M&A
Manufacturing
Vedanta says interested in buying govt's stake in BPCL
India’s Vedanta Ltd, the billionaire Anil Agarwal-controlled metals-to-oil conglomerate, said on Wednesday it was interested...
Finance
Lakshmi Vilas Bank put under moratorium, to be merged with DBS
Lakshmi Vilas Bank has been put under a moratorium and may be merged with the local unit of Singapore’s DBS ......
Infrastructure
Blackstone, Embassy Group to sell office park to REIT for $1.3 bn
Private equity giant Blackstone and Bengaluru developer Embassy Group will sell an office park they own in Bengaluru to a ......
TMT
Flipkart buys Axilor-backed AR/VR startup Scapic
Flipkart, the online retailer controlled by US-based Walmart Inc., has acquired virtual reality (VR) and augmented reality (AR)...
TMT
EY India snaps up skilling platform Spotmentor Technologies
EY India, the local arm of the multinational professional services firm, has acquired end-to-end skilling platform Spotmentor...
Manufacturing
ADV Partners-controlled Arjas to acquire Modern Steels
Arjas Steel Pvt. Ltd, controlled by Asia-focussed private equity firm ADV Partners, has acquired Chandigarh-based Modern Steels...
TMT
How Kalaari, Elevation & Sequoia ended with a lemon as Urban Ladder sold for just $25 mn
Furniture retailer Urban Ladder, one of the most prominent names in vertical e-commerce and backed by venture capital firms Sequoia ......
Manufacturing
Blackstone-controlled EPL buying packaging firm for nearly $30 mn
EPL Ltd, the Blackstone-controlled specialty packaging company formerly known as Essel Propack Ltd, will acquire a Mumbai-based...
TMT
Hinduja Global Solutions to up stake in US unit
Hinduja Global Solutions Ltd (HGSL), the business process management arm of the multibillion-dollar Hinduja Group conglomerate,...
Manufacturing
Grasim to sell fertiliser business to Indorama for $355 mn
Grasim Industries Ltd has agreed to sell its fertiliser business to Singapore’s Indorama Corporation Pte. Ltd for Rs 2,649...
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