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M&A

ONGC, HPCL buy out state-run banks from Petronet MHB

Infrastructure

27 February, 2020

ONGC, HPCL buy out state-run banks from Petronet MHB

Oil & Natural Gas Corp and its unit Hindustan Petroleum Corp have struck a deal to acquire the 34.56% they ......

Sequoia-backed Freshworks acquires AI startup AnsweriQ

TMT

27 February, 2020

Sequoia-backed Freshworks acquires AI startup AnsweriQ

Software-as-a-service firm Freshworks Inc has acquired US-based AnsweriQ Inc, a provider of intelligent automation for customer...

Sonata Software to pick up stake in logistics-tech startup SemiCab

TMT

25 February, 2020

Sonata Software to pick up stake in logistics-tech startup SemiCab

Sonata Software Ltd has decided to acquire a stake of up to 17% in SemiCab Inc., a US-based startup that ......

Lumax Auto to snap up OK Play Group's auto component business

Manufacturing

25 February, 2020

Lumax Auto to snap up OK Play Group's auto component business

Automotive components maker Lumax Auto Technologies Ltd has agreed to acquire the rotational moulded plastic business of New Delhi-based...

Tech Mahindra to acquire AI, machine learning firm Zen3 Infosolutions

TMT

25 February, 2020

Tech Mahindra to acquire AI, machine learning firm Zen3 Infosolutions

Tech Mahindra Ltd has agreed to acquire US-based Zen3 Infosolutions (America) Inc. and its Indian unit for up to $64 ......

Bharti Infratel, Indus Towers extend merger deadline again

TMT

24 February, 2020

Bharti Infratel, Indus Towers extend merger deadline again

A planned multi-billion-dollar merger between telecom tower companies Bharti Infratel Ltd and Indus Towers Ltd has been delayed...

KEC buys power transmission tower factory in Dubai

Infrastructure

24 February, 2020

KEC buys power transmission tower factory in Dubai

KEC International Ltd, an RPG Group company, said it has acquired a Dubai-based automated transmission tower manufacturing facility...

Axis Bank mulls deeper tie-up with Max Life, may hike stake

Finance

21 February, 2020

Axis Bank mulls deeper tie-up with Max Life, may hike stake

Axis Bank, the country’s third-largest private-sector lender, said on Thursday it is exploring a long-term strategic partnership...

France's ADP outbids Tata, GIC, SSG consortium to seal GMR Airports deal

Infrastructure

21 February, 2020

France's ADP outbids Tata, GIC, SSG consortium to seal GMR Airports deal

Nearly a year after a consortium comprising Tata Group, private equity investor SSG Capital and Singapore’s GIC agreed to...

Unilazer Ventures-backed Easypolicy absorbs insurance aggregator Quickbima

TMT

18 February, 2020

Unilazer Ventures-backed Easypolicy absorbs insurance aggregator Quickbima

Insurance web aggregator Easypolicy, backed by Unilazer Ventures, has merged peer company Quickbima with itself. The combined...

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