January 16, 2017 | Bruhadeeswaran R
The Securities and Exchange Board of India (SEBI) has revised the regulatory framework governing mergers and acquisitions by putting in place norms to improve disclosure and ensure larger participation of public shareholders.
January 16, 2017 | Joseph Rai
Staffing firm TeamLease Services Ltd has agreed to acquire Bengaluru-based Keystone Business Solutions Pvt.
January 13, 2017 | Dearton Thomas Hector & Manu P Toms
Online baby care retailer FirstCry is in talks with parenting platform mycity4kids for an acquisition, a person close to the development told Techcircle.in.
January 12, 2017 | Joseph Rai
Domestic hospitality major Sarovar Hotels & Resorts will sell a majority stake to Europe-based Louvre Hotels Group, which is part of Chinese Group Jin Jiang International, a statement said on Thursday.
January 12, 2017 | Joseph Rai & Bruhadeeswaran R
Samara Capital Management Ltd, which is investing out of its second fund, has engaged an investment banking firm to scout for a strategic buyer for one of its healthcare portfolio firms, two persons aware of the development told VCCircle.
January 12, 2017 | Bruhadeeswaran R
JSW Cement Ltd, part of the billionaire Sajjan Jindal-led JSW Group, has made an open offer to acquire a 32% stake in Shiva Cement Ltd from public shareholders as part of a plan to buy a controlling stake in the Odisha-based company.
January 12, 2017 | Binu Paul & Manu P Toms
Bangalore-based ed-tech startup Byju’s, incorporated as Think & Learn Pvt. Ltd, is scouting for acquisitions in the US to accelerate its international expansion. The company is evaluating a couple of gaming and learning apps that cater to the lower grades, starting from kindergarten.
January 12, 2017 | Manu P Toms
WNS Ltd, a Nasdaq-listed and Mumbai-headquartered business process management (BPM) company, has sealed a deal to acquire US-based Denali Sourcing Services for $40 million. WNS said it would fund the acquisition, its third-biggest ever, through long-term debt.
January 11, 2017 | Bruhadeeswaran R
Payments bank applicant FINO PayTech Ltd has closed Rs 400 crore in primary funding following the latest tranche of capital from ICICI Prudential Life Insurance and general insurer ICICI Lombard even as it awaits regulatory approval to launch the payments bank before early April, said a top compa
January 11, 2017 | Disha Sharma
Arvato CRM Solutions, a global customer relationship management company and subsidiary of German conglomerate Bertelsmann, has acquired Bengaluru-based IT and analytics company Ramyam Intelligence Lab Pvt. Ltd, Arvato said in a statement on Wednesday.
January 10, 2017 | Subhabrata Dasgupta
Ailing regional airline Air Pegasus has agreed to sell a majority stake to peer Flyeasy, as the carrier looks to resume operations that it had suspended last year due to a cash crunch.
January 10, 2017 | Joseph Rai
US-based PerkinElmer, Inc. on Tuesday said it has agreed to acquire in vitro diagnostics (IVD) company Tulip Diagnostics Pvt. Ltd for an undisclosed amount.
January 10, 2017 | Varun Arora
Mumbai-based MJVS Fashion Services Pvt Ltd, which operates used-apparel reselling platform CoutLoot, has acquired Bengaluru-based Stororo Services Pvt Ltd, for an undisclosed amount. Stororo runs fashion and apparel portal for sellers Once Again Store.
January 10, 2017 | Bruhadeeswaran R
New York Life Insurance Company is acquiring a significant minority stake in Max Ventures and Industries Ltd (MaxVIL), the newest entity in the Max Group that was formed after the restructuring of Max India in 2016.
January 10, 2017 | Manu P Toms
Online real estate brokerage PropTiger.com and property listing portal Housing.com will merge in an all-stock deal that quickens the pace of consolidation in the sector.
January 10, 2017 | Reuters
E-commerce firm Alibaba Group Holding Ltd and the founder of Intime Retail Group Co Ltd have jointly bid to take the Chinese department store operator private for HK$19.79 billion ($2.55 billion), the partners said on Tuesday.
January 09, 2017 | Reuters
McDonald's Corp has agreed to sell the bulk of its China and Hong Kong business to state-backed conglomerate CITIC Ltd and Carlyle Group LP for up to $2.1 billion, seeking to expand rapidly without using much of its own capital.
January 09, 2017 | Joseph Rai
Stellar Value Chain Solutions Pvt Ltd, a third-party logistics company floated last year by former chief of Kishore Biyani-led Future Supply Chains Solutions Ltd, on Monday said it has acquired a majority stake in cold chain firm Kelvin Cold Chain.
January 09, 2017 | Debjyoti Roy
Mumbai-based nutraceuticals ingredients company OmniActive Health Technologies Ltd has acquired a majority stake in fragrance and specialty chemical manufacturer Indfrag Ltd.
January 09, 2017 | TEAM VCC
Online property broker PropTiger and SoftBank-funded realty portal Housing.com are in the final leg of talks to ink a merger that may be announced as early as this week, two persons aware of the development told Techcircle.