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Granules to acquire 12.5% stake in US pharma firm

Healthcare

14 July, 2016

Granules to acquire 12.5% stake in US pharma firm

Granules Pharmaceuticals, a wholly owned subsidiary of Hyderabad-based Granules India, has agreed to acquire 12.5% stake in US-based development-stage pharmaceuticals ......

Yatra.com to list on NASDAQ via reverse merger with US-based blank cheque firm

Technology

14 July, 2016

Yatra.com to list on NASDAQ via reverse merger with US-based blank cheque firm

Online travel agency (OTA) Yatra has entered into a reverse merger agreement with US-based special purpose acquisition ......

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Nalanda Capital almost exits Carborundum with average returns

Manufacturing

13 July, 2016

Nalanda Capital almost exits Carborundum with average returns

Nalanda Capital, an India-focused PE-style investor in public equities, has sold bulk of its holding in Murugappa Group's abrasives company ......

Kotak PE-backed Advanced Enzyme eyes $300 mn valuation in IPO

Healthcare

13 July, 2016

Kotak PE-backed Advanced Enzyme eyes $300 mn valuation in IPO

Advanced Enzyme Technologies Ltd is seeking a valuation of as much as Rs 2,000 crore ($300 million) through an initial ......

L&T Infotech IPO oversubscribed more than 10 times on final day

TMT

13 July, 2016

L&T Infotech IPO oversubscribed more than 10 times on final day

The initial public offering of L&T Infotech Ltd, the technology services arm of engineering giant Larsen & Toubro Ltd, received ......

Indian Hotels inks deal to sell Taj Boston for $125 mn

Consumer

13 July, 2016

Indian Hotels inks deal to sell Taj Boston for $125 mn

Indian Hotels Company Ltd said on Wednesday it has agreed to sell its Taj Boston hotel in the US to ......

Brookfield raises largest $14 bn infrastructure fund

General

13 July, 2016

Brookfield raises largest $14 bn infrastructure fund

Brookfield Asset Management Inc. has raised $14 billion for a new infrastructure fund that exceeded its target by 40%, the ......

Office space absorption up 46% in Q2: CBRE

Infrastructure

12 July, 2016

Office space absorption up 46% in Q2: CBRE

The office space absorption across the top realty markets of India was over 10.2 million sq ft in the quarter ......

Retail inflation quickens to 22-month high; factory output rebounds

General

12 July, 2016

Retail inflation quickens to 22-month high; factory output rebounds

India’s retail inflation accelerated for a third consecutive month in June to a 22-month high as food prices continued to ......

Quess Corp shares jump 57% on listing

General

12 July, 2016

Quess Corp shares jump 57% on listing

Fairfox-controlled business services provider Quess Corp Ltd made a stellar debut on stock exchanges on Tuesday with its shares surging ......