M&A
Finance
Weekly Deal Wrap: Serum Institute's Poonawalla and Advent hot on the charts
In the second week of February, the technology, media and telecom sector continued to populate the charts which were otherwise...
Finance
Adar Poonawalla owned firm to buy controlling stake in non-bank lender Magma Fincorp
Serum Institute CEO Adar Poonawalla owned Rising Sun Holdings is acquiring a controlling stake in non-bank lender Magma Fincorp...
TMT
GAIL to acquire stake in Indian Energy Exchange arm
State-owned GAIL will acquire a 5% equity stake in the Indian Gas Exchange (IGX) for Rs 3.6 crore ($490,000). IGX is...
Consumer
Mawana Sugars to offload unit to Bodal Chemicals
Mawana Sugars Ltd has entered into a definitive agreement to sell its non-core business to Bodal Chemicals Ltd, another publicly...
TMT
Cure.fit buys gym aggregator Fitternity to expand co-branded gym model
Omnichannel health and wellness platform Cure.fit has acquired gym aggregator Fitternity, in line with its plans to become the...
Consumer
Court lifts hold on Future's $3.4 bn retail deal in setback for Amazon
The Delhi High Court on Monday overturned an order that had stalled Future Group's $3.4 billion deal to sell its ......
Healthcare
Sunway Group to buy Wadia Group's medical devices firm
Mumbai-based Sunway Group, a medium-sized pharmaceuticals company, has signed a definitive agreement to acquire medical devices...
Healthcare
SRL to buy out partners from joint venture
Diagnostics chain SRL Ltd, owned by Fortis Healthcare Ltd, said it will acquire the remaining 50% stake in joint venture ......
Finance
Mumbai ARC, Singapore trader to acquire distressed steel maker
A Mumbai-based asset reconstruction company (ARC) and a Singaporean commodity trader are all set to give a close-cropped haircut...
Manufacturing
Kalpataru Power acquires 51% of Brazil firm
Kalpataru Power Do Brasil Participacoes Ltd, a wholly owned subsidiary of Kalpataru Power Transmission Ltd, has acquired a 51%...
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