M&A
Finance
Carlyle-backed SBI Life buys 8.99% stake in microcredit firm Paisalo Digital
SBI Life Insurance Co Ltd, India’s largest private-sector life insurer, said Thursday it has acquired a 8.99% stake in microcredit...
Finance
Centrum arm strikes first takeover after getting Morgan Stanley PE's backing
A subsidiary of financial services company Centrum Capital Ltd has inked a deal to acquire a majority stake in the ......
Infrastructure
Adani's bid to buy out AES from Odisha Power falls apart
The Odisha government has scuttled the plans of billionaire Gautam Adani-controlled Adani Power Ltd to acquire a 49% stake in...
Infrastructure
IL&FS to sell China road asset to Ping An Insurance
Infrastructure Leasing & Financial Services Ltd (IL&FS) is selling its stake in a Chinese road builder to a fund managed...
TMT
Wipro to take over Metro's IT units for under $50 mn
Wipro Ltd, India’s third-largest software services exporter, said Wednesday it will take over the information technology...
TMT
Tata Communications takes control of French technology firm Oasis
Tata Communications Ltd said Wednesday it has acquired a 58.1% stake in Oasis Smart SIM Europe SAS, a French company ......
Finance
PE-backed Apex Group to buy Mauritius-based financial services firm
Apex Group Ltd, a Bermuda-based multinational financial services provider, will acquire Mauritius-based GFin Corporate Services...
TMT
Firstsource acquires US-based revenue cycle manager PatientMatters
Firstsource Solutions Ltd, a Mumbai-based business process management (BPM) services provider, has acquired PatientMatters, a...
Finance
Ten more join long queue for assets of debt-laden Reliance Capital
US-based alternative asset manager Apollo Global Management Inc and SBI Life Insurance Company Ltd are among the new 10 bidders...
Healthcare
PE-backed GenWorks acquires in-vitro unit of Mumbai-based healthcare firm
In the latest example of companies using the pandemic to strengthen their offerings, healthcare solutions provider GenWorks Health...
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