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PE, M&A deals in financial sector sink but GIC, CPPIB bet more

Finance

21 July, 2020

PE, M&A deals in financial sector sink but GIC, CPPIB bet more

The number of private equity deals, mergers and acquisitions in the financial services sector touched the lowest level in at ......

Govt plans to sell majority stake in Bank of India, five other state-run banks

Finance

20 July, 2020

Govt plans to sell majority stake in Bank of India, five other state-run banks

India is looking to privatise more than half of its state-owned banks to reduce the number of government-owned lenders to ......

L&T Technology Services to acquire Orchestra

TMT

20 July, 2020

L&T Technology Services to acquire Orchestra

L&T Technology Services Ltd, the engineering services division of conglomerate Larsen & Toubro Ltd, has signed a share...

L&T to wind up West Asian wealth management unit after InCred deal collapses

Finance

17 July, 2020

L&T to wind up West Asian wealth management unit after InCred deal collapses

L&T Finance Holdings Ltd said on Friday it will wind up its West Asian wealth management unit after a planned ......

Embassy to take control of Indiabulls Real Estate after merging 11 projects

Infrastructure

16 July, 2020

Embassy to take control of Indiabulls Real Estate after merging 11 projects

Embassy Group will merge 11 residential and commercial projects with Indiabulls Real Estate Ltd as part of an all-stock deal ......

Reliance's $15 bn stake sale deal with Saudi Aramco delayed

Manufacturing

15 July, 2020

Reliance's $15 bn stake sale deal with Saudi Aramco delayed

Reliance Industries' plans to sell 20% stake in its oil-to-chemical business to Saudi Aramco is delayed, chairman of the Indian...

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Japanese firm buys majority stake in hygiene products maker Mystair

Consumer

15 July, 2020

Japanese firm buys majority stake in hygiene products maker Mystair

A Japanese sanitiser maker has acquired a controlling stake in Haryana-based firm Mystair, hoping to use it as a base ......

Unacademy strikes third acquisition of 2020, buys majority stake in Mastree

TMT

15 July, 2020

Unacademy strikes third acquisition of 2020, buys majority stake in Mastree

Unacademy, the education-technology company backed by Facebook Inc., has struck its third reported acquisition of the year by...

RP-Sanjiv Goenka Group picks up controlling stake in Vikram Chandra's news platform

TMT

15 July, 2020

RP-Sanjiv Goenka Group picks up controlling stake in Vikram Chandra's news platform

The diversified RP-Sanjiv Goenka Group has picked up a 51% stake in Editorji Technologies Pvt. Ltd, an artificial intelligence-driven...

Wipro to acquire Brazilian IT services provider

TMT

14 July, 2020

Wipro to acquire Brazilian IT services provider

Indian information technology provider Wipro Ltd will fully acquire Brazilian IT company IVIA Servicos de Informatica Ltda for...

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