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Greaves Cotton to acquire Ratan Tata-backed electric vehicle maker Ampere

Manufacturing

29 August, 2018

Greaves Cotton to acquire Ratan Tata-backed electric vehicle maker Ampere

Engineering company Greaves Cotton Ltd has signed definitive agreements to acquire a majority stake in electric two-wheeler maker...

How to make the most of investment opportunities in stressed assets

Manufacturing

28 August, 2018

How to make the most of investment opportunities in stressed assets

The stressed assets segment has been drawing interest from many global investors as a large number of cases are getting ......

PE-backed Craftsman Automation gets SEBI nod for IPO

Manufacturing

27 August, 2018

PE-backed Craftsman Automation gets SEBI nod for IPO

Automobile and industrial parts maker Craftsman Automation Pvt. Ltd has received a green signal from the Securities and Exchange...

Shell to acquire Total's stake in Hazira LNG terminal

Infrastructure

27 August, 2018

Shell to acquire Total's stake in Hazira LNG terminal

Royal Dutch Shell Plc said on Monday it has agreed to acquire the 26% stake it doesn’t already own in ......

WestBridge consortium to acquire PE-backed insurer Star Health

Finance

18 August, 2018

WestBridge consortium to acquire PE-backed insurer Star Health

A consortium of private equity firms WestBridge Capital, Madison Capital and stock market investor Rakesh Jhunjhunwala has agreed...

Axiata takes $810 mn impairment hit on Idea Cellular investment

TMT

17 August, 2018

Axiata takes $810 mn impairment hit on Idea Cellular investment

Malaysia’s Axiata Group Berhad said on Friday it will recognise a non-cash impairment charge of 3.33 billion ringgit ($810...

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Apax bets on another Indian home finance company

Finance

17 August, 2018

Apax bets on another Indian home finance company

Global private equity firm Apax Partners, which had gone slow for two years in sewing deals in the country but ......

Will Project Sashakt help expedite resolution of stressed assets?

Finance

16 August, 2018

Will Project Sashakt help expedite resolution of stressed assets?

About two dozen Indian banks have signed inter-creditor agreements as part of Project Sashakt, a five-pronged framework aimed at fast-tracking ......

True North to buy Glenmark's orthopaedic and pain management biz

Healthcare

11 August, 2018

True North to buy Glenmark's orthopaedic and pain management biz

Private equity firm True North (formerly known as India Value Fund Advisors) has inked a deal to buy Glenmark Pharmaceuticals...

HDFC Bank's deputy MD Paresh Sukthankar resigns

Finance

10 August, 2018

HDFC Bank's deputy MD Paresh Sukthankar resigns

Paresh Sukthankar, deputy managing director at HDFC Bank, has resigned from the private-sector lender....