People
Avendus Capital names Puneet Renjhen executive director of investment banking
Financial services firm Avendus Capital said on Monday it has appointed former Standard Chartered employee Puneet Renjhen as executive director ......
Manufacturing
Ballarpur to sell Malaysian unit Sabah Forest for $310 mn
Paper maker Ballarpur Industries Ltd has signed a pact to sell Malaysian unit Sabah Forest Industries Sdn Bhd, its second ......
Manufacturing
Finland's Metso to acquire valve automation division from Rotex in India
Finnish industrial machinery company Metso said on Wednesday it will acquire the valve automation division of Indian valve technology company ......
Infrastructure
Macquarie raises $3.3 bn for second Asian infrastructure fund
Australia’s Macquarie Group Ltd said on Tuesday its Macquarie Infrastructure and Real Assets (MIRA) division has closed its second Asian ......
Finance
PE firms to generate neat returns as Ebix buying Centrum's forex biz for $175 mn
Centrum Capital Ltd has agreed to sell its foreign exchange unit to US-based software firm Ebix Inc. in a transaction ......
Manufacturing
JSW Steel, NuMetal submit joint bid for Essar Steel
Billionaire Sajjan Jindal-led JSW Steel Ltd said on Monday it has submitted a joint bid with Nu Metal and Steel ......
Infrastructure
ReNew Power gets CPPIB backing to acquire Actis' green energy platform Ostro
ReNew Power Ventures Pvt. Ltd will acquire rival Ostro Energy Pvt. Ltd from private equity firm Actis, striking the largest ......
Manufacturing
JSW Steel to acquire US mill Acero Junction for $81 mn
Billionaire Sajjan Jindal-led JSW Steel Ltd has agreed to acquire US-based steel mill owner Acero Junction Holdings Inc. for up ......
Manufacturing
UltraTech gets CCI nod for Binani Cement bid; Dalmia Bharat retorts
UltraTech Cement Ltd on Wednesday said that it has obtained the Competition Commission of India's approval for its $1.1 billion ......
TMT
Hinduja Global to acquire US-based AxisPoint Health for $14 mn
A US subsidiary of business process management company Hinduja Global Solutions Ltd has agreed to acquire population health management company ......
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