M&A
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...
TMT
M&M to buy rest of Meru from True North, others; names new chief
Automobile giant Mahindra and Mahindra said on Monday it will buy rest of Meru Travel Solutions Pvt Ltd for Rs ......
TMT
Weekly Deals Wrap: Transaction value peaks again, Blackstone grabs most of the glory
Dealmaking value in the fourth week of the financial year topped the blockbuster first week that saw the birth of ......
TMT
Tata Digital gets CCI nod to pick up majority stake in BigBasket
The Competition Commission of India (CCI) on Wednesday said it has approved Tata Digital’s proposal to acquire a majority...
Infrastructure
Major Chinese investors in talks to take Aramco stake
Major Chinese investors are in talks to buy a stake in Saudi Aramco, several sources told Reuters on Wednesday, as ......
Infrastructure
Gayatri Highways to buy 49% stake in HKR Roadways
Gayatri Highways today said it will acquire a 48.97% stake in HKR Roadways for Rs 120.5 crore ($16.2 million). HKR ......
TMT
IndiaMART to buy 26% of Shipway Technology, invest more in Truckhall
IndiaMART InterMESH Ltd, which operates a business-to-business (B2B) marketplace, today said it would pile into Gurugram-based...
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