December 13, 2016 | Ankit Doshi
Tata Sons Ltd acquired 5 crore Tata Motors Ltd shares on Tuesday, representing a 1.73% stake, that could prove crucial ahead of the extraordinary general meeting scheduled on 22 December to vote-out Cyrus Mistry and Nusli Wadia as directors.
December 09, 2016 | Ranjani Raghavan
Drugmaker Strides Shasun Ltd said on Friday it has agreed to acquire Perrigo API India Pvt Ltd for Rs 100 crore ($14.8 million) in cash.
December 08, 2016 | Joseph Rai
Education-focused publishing house S Chand & Company Pvt. Ltd has picked up a majority stake in Kolkata-based publisher Chhaya Prakashani Pvt. Ltd in its third takeover deal.
December 08, 2016 | Bruhadeeswaran R
The inability to tap private equity investors by fund-starved small- to medium-sized microfinance companies (MFIs) has created a market full of attractive targets for banks and non-banking financial companies (NBFCs) which are seeking new avenues of growth as well as trying to tide over the compe
December 07, 2016 | PTI
A Tata Steel subsidiary has sold its tug services firm to Adani Ports and Special Economic Zone (APSEZ) for Rs 106 crore in an all-cash deal.
December 07, 2016 | TEAM VCC
Electrical equipment maker Crompton Greaves Ltd said on Wednesday it has terminated a pact to sell its international power business to US private equity firm First Reserve International Ltd.
December 07, 2016 | PTI
Adani Transmission has entered into a definitive share-purchase pact with Reliance Infrastructure for acquiring power transmission assets of 3,100 circuit km at an enterprise value of Rs 1,000 crore.
December 07, 2016 | Debjyoti Roy
Vini Cosmetics promoter Darshan Patel has picked up a majority stake for an undisclosed amount in Noida-based Soothe Healthcare Pvt. Ltd, the firm behind Paree brand of sanitary napkins.
December 05, 2016 | PTI
Mahindra & Mahindra today said its subsidiary has inked a pact to acquire up to 60 per cent stake in Netherlands-based OFD Holding BV for 5 million euros.
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).