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M&A

Tata Sons, others submit initial bids for Air India

Infrastructure

14 December, 2020

Tata Sons, others submit initial bids for Air India

The Indian government said on Twitter it has received multiple bids for its stake in state-run carrier Air India, the ......

Aon picks up 49% in Catamaran-backed Anviti Insurance Brokers

Finance

14 December, 2020

Aon picks up 49% in Catamaran-backed Anviti Insurance Brokers

Multinational risk and insurance-focussed professional services firm Aon plc has picked up a 49% stake in Anviti Insurance Brokers...

Premium
American insole maker Ortholite inks deal with local shoes co to set up India biz

Consumer

10 December, 2020

American insole maker Ortholite inks deal with local shoes co to set up India biz

Ortholite, one of the leading high-performance insole makers globally, is all set to enter India through a strategic partnership...

Varroc Engineering takes full control of Romanian unit

Manufacturing

09 December, 2020

Varroc Engineering takes full control of Romanian unit

Automotive component maker Varroc Engineering Ltd has bought the 30% stake it didn’t already own in its Romanian unit from...

Tata Consumer Products divests Australian coffee biz

Consumer

09 December, 2020

Tata Consumer Products divests Australian coffee biz

Tata Consumer Products Ltd has divested its Australian coffee business to Buccheri Group Pty Ltd, which markets its offerings...

Premium
Nalanda Capital-backed TTK Prestige scraps Australian JV, takes a write-off

Consumer

09 December, 2020

Nalanda Capital-backed TTK Prestige scraps Australian JV, takes a write-off

Kitchen appliances maker TTK Prestige Ltd has decided to end its Australian joint venture and is writing off its investment, ......

Premium
How Chandrababu Naidu's Heritage Foods got singed in all-stock deal to sell retail biz

Consumer

09 December, 2020

How Chandrababu Naidu's Heritage Foods got singed in all-stock deal to sell retail biz

Heritage Foods Ltd has sold its entire stake in Future Retail Ltd for around half of what it was valued ......

Kalpathi Group's Veranda acquires coaching institute Chennai Race

TMT

08 December, 2020

Kalpathi Group's Veranda acquires coaching institute Chennai Race

Veranda Learning Solutions Pvt. Ltd, the education and ed-tech venture of Chennai-based Kalpathi Group, has acquired Chennai Race...

WestBridge-backed LEAD School acquires gamification platform QuizNext

TMT

07 December, 2020

WestBridge-backed LEAD School acquires gamification platform QuizNext

Leadership Boulevard Pvt Ltd, which operates business-to-business education-technology startup LEAD School, has acquired gamified...

Premium
Reliance Infratel lenders to take 90% haircut as Jio set to take control

TMT

07 December, 2020

Reliance Infratel lenders to take 90% haircut as Jio set to take control

Reliance Infratel Ltd’s financial creditors will take a haircut of as much as 90% on their loans under a court-approved...

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