M&A
Healthcare
Troubled US pharma firm Akorn selling stalled India business
US-based generics company Akorn, Inc., which earlier this year filed for protection from creditors under American bankruptcy law,...
Healthcare
After buyout by KKR, JB Chemicals snaps up local firm's pharma business
JB Chemicals & Pharmaceuticals Ltd, in which global private equity giant KKR is set to acquire a controlling stake, has ......
Manufacturing
Once-iconic textile firm enters bankruptcy to weave its way out of crisis
A textile company that owns a once-iconic saree brand is the latest to enter bankruptcy proceedings after a Mumbai-based asset...
Manufacturing
US hedge fund gets court approval to buy bankrupt Amtek Auto
US-based hedge fund Deccan Value Investors LP has received court approval to buy bankrupt auto component maker Amtek Auto Ltd...
Infrastructure
Jet Airways lenders extend bid deadline once again
Lenders to Jet Airways (India) Ltd have yet again extended the deadline to bid for the bankrupt carrier. The airline’s...
TMT
Accel-backed app testing platform BrowserStack snaps up US firm Percy
BrowserStack Inc., which operates a web and mobile application testing platform, has acquired the United States-based visual testing...
TMT
SaaS unicorn Freshworks acquires cloud management platform Flint
Software-as-a-services company Freshworks Inc. has acquired cloud management platform Flint, a Singapore- and India-based firm...
Infrastructure
Chennai builder Casagrand's co-promoters to split; Arun MN to buy out partner's stake
It will officially be a split-up for the two founders of Chennai-based real estate developer Casagrand in a few months, ......
Manufacturing
Mubadala outplays Essar to negotiate with Petrobras for Brazilian refinery
Abu Dhabi's investment fund Mubadala Investment Co will enter into exclusive talks with Petrobras to purchase Brazil's...
Infrastructure
BP pays Reliance $1 bn to set up petrol station venture
BP has paid Reliance Industries $1 billion to set up a joint network of thousands of petrol stations across India ......