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M&A

Fraud-hit PMC Bank reaches out to major lenders for merger

Finance

16 September, 2020

Fraud-hit PMC Bank reaches out to major lenders for merger

India's fraud-hit PMC Bank has approached other banks over a possible merger even as its efforts to recover funds from ......

ShareChat acquires former employee's video production firm HPF Films

TMT

16 September, 2020

ShareChat acquires former employee's video production firm HPF Films

Homegrown content and social networking platform ShareChat said Wednesday it has acquired Bengaluru-based video production company...

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IL&FS PE-backed floriculture firm heads for liquidation

General

15 September, 2020

IL&FS PE-backed floriculture firm heads for liquidation

A bankrupt floriculture company that counts IL&FS Private Equity as an investor and was India’s largest producer of...

Amtek Auto's three-year-long quest to come out of bankruptcy gets longer

Manufacturing

14 September, 2020

Amtek Auto's three-year-long quest to come out of bankruptcy gets longer

Amtek Auto Ltd’s debt resolution process has hit another hurdle as US hedge fund Deccan Value Investors, which received...

Infosys to buy European consultancy GuideVision to ramp up cloud biz

TMT

14 September, 2020

Infosys to buy European consultancy GuideVision to ramp up cloud biz

Infosys Ltd, India’s second-largest software services provider, said Monday it will acquire the Czech Republic-based enterprise...

Kirloskar Ferrous to acquire VSL Steels factory

Manufacturing

14 September, 2020

Kirloskar Ferrous to acquire VSL Steels factory

Kirloskar Ferrous Industries Ltd, the pig iron and iron castings-based arm of the Kirloskar Group of Companies, has agreed to...

Japan's Orix Corp to buy over 20% stake in Greenko Energy

Infrastructure

11 September, 2020

Japan's Orix Corp to buy over 20% stake in Greenko Energy

Japanese financial services group Orix Corp said on Friday that it will invest $980 million (Rs 7,207 crore) in Hyderabad-based...

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Indiabulls Housing strikes multi-bagger as UK's OakNorth valued at $2.1 bn

Finance

10 September, 2020

Indiabulls Housing strikes multi-bagger as UK's OakNorth valued at $2.1 bn

Indiabulls Housing Finance Ltd has made a multi-fold gain by selling another chunk of its stake in British lender OakNorth ......

Reliance approaches Jio Platforms' backers to invest in retail arm

Consumer

10 September, 2020

Reliance approaches Jio Platforms' backers to invest in retail arm

Indian oil-to-telecoms conglomerate Reliance Industries is offering to sell a roughly $20 billion stake in its retail arm to Amazon.com...

Cube Highways ties up debt financing to help buy toll roads

Finance

09 September, 2020

Cube Highways ties up debt financing to help buy toll roads

Singapore-based Cube Highways and Infrastructure Pte. Ltd said it has tied up with the State Bank of India (SBI) for ......

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