M&A
TMT
Mahindra & Mahindra to sell vehicle services arm to TVS group
Multinational vehicle manufacturer Mahindra & Mahindra Ltd will sell its vehicle services business to an arm of the Chennai-based...
Manufacturing
Tatas juggle with eroded value of road trailers biz after a failed PE buyout
A little over a year after a private equity firm scrapped a $45 million buyout of the road trailers business ......
Infrastructure
IL&FS's energy advisory business lands up on chopping block
Debt-laden Infrastructure Leasing & Financial Services Ltd has put the energy advisory business of IL&FS Energy Development...
Finance
British insurer Aviva plans to sell its businesses in India, other markets
Aviva expects to pay a total 2020 dividend that is a third less than before the coronavirus outbreak and is ......
Finance
RBI nixes Muthoot Finance's plan to buy IDBI Mutual Fund
The Reserve Bank of India (RBI) has nixed Muthoot Finance Ltd’s plans to enter into the mutual fund business by ......
Finance
Indiabulls group looks to sell ARC arm as pandemic bites
Indiabulls group has decided to put up its four-year-old asset reconstruction company (ARC) for sale as it looks to exit ......
Healthcare
How did Ventureast, Eight Roads fare in exit from legacy portfolio firm
Venture capital firms Ventureast and Eight Roads Ventures have inked a deal to exit a Bengaluru-based biotechnology firm, striking...
Finance
HDFC to pick up 20% stake in Mumbai ARC
India’s largest private-sector mortgage lender HDFC Ltd is set to foray into the asset reconstruction business as it has...
Consumer
NSE warned Future Retail of action over disclosures on Amazon dispute
National Stock Exchange (NSE) privately warned Future Retail it risked regulatory action for not making timely market disclosures...
TMT
upGrad forays into test-prep segment with acquisition
Education-technology company upGrad Education Pvt Ltd is marking its entry into the test-preparation segment with an acquisition. It...
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