December 02, 2016 | Maulik Vyas & Bruhadeeswaran R
Mysore Minerals Ltd (MML), a government of Karnataka undertaking, has hired a financial advisor to run the process of merging the firm with Mysore Lamp Works Ltd (MLW), a listed government firm, both of which have their registered offices in Bangalore, three persons close to the development told
December 02, 2016 | Joseph Rai
Advanced Enzyme Technologies Ltd, which made a blockbuster listing earlier this year, said it has completed the acquisition of a 70% stake in bulk drugs maker JC Biotech Pvt Ltd for Rs 50.08 crore ($7.3 million).
December 01, 2016 | Joseph Rai
Healthcare solutions provider Indegene Pvt. Ltd has bought US-based Encima Group in its third acquisition within a year.
The deal will help Indegene strengthen its analytics and omni-channel digital solutions capability for the pharmaceutical industry, the company said in a statement.
December 01, 2016 | TEAM VCC
Wipro Ltd has decided to sell its energy management services division to a unit of United Technologies Corp (UTC), as India’s third-largest software services exporter sheds non-core businesses to focus on its main IT operations.
November 30, 2016 | Ranjani Raghavan
Fairfax Holdings-backed Quess Corp. has agreed to acquire the facility management and catering business of Manipal Integrated Services Pvt. Ltd (MIS), the company told the stock exchange.
November 30, 2016 | TEAM VCC
Tata Power Company Ltd has signed a revised pact to sell its stake in an Indonesian mine and related trading and infrastructure companies at a price nearly a fifth lower than the original deal.
November 30, 2016 | PTI
IT services firm Cognizant will acquire privately-held Mirabeau BV, a digital marketing and customer experience agency, for an undisclosed amount.
November 29, 2016 | Ankit Doshi
Billionaire industrialist Analjit Singh has hiked holding in Max Ventures and Industries Ltd (MVIL) through a secondary market transaction after an open offer to raise stake in the firm failed early this year.
November 29, 2016 | Bruhadeeswaran R
Dish TV India Ltd said on Tuesday its promoter Essel Group will buy about 5% additional stake from the Dhoot family in the company to be created after its merger with Videocon d2h Ltd.
The purchase will take Essar Group’s stake in Dish TV Videocon Ltd to about 41% from 36%.
November 28, 2016 | TEAM VCC
Tata Steel Ltd said on Monday it has agreed to negotiate the potential sale of its UK speciality steel business to Liberty House Group for £100 million ($124 million or Rs 853 crore) including debt.
November 28, 2016 | Ranjani Raghavan
Hyderabad-based Dr Reddy’s Laboratories Ltd is acquiring non-banking financial company Imperial Credit Pvt. Ltd, as per a note by the Foreign Investment Promotion Board (FIPB).
November 25, 2016 | Joseph Rai
Drugmaker Strides Shasun Ltd said on Friday it will buy Sweden-based Moberg Pharma's paediatric brand – PediaCare – for $5 million as the company aims to expand its consumer healthcare portfolio.
November 25, 2016 | Ranjani Raghavan
Drugmaker Aurobindo Pharma Ltd said on Friday its French unit Arrow Generiques SAS has signed a pact to acquire select commercial products in France from Israel-based Teva Pharmaceutical Industries Ltd.
November 24, 2016 | Arti Singh
Online pharmacy Netmeds.com has acquired Delhi-based hyperlocal drugs delivery app Pluss in a deal that will help it expand its operations in northern India and better compete with Sequoia Capital-backed rival 1mg.
November 24, 2016 | Bruhadeeswaran R
Bangalore-based Manjushree Technopack Ltd said on Thursday it has acquired Delhi-headquartered packaging firm Varahi Ltd for an undisclosed amount to increase its production capacity and client base.
November 24, 2016 | Debjyoti Roy
Billionaire industrialist Mukesh Ambani has sold his entire stake in Hindi entertainment channel Epic TV to its other co-founder Anand Mahindra, the MD at Mahindra Group, for an undisclosed amount.
November 24, 2016 | Deepti Chaudhary
Nasdaq-listed Ctrip.com International Ltd, which provides travel services including accommodation reservation, transportation ticketing, packaged tours and corporate travel management, has agreed to acquire global travel search site Skyscanner Holdings Ltd, for nearly £1.4 billion ($1.74 billion)
November 23, 2016 | PTI
Tata group's agro-chemical firm Rallis India will acquire an additional 26.37 per cent stake in its arm Zero Waste Agro-Organics for nearly Rs 20 crore, making the company a wholly-owned subsidiary.
November 23, 2016 | Ranjani Raghavan
Tulip Diagnostics Pvt. Ltd, a Goa-based in vitro diagnostics company, is in advanced talks to sell a majority stake in itself to an overseas strategic player, two people familiar with the development told VCCircle.
November 23, 2016 | Joseph Rai
Drugmaker Cipla Ltd has sold its entire stake in the US-based Chase Pharmaceuticals to a unit of Allergan Plc, making handsome returns from its investment of a little more than two years.