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JSW Steel yanks Bhushan Power out of long-drawn bankruptcy

Manufacturing

26 March, 2021

JSW Steel yanks Bhushan Power out of long-drawn bankruptcy

After over three years of bankruptcy, Bhushan Power and Steel has been bought by JSW Steel for $2.7 billion (Rs ......

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Weekly Deal Wrap: Investors share Dream11's fantasy, Adani lifts port stake

Finance

26 March, 2021

Weekly Deal Wrap: Investors share Dream11's fantasy, Adani lifts port stake

Segments as diverse as gaming and infrastructure dominated dealmaking charts this week as fantasy sports platform Dream11 and...

SME-focused Khatabook makes first acquisition with purchase of Biz Analyst

TMT

25 March, 2021

SME-focused Khatabook makes first acquisition with purchase of Biz Analyst

Khatabook, a fintech startup focused on SMEs, has acquired SaaS-based business management app Biz Analyst for $10 million (around...

CX Partners backed Veeda buys stake in pre-clinical research firm Bioneeds

Healthcare

24 March, 2021

CX Partners backed Veeda buys stake in pre-clinical research firm Bioneeds

Clinical research organisation Veeda Clinical Research, which is backed by domestic private equity firm CX Partners, Tuesday said...

Adani Ports to acquire extra stake in Gangavaram Port from DVS Raju family

Infrastructure

23 March, 2021

Adani Ports to acquire extra stake in Gangavaram Port from DVS Raju family

Adani Ports and Special Economic Zone (APSEZ) has said it will acquire the 58.1% stake held in Gangavaram Port by ......

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Mamaearth in talks with strategics, PE firms for Series C cheque

Consumer

23 March, 2021

Mamaearth in talks with strategics, PE firms for Series C cheque

Personal care brand Mamaearth is in advanced talks with strategic and institutional investors to raise its Series C round of ......

Allana Group invests in LT Foods; India Quotient leads round in NeoDove

Consumer

23 March, 2021

Allana Group invests in LT Foods; India Quotient leads round in NeoDove

The Allana Group, an exporter of processed food products and agri-commodities, has picked up a 1% stake in publicly listed ......

Aurum Ventures to acquire stake in Majesco, will trigger open offer

TMT

22 March, 2021

Aurum Ventures to acquire stake in Majesco, will trigger open offer

An arm of real estate developer Aurum Ventures will acquire 14.78 per cent promoter shareholding in IT company Majesco, triggering...

Court drops restraint on Future Group chief's sale of personal assets

Consumer

22 March, 2021

Court drops restraint on Future Group chief's sale of personal assets

An Indian court put on hold on Monday an order restraining Future Group chief Kishore Biyani from selling personal assets, ......

TCG-backed Haldia Petrochemicals gets third time lucky with Nagarjuna Oil Corp

Infrastructure

19 March, 2021

TCG-backed Haldia Petrochemicals gets third time lucky with Nagarjuna Oil Corp

Two years after the lenders of Nagarjuna Oil Corporation rejected Haldia Petrochemicals’ resolution plan, a bankruptcy court...

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