Manufacturing
Belgium's Aliaxis to buy Poddar family's stake in joint venture
Belgium-based Aliaxis SA has agreed to acquire the 40% stake it doesn’t already own in joint venture Ashirvad Pipes Pvt. ......
Healthcare
Apollo Hospitals buys 50% stake in Lucknow hospital for $13.2 mn
Apollo Hospitals Enterprise Ltd said on Thursday it has acquired a 50% stake in Medics International Lifesciences Ltd, which operates ......
General
Vedanta mulls merger with Anglo American unit; Federal Bank eyes Madura Micro
Volcan Investments Ltd, the family trust of Vedanta Resources Plc. chairman Anil Agarwal, is exploring the merger of Anglo American ......
General
Everstone-Kenstar deal hits snag; ICICI Prudential MF told to refund investors
Private equity firm Everstone Capital’s plans to acquire Videocon group’s home appliances brand Kenstar have hit a roadblock due to ......
Manufacturing
TPG allows Flexituff four more years to redeem convertible bonds
TPG Growth, the middle-market and growth-equity platform of alternative asset firm TPG, has allowed Flexituff International Ltd more time to ......
People
In Charts: How a former SBI rookie turned the fortunes of IndusInd Bank
In January, the Reserve Bank of India allowed IndusInd Bank to extend managing director and chief executive Romesh Sobti's tenure ......
General
SEBI asks HDFC AMC to scrap pre-IPO placement; Cox & Kings mulls stake sale in PGL
The Securities and Exchange Board of India (SEBI) has directed HDFC Asset Management Co. Ltd to refund the money it ......
Manufacturing
IFC to invest $30 mn in Camlin Fine Sciences
International Finance Corporation (IFC) plans to invest up to $30 million (Rs 205 crore) in chemicals firm Camlin Fine Sciences ......
Manufacturing
Spanish promoter ups stake in Kedaara-backed Mahindra CIE for $70 mn
Spain’s CIE Automotive has picked up an additional 5% stake in its auto components joint venture with Mahindra Group for ......
TMT
Angel investors back parent of Frapperz following pivot to AI-based recruitment
NumeroSeven Technologies Pvt. Ltd has raised an undisclosed amount in angel funding after pivoting from home services to start an ......
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