M&A
TMT
US-based Credera to buy majority stake in Hyderabad firm Areteans
Dallas-based consulting firm Credera, focused on strategy, transformation, data and tech, will acquire a majority stake in Hyderabad-based...
TMT
Aurionpro Solutions to sell cybersecurity business to Forcepoint
Enterprise security firm Aurionpro Solutions said it would sell its cybersecurity business to Austin-based software company Forcepoint...
Manufacturing
Bharat Forge buys group company to undertake acquisition of bankrupt Sanghvi Forging
Auto components major Bharat Forge Ltd has fully acquired a group company which will buy stressed Sanghvi Forging & Engineering...
Healthcare
Orchid Pharma to transfer a division to a joint venture with US firm Bionpharma
Orchid Pharma Ltd on Thursday said that it will transfer its non-penicillin, non-cephalosporin (NPNC) formulations division to...
Finance
Central govt gives in-principle nod for strategic divestment in IDBI Bank
The government has given an in-principle approval for strategic divestment along with transfer of management control of IDBI Bank...
Manufacturing
ChrysCap-backed Safex Chemicals buys Shogun in second acquisition
Agrochemicals company Safex Chemicals India Ltd has bought Mumbai-based Shogun Organics Ltd, marking its second acquisition so...
Manufacturing
KKR-backed stressed textile firm avoids bankruptcy as tribunal tosses lender plea
A tribunal has rejected a plea of government-owned Bank of Baroda (BoB) to initiate bankruptcy against a Mumbai textile company...
Finance
Monthly Deals Wrap: Investors discover a lair of unicorns, Blackstone grabs all crowns
Investors bred eight tech unicorns in April, helping the year-to-date tally of a dozen exceed the entire 2021 score by ......
TMT
Hike exits gaming platform WinZO after launching copycat app
Vernacular social gaming platform WinZO bought back shares from messaging platform Hike for $12 million (Rs 88.9 crore), marking...
Healthcare
Digital health firm ABCD Technologies onboards more drugmakers as investors
Digital health firm ABCD Technologies LLP, backed by top Indian drugmakers, has roped in more pharmaceutical majors as investors. Glenmark...
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