Travel firm MakeMyTrip today said it would, along with its largest share holder SAIF Partners, pick up 76.6% stake for $18.5 million in Le Travenues Technology, which operates online travel search engine www.Ixigo.Com. MakeMyTrip will pick up 19.9% stake in Le Travenues for $4.8 million, private equity firm SAIF Partners will invest $13.7 million for 56.7% in the company, MakeMyTrip said in a statement. “We expect to complete this share acquisition in August 2011. We believe this investment has synergies with and benefits our online travel business,” the company said. The share purchase agreement with Gurgaon-based Le Travenues Technology was entered into on July 4, 2011. […]

After failure of Singh brothers in taking over Singapore-based Parkway, Fortis Healthcare International, a family outfit of Malvinder Mohan Singh and Shivinder Mohan Singh, announced sixth investment in eight months in its quest to become a leading integrated healthcare provider in Asia Pacific region. On Wednesday, the company announced 65 per cent stake purchase in Vietnam's Hoan My Medical Corporation for $64 million (Rs 288 crore). The Hoan My Hospitals acquisition provides Fortis with access to Indo-China region where healthcare services sector offers significant growth opportunities. In last eight months, Fortis Healthcare International has acquired the largest private primary care company in Hong Kong (Quality Healthcare Asia), the largest dental care company in Australia (Dental), a specialty hospital project in Singapore (under-construction) and a strategic stake in an existing hospital in Sri Lanka (Lanka Hospitals). […]