Consumer
New Silk Route acquires majority stake in Mumbai-based café chain Moshe's
Private equity firm New Silk Route (NSR) has acquired a majority stake in Moshe’s, a Mumbai-based café and restaurant chain ......
Consumer
Leela and Kempinski part ways, ending 25-year-old alliance
Hotel Leelaventure Ltd, which owns and operates hotels under the brand Leela, and Kempinski Hotels have decided to part ways, ......
Others
News Roundup: Vodafone seeks nod to up stake in Indian arm for $2.7B
British telecom giant Vodafone is learnt to have applied to government for raising its stake in its Indian arm to ......
Consumer
Godrej Consumer to acquire 30% in hair salon chain B:blunt
Temasek-backed home grown FMCG firm Godrej Consumer Products Ltd (GCPL) has forayed into the hair salon segment with a deal ......
Manufacturing
Deal of the month: Emerson's acquisition of Pune-based Virgo Valves and Controls
Deal: American engineering giant Emerson's acquisition of Pune-based Virgo Valves and Controls Ltd, a leading manufacturer of ball valves and ......
General
RBI will issue seven banking licences, says finance minister
Finance Minister P Chidambaram has said the country’s banking regulator is expected to issue seven licences.According to reports, Chidambaram, who ......
Telecom
Tata Communications in talks to sell majority stake in Neotel to Vodacom
Tata Communications said on Monday that it is in talks with Vodacom to sell its majority holding in South African ......
Manufacturing
Apollo Tyres seeks to cut $2.5B Cooper deal value
Cooper Tire & Rubber Co has filed a complaint in Delaware Chancery Court, US against Apollo Tyres' arm to close ......
General
SEBI allows put-call options for M&A deals, investor's tag-along and drag-along rights
Securities market regulator Securities and Exchange Board of India (SEBI) has permitted put and call options in share transactions and ......
Others
News Roundup: PE firms eye 24% stake in Bombay Dyeing
At least three global private equity firms are in talks to acquire up to 24 per cent stake jointly in ......