October 18, 2016 | Debjyoti Roy
Billionaire Analjit Singh-led Piveta Estates has acquired a 51% stake in Riga Foods, which operates a chain of Italian-cuisine restaurants in Delhi-NCR, for an undisclosed amount.
October 17, 2016 | Debjyoti Roy
European catering giant Compass Group PLC is in an early stage of discussions to acquire a leading south Indian corporate catering firm, a person privy to the development told VCCircle.
October 17, 2016 | Dearton Thomas Hector
Online baby products retailer FirstCry has agreed to acquire auto-to-software conglomerate Mahindra & Mahindra Ltd’s baby-care business BabyOye in a cash-and-stock deal that will help it consolidate its presence in the growing segment through an omni-channel strategy.
October 17, 2016 | Binu Paul
Media industry veteran Ronnie Screwvala’s education-technology startup UpGrad has acqui-hired Pyoopil Education Technologies Pvt. Ltd, marking its entry into the corporate training space, it said in a statement.
October 17, 2016 | Ranjani Raghavan
Some more Indian pharma firms may end up buying the remaining bits of Teva Pharmaceuticals’ products across the European Economic Area (EEA) region, two people familiar with the transaction told VCCircle.
October 10, 2016 | Joseph Rai
Diversified conglomerate ITC Ltd said it will sell its entire 100% stake in its US-based wholly-owned subsidiary King Maker Marketing, which supplies premium quality cigarettes, for about $24 million (Rs 160 crore).
October 10, 2016 | ARTI SINGH AND SWET SARIKA
RechargeItNow, an NCR-based online recharge platform, which till four years ago was considered the market leader in the sector, is looking for a strategic partner.
October 10, 2016 | TEAM VCC
Ajay Piramal-led Piramal Enterprises Ltd has sealed a deal to buy a clutch of products from Janssen Pharmaceutica NV for up to $175 million, it said on Monday. It joins other Indian pharma companies like Lupin, Cipla and Intas that have inked big overseas deals abroad in the last one year.
October 08, 2016 | Keshav Sunkara
The week saw three large M&A deals led by the first acquisition of a British unit by an Indian company since Brexit.
October 07, 2016 | Disha Sharma
Women-focussed career platform Sheroes has acquired Gharkamai.com, an online platform which helps stay-at-home professional women find work, for an undisclosed amount.
October 07, 2016 | PTI
ABG Shipyard has decided to divest its subsidiary Western India Shipyard Ltd and will invite bids from prospective investors.
The decision was taken in the meeting of the board of directors of the company held today.
October 07, 2016 | Rounak Kumar Gunjan
The consolidation in the Indian clean energy space continues with Wind World (India) Ltd (WWIL), exploring the sale of 202.4 megawatt (MW) wind power projects.
October 06, 2016 | TEAM VCC
CK Birla group firm Orient Cement Ltd has struck twin deals with Jaiprakash Associates Ltd to buy its majority stake in a joint venture with Steel Authority of India Ltd (SAIL) and a grinding unit from another group firm to expand to other regions.
October 06, 2016 | Binu Paul
Online office supplies startup Zoffio.com, founded by the scions of the Kamani family that owns the luxury hospitality brand Zuri Group Global, has been sold to a Chinese firm for an undisclosed amount after operating for nearly three years, a company spokesperson told Techcircle.
October 06, 2016 | Ranjani Raghavan
Indian pharmaceuticals giant Cipla Ltd that has scaled down its business in China over the last three-four years even as it has been aggressively looking at overseas acquisitions is now relooking at its strategy.
October 05, 2016 | TEAM VCC
World’s largest generic drugmaker Teva Pharmaceutical Industries Ltd said on Wednesday it has agreed to sell assets and operations of Actavis Generics in the UK and Ireland to Intas Pharmaceuticals Ltd, for £603 million ($769 million or Rs 5,117 crore).
October 05, 2016 | PTI
Air Costa is at "advanced stages" of discussions with foreign carriers, including those from the Gulf, for a possible stake sale, as the Vijayawada-based airline seeks to spread its wings after securing flying permit for pan-India operations.
October 05, 2016 | TEAM VCC
Adani Transmission Ltd has signed a binding term sheet to acquire Reliance Infrastructure Ltd’s (R-Infra) stake in three power transmission projects, which would strengthen its position as a top private player in the business.
October 04, 2016 | Bruhadeeswaran R
Mumbai-based JCB Salons Pvt. Ltd is acquiring two companies—hair solutions specialist Trica Hair Clinic and home service brand The Home Salon—to enhance its offerings.
October 04, 2016 | Joseph Rai
Dairy products manufacturer Anik Industries Ltd that completed the sale of its dairy business to Lactalis last month, said it will invest up to Rs 140 crore (around $21 million) in the proposed hospitality-cum-mixed-use project of Revera Milk and Foods Pvt. Ltd.