Politics
Weakened Congress wondering if early elections will help
The Congress party is debating holding a general election in November, six months ahead of schedule, senior party leaders said, reflecting an internal discussion over whether to pull the plug on the shaky ruling coalition or have it serve a full term. Full Article
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MakeMyTrip announces acquisition of majority interest in ITC Group
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REUTERS - MakeMyTrip Ltd (MMYT.O):
- Announces acquisition of majority interest in ITC Group
-ITC Group comprises of International Tour Center Co. Ltd., ITC Bangkok co ltd. and ITC South Co. Ltd
-Paid $2.2 million to existing shareholders for sale of shares in ITC
group, paid $1 million for new shares in the group
-To buy remaining shares of ITC Group from existing shareholders in cash over earn-out period ending December 2016
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