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M&A

Global M&A sets first-quarter record as dealmakers shape post-COVID world

General

01 April, 2021

Global M&A sets first-quarter record as dealmakers shape post-COVID world

Mergers and acquisitions (M&A) activity surged globally in the first quarter of 2021 to a year-to-date record, as companies...

Tatas' consumer arm to exit American joint ventures Empirical Group, Southern Tea

Consumer

01 April, 2021

Tatas' consumer arm to exit American joint ventures Empirical Group, Southern Tea

Tata Consumer Products has agreed to divest its holdings in two US-based joint ventures to JV partner Harris Tea Company ......

R-Infra sells group headquarters Reliance Centre to Yes Bank

Infrastructure

01 April, 2021

R-Infra sells group headquarters Reliance Centre to Yes Bank

Reliance Infrastructure has sold Reliance Centre, the Mumbai-based headquarters of Anil Ambani-owned Reliance Group, to its lender...

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Kotak group ARC to walk away from bankrupt textile firm

Consumer

01 April, 2021

Kotak group ARC to walk away from bankrupt textile firm

Kotak group ARC to walk away from bankrupt textile firm with 'good returns'    Kotak Mahindra Group’s...

Uable raises pre-Series A funding, Next Orbit buys 19% of Alan Scott Industries

TMT

31 March, 2021

Uable raises pre-Series A funding, Next Orbit buys 19% of Alan Scott Industries

Uable, a platform focused on career discovery and skilling for people between the ages of 13 and 18, has raised ......

GlaxoSmithKline to sell Karnataka plant to Hetero Labs

Healthcare

31 March, 2021

GlaxoSmithKline to sell Karnataka plant to Hetero Labs

GlaxoSmithKline Pharmaceuticals on Wednesday said it will sell its manufacturing facility in Karnataka to Hetero Labs for Rs 180...

Piramal Pharma's contract division to acquire Hemmo

Healthcare

31 March, 2021

Piramal Pharma's contract division to acquire Hemmo

The contract development and manufacturing organisation of Piramal Pharma Ltd on Wednesday said it has signed an agreement to...

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Did Five Star Business rain cash on Morgan Stanley's five-year bet?

Finance

30 March, 2021

Did Five Star Business rain cash on Morgan Stanley's five-year bet?

Morgan Stanley has walked away from Five Star Business Finance with 5.4x returns after staying invested in the lender to ......

Adani Transmission to acquire project from Essel group

Infrastructure

30 March, 2021

Adani Transmission to acquire project from Essel group

Adani Transmission has signed an agreement to acquire Warora-Kurnool Transmission from the infrastructure unit of Essel group. Warora-Kurnool...

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SoftBank-backed FirstCry buys diaper firm in third acquisition

Consumer

30 March, 2021

SoftBank-backed FirstCry buys diaper firm in third acquisition

FirstCry, an online-first baby products retailer, has made its third acquisition with a deal to control a firm that sells ......

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