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Awaited judgment on DHFL promoter will put bankruptcy law to test once again

Finance

08 June, 2021

Awaited judgment on DHFL promoter will put bankruptcy law to test once again

The top court’s verdict on the first financial services company facing bankruptcy, likely to come in a few days, will ......

Netcore buys stake in Flipkart-backed EasyRewardz

TMT

08 June, 2021

Netcore buys stake in Flipkart-backed EasyRewardz

Netcore Cloud Pvt Ltd has acquired a minority stake in Flipkart-backed EasyRewardz Services Pvt Ltd, law firm DSK Legal said ......

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Tata Digital in talks to pick up majority stake in VC-backed delivery platform

TMT

08 June, 2021

Tata Digital in talks to pick up majority stake in VC-backed delivery platform

Tata Digital, on an acquisition spree of late, is in early discussions to snap up another heavily funded startup, at ......

Punjab National Bank to buy stake in bad bank

Finance

07 June, 2021

Punjab National Bank to buy stake in bad bank

Government-owned Punjab National Bank (PNB) on Saturday said it will acquire a stake in the soon-to-be-set-up National Asset Reconstruction...

NCLT approves Piramal offer to acquire DHFL with conditions

Finance

07 June, 2021

NCLT approves Piramal offer to acquire DHFL with conditions

An insolvency court today conditionally approved Piramal Group’s overall resolution plan for financially troubled Dewan...

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Monthy M&A Wrap: Dealmaking slides again in May, Adani Green and Tata Digital top buyers

Finance

04 June, 2021

Monthy M&A Wrap: Dealmaking slides again in May, Adani Green and Tata Digital top buyers

The slide in volumes of merger and acquisition (M&A) deals continued in May, with the number of deals declining by ......

Rossari Biotech to buy Unitop Chemicals for $57.7 mn

Manufacturing

02 June, 2021

Rossari Biotech to buy Unitop Chemicals for $57.7 mn

Specialty chemicals company Rossari Biotech said it will buy Unitop Chemicals Private for Rs 421 crore ($57.7 million) in an ......

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Maithan Alloys to buy Andhra plant in liquidation process, over 90% haircut for lenders

Manufacturing

01 June, 2021

Maithan Alloys to buy Andhra plant in liquidation process, over 90% haircut for lenders

Maithan Alloys Ltd, one of India’s largest manganese alloy producers, will acquire a Kolkata-based firm which owns a manufacturing...

Edelweiss ARC completes acquisition of 10% stake in Tilaknagar Industries

Consumer

01 June, 2021

Edelweiss ARC completes acquisition of 10% stake in Tilaknagar Industries

Edelweiss Asset Reconstruction Company Ltd has completed its acquisition of a minority stake in Tilaknagar Industries Ltd as part...

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Manipal Hospitals in talks to buy a Bengaluru asset from a PE

Healthcare

31 May, 2021

Manipal Hospitals in talks to buy a Bengaluru asset from a PE

Multispeciality chain Manipal Hospitals, which secured a large funding amount two months ago, is in discussions to acquire a Bengaluru...

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