M&A
TMT
Reliance Retail acquires majority stake in e-pharmacy Netmeds
Reliance Industries Ltd’s retail unit has purchased a majority stake in online pharmacy Netmeds for Rs 620 crore ($83 million)...
Infrastructure
Why Quess Corp decided to sell its last-mile logistics business
Fairfax-controlled Quess Corp Ltd is all set to disengage from the last-mile logistics space that it says runs mostly on ......
Finance
Govt keen to speed up stake sale in IDBI Bank, three others
Indian Prime Minister Narendra Modi's office has asked officials to speed up the process of trimming government stakes in...
Healthcare
Biological E, in race for coronavirus vaccine, acquires India unit of troubled Akorn
Biological E Ltd, which is developing a Covid-19 vaccine, on Monday said it has acquired the Indian subsidiary of US-based ......
TMT
ixigo-backed gogoBus acquires Ranchi travel platform BusYar
Inter-city mobility startup gogoBus has acquired BusYar, a Ranchi-based bus transport aggregator. The acquisition, which is...
Infrastructure
Sterlite Power Grid Ventures sells bulk of stake in KKR, GIC-backed IndiGrid
Power transmission major Sterlite Power Grid Ventures Pvt Ltd on Friday sold almost its entire stake in India Grid Trust ......
TMT
AGC Networks buys Australia, New Zealand communications technology firm Pyrios
Essar group company AGC Networks Ltd has acquired Pyrios, an Australia- and New Zealand-based communications technology firm that...
Finance
InCred group closes in on boutique i-bank founded by ex-DSP Merrill Lynch bankers
InCred group is close to acquiring a two-decade-old boutique advisory firm founded by former DSP Merrill Lynch bankers, two people...
Finance
InCred group's asset management arm buys equity-focused fund in first acquisition
The asset management arm of InCred Capital has wrapped up its first acquisition with the purchase of an equity-focused alternative...
General
IL&FS PE-backed distressed rose producer gets three proposals to exit insolvency
A Bengaluru-based floriculture company that emerged as India’s largest producer of cut roses a decade ago before falling...
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