

MINDTREE

Board To Consider Buyback Of Equity Shrs On June 28

Mindtree Has Net Cash Of Rs 730 Cr On BS

Rs 44/Share Which Is 8.4% Of Market Cap

Co To Buy 3% Of Outstanding Shrs, If It Spends Rs 300 Cr For Buyback At Rs 600/Shr

TECH MAHINDRA

GST Call Centres To Go Live On June 25

GSTN Partners With Infosys & Co For Call Centers

RIL: Economic Times Reports

Co, BP Withdraw Gas Price Arbitration Against Govt

Paves Way To Claim Premium Price For Output From Deep-Sea Fields

Plans To Invest Rs 40,000 Cr

This Is Second Case Of Arbitration Withdrawn

WOCKHARDT

Co, Arms Settle Price Dispute With Teva Pharma In UK

Arm Waives Off 20 Mn GBP Claim From Teva Pharma

Arm Paid 23 Mn GBP To Teva Pharma As Full Settlement