M&A
Finance
SBI, Investec to form JV for institutional equities broking
State Bank of India, the nation’s biggest lender, is forming a joint venture with the local arm of South African ......
TMT
Bain-controlled Brillio acquires US-based data insights firm Cognetik
Santa Clara, California-based Brillio, a digital technology consulting and solutions firm, has acquired data insights company...
Consumer
Flipkart to buy stake in Arvind unit behind Flying Machine brand
Online retailer Flipkart has agreed to acquire a minority stake in a subsidiary of Arvind Fashions Ltd that owns the ......
TMT
Nexus Venture Partners scores exit from US portfolio firm Rancher Labs
German software company SUSE Group is acquiring Cupertino, California-headquartered Rancher Labs Inc. in a deal that will help...
Consumer
Family investment vehicle Miadiamante picks up majority stake in craft beer firm
Miadiamante Foods and Beverages Pvt. Ltd has acquired a majority stake in one of the oldest microbreweries in India from ......
Infrastructure
GMR tweaks airport deal with ADP as coronavirus pummels aviation
GMR Infrastructure Ltd has modified a deal to sell a stake in its airports arm to French company Groupe ADP ......
Finance
Virus fears damp M&As in Jan-June but cross-border sales, collapsed deals in focus
The number of mergers and acquisitions (M&As) involving India Inc. declined to the lowest level in at least eight years ......
TMT
Facebook-backed Unacademy acquires medical education platform PrepLadder
Unacademy, an education-technology company backed by Facebook Inc. and Blume Ventures, has acquired medical education platform...
Manufacturing
UltraTech to sell Chinese cement unit for $120 mn
UltraTech Cement Ltd, India’s largest producer of the building material, will sell its entire stake in a Chinese unit for...
TMT
Walmart-backed Ninjacart drops plan to invest in meat delivery startup
Agricultural-technology startup Ninjacart, which counts US retail giant Walmart Inc. as an investor, has scrapped a plan to invest...
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