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M&A

Infosys McCamish acquires underwriting platform from STEP Solutions

TMT

17 February, 2021

Infosys McCamish acquires underwriting platform from STEP Solutions

Infosys McCamish, an Atlanta, Georgia headquartered  subsidiary of Infosys BPM that provides solutions, services for the...

Tata Group to buy majority stake in BigBasket for $1.3 bn

TMT

16 February, 2021

Tata Group to buy majority stake in BigBasket for $1.3 bn

India's Tata Group will buy a 68% stake in online grocery startup BigBasket for about Rs 9,500 crore ($1.31 billion), ......

Adani completes purchase of stressed Dighi Port, earmarks investments

Infrastructure

16 February, 2021

Adani completes purchase of stressed Dighi Port, earmarks investments

Adani Ports and Special Economic Zone Ltd (APSEZ) has completed the acquisition of Dighi Port Ltd for a consideration of ......

Unacademy acquires Blume Ventures-backed TapChief

TMT

16 February, 2021

Unacademy acquires Blume Ventures-backed TapChief

Sorting Hat Technologies, which runs edtech unicorn Unacademy, has acquired a majority stake in Pilani Experts Technology Labs-owned...

Accenture to boost SAP capabilities in the UK with latest buy

TMT

16 February, 2021

Accenture to boost SAP capabilities in the UK with latest buy

Irish technology giant Accenture has acquired independent SAP partner Edenhouse for an undisclosed amount. The UK firm marks...

Ascendas India Trust to buy fifth building from Phoenix Group in HITEC City

Infrastructure

16 February, 2021

Ascendas India Trust to buy fifth building from Phoenix Group in HITEC City

Singapore-listed Ascendas India Trust will buy the fifth building from developer Phoenix Group in HITEC City, Hyderabad. The...

Future creditors scramble to recover $2.5 bn loans: Bankers

Finance

16 February, 2021

Future creditors scramble to recover $2.5 bn loans: Bankers

Future Group's creditors are exploring options to recover more than $2.5 billion in loans, amid worries the Indian retailer's...

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Private equity consortium takes scissors to agritech firm's debt

TMT

16 February, 2021

Private equity consortium takes scissors to agritech firm's debt

An asset reconstruction company (ARC), backed by Kotak Mahindra Group, has sold an agri biotech firm to a private equity ......

India shortlists four banks for potential privatisation

Finance

15 February, 2021

India shortlists four banks for potential privatisation

India's government has shortlisted four mid-sized state-run banks for privatisation, under a new push to sell state assets...

ByteDance explores sale of Indian TikTok assets to rival firm Glance

TMT

15 February, 2021

ByteDance explores sale of Indian TikTok assets to rival firm Glance

China's ByteDance is said to be exploring the sale of the India operations of TikTok to rival unicorn Glance, Bloomberg ......

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