May 28, 2016 | TEAM VCC
Software services firm Tech Mahindra Ltd has agreed to acquire the UK-based fintech firm Target Group in an all-cash deal valued up to £120 million ($175 million or Rs 1,175 crore) including debt to boost its offerings in the banking and financial services segment.
May 27, 2016 | Anuradha Verma
Mumbai-based RPG Life Sciences Ltd, an integrated pharmaceutical firm operating in the domestic and international markets in the branded formulations, global generics, synthetic and fermentation APIs space, has decided to offload its biotech unit to Intas Pharmaceuticals Ltd for Rs 25 crore (over
May 26, 2016 | Anuradha Verma
IL&FS Transportation Ltd (ITNL) has signed an agreement with MAIF Investment, which is part of Australia’s Macquarie Group Ltd, to dilute its stake in special purpose vehicle (SPV) Gujarat Road and Infrastructure Company Ltd (GRICL) for Rs 109.78 crore, as per a stock market disclosure.
May 25, 2016 | TEAM VCC
Dr. Reddy's Laboratories Ltd has acquired a portfolio of half a dozen over-the-counter (OTC) drug brands from American drugmaker Ducere Pharma to enter the branded consumer health business in the US, it said on Wednesday.
It did not disclose the deal amount.
May 24, 2016 | Anuradha Verma
German pharmaceutical and chemicals giant Bayer AG has made a $62 billion offer to buy US-based seed conglomerate Monsanto Co, in one of the largest takeover bids by a German firm and the biggest all-cash acquisition offer on record.
May 24, 2016 | Debjyoti Roy
Hyderabad-based Heritage Foods Ltd has agreed to acquire assets of Teja Dairy in Raichur district of Karnataka, it said in a stock market disclosure.
May 23, 2016 | PTI
Formal bids for Tata Steel's loss making UK assets are set to be finalised on Monday, with a shortlist being drawn up in next few days and UK business secretary Sajid Javid set to fly out to Mumbai to hold talks with the Indian conglomerate to discuss the final bids.
May 23, 2016 | Disha Sharma
TVS Automobiles Solutions Ltd, which operates a multi-brand car servicing chain under the MyTVS brand, has picked up a majority stake in automobiles accessories portal Jazzmyride.com in a deal that gives it a toehold in the e-commerce segment.
May 20, 2016 | Manu P Toms
The boutique investment and advisory services firm MentorCap Management Pvt Ltd, chaired by Shailesh Haribhakti, has begun picking stakes in privately-held small and medium companies.
May 19, 2016 | Anuradha Verma
Telecom and IT products distributor Redington (India) Ltd has raised its stake in Turkish company Linkplus Bilgisayar Sistemleri Sanayi ve Ticaret AS to 80% from 70% for $1.15 million (about Rs 7.7 crore).
May 19, 2016 | TEAM VCC
Tata Communications Ltd will sell a majority stake in its data centre business to Singapore Technologies Telemedia for about $635 million including debt, as it joins other Tata Group companies selling overseas assets to cut borrowings and consolidate operations.
May 18, 2016 | TEAM VCC
Indian Hotels Company Ltd has decided to sell the Taj Boston hotel, in the latest planned sale by the diversified Tata Group as it sheds loss-making assets.
May 17, 2016 | TEAM VCC
Jiangsu Longzhe Technology and Trade Development Co Ltd has offered to invest $125 million (about Rs 825 crore) in Diamond Power Infrastructure Ltd, the Indian electrical-equipment maker said.
May 16, 2016 | Joseph Rai
Shanghai Fosun Pharmaceutical (Group) Co Ltd said on Monday it has made a non-binding offer to acquire Gland Pharma Ltd, an Indian drugmaker part-owned by private equity giant KKR & Co.
May 14, 2016 | Anushree Bhattacharyya
Journalist and managing editor of The Mobile Indian Sandeep Budki has bought the news website owned by Banyan Netfaqs Pvt. Ltd, a Delhi-based digital news company.
May 13, 2016 | Joseph Rai
Piramal Enterprises Ltd said on Friday it has agreed to purchase four brands from drugmaker Pfizer Ltd for Rs 110 crore ($16.5 million), making this the billionaire Ajay Piramal-led company’s third acquisition in the consumer healthcare segment in the past six months.
May 13, 2016 | Anuradha Verma
Kolkata-based power transformer maker Marsons Ltd has agreed to acquire a considerable equity stake in a Dubai-based trading company for about $5 million, as per a stock market disclosure.
May 12, 2016 | Anushree Bhattacharyya
Discovery Communications India Pvt. Ltd—which is part of Discovery Communications, Inc that offers non-fiction TV programmes through more than 50 channels—has agreed to acquire a majority stake in Turmeric Vision Pvt. Ltd, which runs food channel Food Food, it said in a statement.
May 11, 2016 | Debjyoti Roy
Bangalore-based education startup FitKids said on Wednesday it has acquired ThinkLABS, a science and technology education provider, for an undisclosed amount.
The company funded the all-cash deal from internal resources, FitKids said in a statement.
May 11, 2016 | Nishant Sharma
Chennai-based on-demand chauffeur provider DriversKart has acquired Mumbai-headquartered rival Driven to expand its network, in the second acquisition in the nascent but growing segment.