M&A
Finance
PE-backed ARC among bidders for Anil Ambani's home finance arm
Four asset reconstruction companies (ARCs) and a non-banking finance company have submitted bids for Reliance Group’s (formerly...
Finance
Dealmaking in 2020: Reliance, Reliance and Reliance (and a few others)
It’s a year we would like to forget. But we won’t. Mukesh Ambani won’t either. But for entirely different reasons. This...
TMT
Ronnie Screwvala's upGrad buys Rekrut India to enter recruitment space
Education-technology firm upGrad said Tuesday it has entered the recruitment segment through the acquisition of Rekrut India Pvt....
Manufacturing
JM Financial ARC, US firm invest $28 mn in textile company
Homegrown financial services firm JM Financial Ltd’s asset reconstruction arm and a San Francisco, US-based investment firm...
TMT
KPO firm eClerx to acquire US-based Personiv for $34 mn
Mumbai-listed business and knowledge process outsourcing firm eClerx Services Ltd has inked a pact to acquire Personiv, a US-based...
Finance
Oaktree bids most for Dewan Housing as Piramal, Adani revise offers
US-based Oaktree Capital Management has likely submitted the highest bid for Dewan Housing Finance Corp (DHFL) even as Piramal...
Healthcare
Serum Institute of India pares stake in another vaccine maker
Serum Institute of India Pvt. Ltd, the world’s largest vaccine maker, has offloaded a fourth of its stake in another ......
Infrastructure
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 ......
Finance
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...
Consumer
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...
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