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Japan's SMFG to buy 74.9% stake in Temasek-owned Fullerton's NBFC

Finance

06 July, 2021

Japan's SMFG to buy 74.9% stake in Temasek-owned Fullerton's NBFC

Sumitomo Mitsui Financial Group Inc, Japan's second largest lender by assets, said on Tuesday it would buy a 74.9% stake ......

HDFC sells stake in India Asset Recovery Management to WL Ross

Finance

05 July, 2021

HDFC sells stake in India Asset Recovery Management to WL Ross

Housing Development Finance Corporation (HDFC) said it has divested 19.9% of India Asset Recovery Management Ltd (IARM) in an...

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FirstCry's Thrasio-style venture aims to snap up Kolkata brand in first purchase

Consumer

05 July, 2021

FirstCry's Thrasio-style venture aims to snap up Kolkata brand in first purchase

Online first baby products retailer’s Global Bees, touted to be India’s largest Thrasio-style venture for direct to...

MTG acquires India-based PlaySimple; Chiratae, Elevation Capital exit

TMT

02 July, 2021

MTG acquires India-based PlaySimple; Chiratae, Elevation Capital exit

Sweden-based Modern Times Group ( MTG) said on Friday it has acquired Chiratae Ventures and Elevation Capital-backed Indian word...

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Stressed Assets Wrap: Big case resolutions gather steam

Finance

02 July, 2021

Stressed Assets Wrap: Big case resolutions gather steam

The last two months witnessed the resolution of some marquee stressed assets as well as many small ticket recoveries being ......

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Weekly Deals Wrap: Tech rules charts even as total transaction value falls

Finance

02 July, 2021

Weekly Deals Wrap: Tech rules charts even as total transaction value falls

The last week of June saw the total deal value fall almost 30% to $1.7 billion, with the technology sector ......

Edelweiss Group to exit insurance broking business by selling stake to US JV partner

Finance

02 July, 2021

Edelweiss Group to exit insurance broking business by selling stake to US JV partner

Edelweiss Group, a financial services entity, on Friday said it will exit its insurance broking business with the divestment of...

Asia M&A bonanza fuelled by Southeast Asia, private equity deals

Finance

02 July, 2021

Asia M&A bonanza fuelled by Southeast Asia, private equity deals

Asian merger and acquisition activity surged to its second-highest level ever for a first half as Southeast Asian and private-equity...

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M&A deal volumes spike but IPOs fetch better value

Finance

01 July, 2021

M&A deal volumes spike but IPOs fetch better value

Despite the pandemic, M&A deal volumes spiked in the first half of this year as compared to the same period ......

France's Assystem buys engineering firm STUP Consultants

TMT

01 July, 2021

France's Assystem buys engineering firm STUP Consultants

French engineering service provider Assystem SA said it has acquired Mumbai-based engineering project delivery firm STUP Consultants...

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