M&A
Infrastructure
Reliance Infrastructure in talks with Adani to sell Mumbai power business
Industrialist Anil Ambani’s Reliance Infrastructure Ltd is in talks with billionaire Gautam Adani-led Adani Transmission Ltd to sell its power ......
Infrastructure
Tata Group chairman says keen to bid for Air India
India’s Tata conglomerate is interested in bidding for state-owned Air India as the group needs to increase the sizes of ......
Manufacturing
Indian Oil says willing to acquire GAIL or Oil India
Indian Oil Corp is willing to buy state-owned GAIL (India) Ltd or Oil India Ltd, the company’s head of finance, ......
Manufacturing
Jindal Steel sells oxygen plants to Srei Equipment for $171 mn
Debt-laden Jindal Steel & Power Ltd (JSPL) has sold oxygen plant assets at two of its steel mills to Kolkata-based ......
Healthcare
Sunshine Global Hospitals sells asset, hires banker for fundraising
Baroda Medicare Pvt. Ltd, which runs a chain of hospitals in Gujarat under the brand Sunshine Global Hospitals, has sold ......
TMT
Zee Entertainment to acquire 9X Media; ends JV with Turner
Media tycoon Subhash Chandra-led Zee Entertainment Enterprises Ltd said on Friday it has agreed acquire 9X Media Pvt. Ltd and ......
TMT
US-based Personiv acquires John Keells BPO Solutions
Personiv, a US-headquartered business process outsourcing firm, has acquired voice process service provider John Keells BPO Solutions India Pvt. Ltd ......
Consumer
Tara Jewels eyes 49% stake in Australian jewellery retailer
Jewellery retailer and exporter Tara Jewels Ltd is in talks to acquire a 49% stake in Australia-based jewellery chain Bevilles ......
Manufacturing
Reliance Industries to sell stake in Marcellus shale asset JV for $126 mn
Billionaire Mukesh Ambani-led Reliance Industries Ltd has agreed to sell its entire 60% stake in a US shale energy joint ......
Finance
Consolidation may lead to 10-15 state banks, says govt adviser
A planned consolidation in India's state-run banking sector may lead to 10 to 15 lenders that are majority owned by ......
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