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M&A

Serum to double investment in PE-backed Biocon Biologics to $300 mn

Healthcare

25 April, 2023

Serum to double investment in PE-backed Biocon Biologics to $300 mn

A unit of Adar Poonawalla-led Serum Institute of India, the world's biggest vaccine maker, will double its ......

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More bidders join race for Kishore Biyani's Future Retail

Consumer

25 April, 2023

More bidders join race for Kishore Biyani's Future Retail

The number of resolution applicants interested in Kishore Biyani’s Future Retail has swelled to 55, as per the final ......

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JSW looks to pick up a stake in MG Motor India

Manufacturing

25 April, 2023

JSW looks to pick up a stake in MG Motor India

MG Motor India, the local arm of SAIC-owned automaker Morris Garages, is in advanced talks to sell close to a ......

HDFC Bank acquires stake in Singapore-based PE fund manager

Finance

24 April, 2023

HDFC Bank acquires stake in Singapore-based PE fund manager

HDFC Bank on Monday announced that it to acquire a 20 per cent or more stake in Griha Pte, a ......

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Encourage Capital picks up stake in MSME lender

Finance

24 April, 2023

Encourage Capital picks up stake in MSME lender

New York-based Encourage Capital, through its private equity fund Encourage Solar Finance LP, has acquired a significant......

 Ipca Labs may shell out up to $225 mn for majority stake in Unichem

TMT

24 April, 2023

Ipca Labs may shell out up to $225 mn for majority stake in Unichem

Mumbai-based pharmaceutical firm Ipca Laboratories on Monday said it will acquire a 33.38% stake in specialty ......

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GSK Velu's Neuberg takes M&A route after missing revenue target

Healthcare

24 April, 2023

GSK Velu's Neuberg takes M&A route after missing revenue target

Neuberg Diagnostics Pvt. Ltd, the pathology chain set up by healthcare entrepreneur GSK Velu more than five years ago, ......

Brookfield-controlled Indostar mulls merger of home loan biz with JM Financial unit

Finance

24 April, 2023

Brookfield-controlled Indostar mulls merger of home loan biz with JM Financial unit

Non-bank lender Indostar Capital Finance Ltd is exploring options to merge its home loan business with the housing ......

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Deals Digest: Funding activity drops to lowest in seven weeks

General

21 April, 2023

Deals Digest: Funding activity drops to lowest in seven weeks

Funding winter seems to be getting harsher for Indian startups, with deal activity breaching the $100 million ......

Partial relief for HDFC Bank for meeting priority lending, CRR norms post merger

Finance

21 April, 2023

Partial relief for HDFC Bank for meeting priority lending, CRR norms post merger

The Reserve Bank of India (RBI) has allowed HDFC Bank Ltd and Housing Development Finance Corp Ltd (HDFC) selective ......

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