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M&A

Quess invests Rs 10 cr in B2B gig jobs startup; reports 42% dip in Q3 profit

TMT

28 January, 2021

Quess invests Rs 10 cr in B2B gig jobs startup; reports 42% dip in Q3 profit

Staffing and other business services provider Quess Corp on Wednesday said it will invest Rs 10 crore (about $1.4 million), ......

Future Retail seeks tribunal OK for $3.4 bn asset sale deal; Amazon pushes to block

Consumer

28 January, 2021

Future Retail seeks tribunal OK for $3.4 bn asset sale deal; Amazon pushes to block

India’s Future Retail has approached a tribunal to seek a key approval for its $3.4 billion asset sale to Reliance ......

India likely to announce stake sales of IDBI Bank, LIC

Finance

28 January, 2021

India likely to announce stake sales of IDBI Bank, LIC

India's government plans to announce the sale of a 10% to 15% stake in state-run Life Insurance Corp, the country's ......

Aditya Birla Fashion signs control deal for Sabyasachi in ethnic wear push

Consumer

27 January, 2021

Aditya Birla Fashion signs control deal for Sabyasachi in ethnic wear push

Aditya Birla Fashion and Retail Ltd has entered into an agreement to acquire a 51% stake in designer brand Sabyasachi ......

TPG-owned Nova IVF buys majority stake in firm to expand NCR presence

Healthcare

27 January, 2021

TPG-owned Nova IVF buys majority stake in firm to expand NCR presence

Nova IVF Fertility, which is owned by TPG Growth's single-speciality healthcare platform Asia Healthcare Holdings (AHH), has...

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Lenders of Piramal PE-backed bulk drugs maker take massive haircut in acquisition deal

Healthcare

25 January, 2021

Lenders of Piramal PE-backed bulk drugs maker take massive haircut in acquisition deal

Lenders of a bankrupt bulk drugs and chemicals maker backed by a Piramal Group promoted private equity fund are staring ......

United Spirits sells Tern Distilleries to building materials maker

Manufacturing

25 January, 2021

United Spirits sells Tern Distilleries to building materials maker

United Spirits Ltd, a Diageo-owned alcoholic beverages manufacturer, has sold a non-operational subsidiary to building materials...

Cairn Energy threatens to enforce arbitration award against Indian assets overseas

Infrastructure

25 January, 2021

Cairn Energy threatens to enforce arbitration award against Indian assets overseas

Cairn Energy has begun to take steps to identify Indian assets overseas against which it can enforce the $1.2 billion ......

Amazon tries to block Future's retail asset sale, seeks CEO's detention

Consumer

25 January, 2021

Amazon tries to block Future's retail asset sale, seeks CEO's detention

Amazon.com Inc has requested an Indian court to block partner Future Group's $3.4 billion deal to sell its retail assets ......

Orion Credit spins out of Olympus Capital, secures investment from Omers

Finance

25 January, 2021

Orion Credit spins out of Olympus Capital, secures investment from Omers

Singapore-based private equity arm Olympus Capital Asia’s credit arm has spun out to form a new venture, Orion Credit Capital...

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