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M&A

Bharti Airtel unveils new corporate structure to sharpen focus on digital

TMT

15 April, 2021

Bharti Airtel unveils new corporate structure to sharpen focus on digital

Bharti Airtel on Wednesday announced a rejig in its corporate structure as part of which it will subsume Airtel Digital, ......

Flipkart to acquire Cleartrip to diversify business

TMT

15 April, 2021

Flipkart to acquire Cleartrip to diversify business

Flipkart said it has proposed to acquire travel technology company Cleartrip as the Walmart-owned ecommerce giant seeks to diversify...

Temasek, Actis-backed Pine Labs gains full ownership of Southeast Asian fintech platform Fave

TMT

13 April, 2021

Temasek, Actis-backed Pine Labs gains full ownership of Southeast Asian fintech platform Fave

Payment solutions provider Pine Labs Pvt. Ltd on Tuesday said it has acquired Southeast Asia-based fintech platform Fave for $45...

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Chennai consultancy gets greenlight to rescue power plant in Rajasthan

Infrastructure

13 April, 2021

Chennai consultancy gets greenlight to rescue power plant in Rajasthan

The bankruptcy tribunal has okayed a Chennai consultancy’s plan to rescue a power plant based in the Bikaner district.  Refex...

Coforge to pick 80% stake in BPM firm SLK Global

TMT

12 April, 2021

Coforge to pick 80% stake in BPM firm SLK Global

NSE-listed IT (information technology) solutions firm Coforge has signed definitive agreements to acquire a controlling stake...

Cosmetics firm Nykaa, headed for markets, acquires online jewellery brand Pipa Bella

TMT

12 April, 2021

Cosmetics firm Nykaa, headed for markets, acquires online jewellery brand Pipa Bella

Beauty and lifestyle omnichannel company Nykaa Fashion, which aims to get listed by early next year, has acquired jewellery etailer...

JC Flowers ARC emerges top bidder for Sathavahana Ispat but lenders seek better offer

Manufacturing

12 April, 2021

JC Flowers ARC emerges top bidder for Sathavahana Ispat but lenders seek better offer

Eight Capital-backed JC Flowers Asset Reconstruction Company has emerged as the highest bidder for stressed maker of pig iron...

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Blackstone-backed IARC aims to yank a road out of bankruptcy

Infrastructure

12 April, 2021

Blackstone-backed IARC aims to yank a road out of bankruptcy

International Asset Reconstruction Company (IARC), backed by Blackstone, is set to acquire a southern toll road asset under the...

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Weekly Deals Wrap: Unicorns come galloping; clouds part, $3 bn rains; Byju's big buy

Finance

09 April, 2021

Weekly Deals Wrap: Unicorns come galloping; clouds part, $3 bn rains; Byju's big buy

Five of the nine unicorns this calendar year were born in this first week of the new fiscal as investors ......

Pharma majors-backed digital health firm to acquire Pharmarack

TMT

07 April, 2021

Pharma majors-backed digital health firm to acquire Pharmarack

Digital health firm ABCD Technologies LLP, which counts top Indian drug makers as investors, has agreed to fully acquire Pharmarack,...

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