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M&A

Auto parts maker Precision Camshafts buys rest of Dutch, German units

Manufacturing

27 July, 2020

Auto parts maker Precision Camshafts buys rest of Dutch, German units

Solapur-based automotive components maker Precision Camshafts Ltd has taken full control of its Dutch and German units, with the...

Max Financial and Axis Bank agree to tweak insurance deal as regulator turns up heat

Finance

24 July, 2020

Max Financial and Axis Bank agree to tweak insurance deal as regulator turns up heat

Max Financial Services and Axis Bank have agreed to make changes to the value-creation options in their proposed life insurance...

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How Indian Express Group is looking to diversify revenue streams

TMT

24 July, 2020

How Indian Express Group is looking to diversify revenue streams

The Indian Express Group is looking to build a portfolio of financial services companies in a bid to diversify its ......

Wipro to snap up Belgium-based 4C to boost Salesforce vertical

TMT

23 July, 2020

Wipro to snap up Belgium-based 4C to boost Salesforce vertical

Wipro Ltd, India’s third-largest software services exporter, said on Thursday it has agreed to acquire Belgium-based 4C...

Amazon in talks to buy 9.9% stake in Reliance Retail: Report

Consumer

23 July, 2020

Amazon in talks to buy 9.9% stake in Reliance Retail: Report

Amazon.com Inc is in talks to buy a 9.9% stake in the retail arm of Indian conglomerate Reliance Industries Ltd, ......

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Cracks widen in infra dealmaking as investors turn wary, deals fall apart

Infrastructure

23 July, 2020

Cracks widen in infra dealmaking as investors turn wary, deals fall apart

The Indian infrastructure sector recorded a rather dull quarter through June as private equity investors and strategic buyers...

Two consortiums propose to restart Jet Airways, although somewhat differently

Infrastructure

22 July, 2020

Two consortiums propose to restart Jet Airways, although somewhat differently

Jet Airways has attracted bids, finally, after spending more than a year in the insolvency resolution process. Two of the four...

Petronet renews investment deal with US LNG developer Tellurian

Infrastructure

22 July, 2020

Petronet renews investment deal with US LNG developer Tellurian

India's top gas importer, Petronet LNG, has renewed its initial deal to consider investing $2.5 billion in U.S. liquefied...

SpiceJet acqui-hires ixigo's airline technology arm Travenues

Infrastructure

21 July, 2020

SpiceJet acqui-hires ixigo's airline technology arm Travenues

SpiceJet Ltd, India’s second-largest airline by passengers, has acqui-hired Bengaluru-based airline technology company Travenues...

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Sequoia-backed Porter sells enterprise biz to logistics aggregator

Infrastructure

21 July, 2020

Sequoia-backed Porter sells enterprise biz to logistics aggregator

Logistics firm Porter, backed by Sequoia Capital, has sold off its business-to-business (B2B) or enterprise vertical, two persons...

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