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Nita Ambani likely to be chair of merged Reliance-Disney media business

TMT

28 February, 2024

Nita Ambani likely to be chair of merged Reliance-Disney media business

Nita Ambani, wife of Indian billionaire Mukesh Ambani, is likely to be appointed chair of the board when Reliance Industries ......

Bandhan Financial completes acquisition of digital insurance firm Aegon India

Finance

26 February, 2024

Bandhan Financial completes acquisition of digital insurance firm Aegon India

Marking its foray into the insurance sector, Bandhan Financial Holdings Ltd (BFHL) Monday said it has completed the acquisition of ......

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Deals Digest: Momentum continues to be subdued in absence of large-ticket deals

General

23 February, 2024

Deals Digest: Momentum continues to be subdued in absence of large-ticket deals

Capital raised by private equity (PE) and venture capital (VC)-backed companies slid further for a second consecutive week marred by ......

MENA Digest:  Basserah, nybl merge; The Cloud,  gaming startups raise funds

TMT

23 February, 2024

MENA Digest: Basserah, nybl merge; The Cloud, gaming startups raise funds

The Middle East and North Africa (MENA) region recorded a spurt in dealmaking activity during the week, marked by a ......

Redcliffe Labs-owned Medicentre acquires diagnostic lab in Rajasthan

Healthcare

22 February, 2024

Redcliffe Labs-owned Medicentre acquires diagnostic lab in Rajasthan

Redcliffe Labs-owned Medicentre Sonography & Clinical Labs Thursday said it has acquired Prime Sonography & Diagnostic Centre in Kota, an ......

ChrysCapital-backed Xoriant seals second bet with MapleLabs

TMT

22 February, 2024

ChrysCapital-backed Xoriant seals second bet with MapleLabs

California-based Xoriant, a software engineering and digital services company backed by Indian private equity firm ChrysCapital, Thursday said it has ......

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Canadian automotive major Magna to divest part of India business

Manufacturing

21 February, 2024

Canadian automotive major Magna to divest part of India business

Toronto Stock Exchange (TSX) and NYSE-listed automotive products manufacturing giant Magna that ended 2023 with revenues of nearly $43 billion ......

CL Educate hikes stake in 361DM, gets board control

Consumer

20 February, 2024

CL Educate hikes stake in 361DM, gets board control

CL Educate, which owns coaching firm Career Launcher, has raised its stake in online program management company 361DM Learning & ......

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Germany's Thyssenkrupp to sell stake in India unit to local partners

Manufacturing

20 February, 2024

Germany's Thyssenkrupp to sell stake in India unit to local partners

German industrial machinery manufacturer Thyssenkrupp AG has agreed to sell its stake in an Indian subsidiary to its local joint ......

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Deals Digest: Funding momentum slows again this week as deal sizes drop

General

16 February, 2024

Deals Digest: Funding momentum slows again this week as deal sizes drop

Investment activity by private equity and venture capital firms fell this week as small-ticket size deals dominated the ecosystem. This week, ......

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