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Jet Airways lenders to take 9.5% stake, massive haircut

Infrastructure

01 July, 2021

Jet Airways lenders to take 9.5% stake, massive haircut

The final winning bidder consortium of Dubai-based businessman Murari Lal Jalan and German investor Florian Fritsch will acquire...

Dealmakers drown in deals in second-quarter M&A frenzy

Finance

01 July, 2021

Dealmakers drown in deals in second-quarter M&A frenzy

Global mergers and acquisitions (M&A) activity broke records for a second consecutive quarter this year as companies continued...

Market-bound Zomato seeks CCI nod to invest in Grofers

TMT

30 June, 2021

Market-bound Zomato seeks CCI nod to invest in Grofers

Food delivery service Zomato on Wednesday filed a proposal with the Competition Commission of India to acquire a 9.3% stake ......

Suba Group acquires leisure budget hospitality chain 1589 Hotels

Consumer

30 June, 2021

Suba Group acquires leisure budget hospitality chain 1589 Hotels

Hospitality firm Suba Group said on Wednesday it has bought 35 properties of leisure budget hospitality chain 1589 Hotels, as...

HDFC takes 8.4% stake in Ansal Housing by invoking pledged shares

Finance

30 June, 2021

HDFC takes 8.4% stake in Ansal Housing by invoking pledged shares

India’s largest private mortgage financier Housing Development Finance Corporation (HDFC) has acquired an 8.42% stake in...

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Being Human's former business partner gets acquired under bankruptcy process

Consumer

30 June, 2021

Being Human's former business partner gets acquired under bankruptcy process

GB Global Ltd, ex-partner of actor Salman Khan’s apparel brand Being Human and formerly known as Mandhana Industries Ltd...

TVS Automobiles Solutions forms digital unit, acquires goBumpr

TMT

29 June, 2021

TVS Automobiles Solutions forms digital unit, acquires goBumpr

TVS Automobiles Solutions Ltd, which operates a multi-brand car servicing chain under the MyTVS brand, said on Tuesday it has...

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Mamaearth aims to snap up several smaller players to create ‘House of Brands'

Consumer

29 June, 2021

Mamaearth aims to snap up several smaller players to create ‘House of Brands'

Personal care brand Mamaearth is considering acquiring several smaller players to create a portfolio of brands with differentiated...

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Gammon India Group's stressed bridge attracts only 3 bids as several drop out of race

Infrastructure

28 June, 2021

Gammon India Group's stressed bridge attracts only 3 bids as several drop out of race

Of the 11 suitors for a stressed subsidiary of Gammon India Group, only three infrastructure firms have submitted final bids ......

Emami increases stake in grooming brand The Man Company

Consumer

28 June, 2021

Emami increases stake in grooming brand The Man Company

Kolkata-based fast-moving consumer goods maker Emami Ltd has increased its exposure in Helios Lifestyle Pvt Ltd, a startup that...

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