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M&A

HCL Technologies to acquire network technology from Cisco for 5G push

TMT

29 May, 2020

HCL Technologies to acquire network technology from Cisco for 5G push

Software services company HCL Technologies Ltd said on Friday it will acquire products and services built on Cisco Systems Inc.’s...

Pradip Burman sells nutraceuticals biz Sanat to German firm's India unit

Consumer

29 May, 2020

Pradip Burman sells nutraceuticals biz Sanat to German firm's India unit

Pradip Burman, the grandson of FMCG major Dabur founder S K Burman, has sold his nutraceutical business Sanat Products Ltd ......

Drugmaker Granules India exits JV with Belgian firm

Healthcare

29 May, 2020

Drugmaker Granules India exits JV with Belgian firm

Hyderabad-based drugmaker Granules India Ltd has completed the exit from Granules OmniChem Pvt. Ltd, an equal joint venture with...

Fairfax-controlled Quess Corp to raise stake in Terrier Security Services

Finance

29 May, 2020

Fairfax-controlled Quess Corp to raise stake in Terrier Security Services

Fairfax-controlled business service provider Quess Corp Ltd’s board has approved to raise its stake in manned guarding and...

Jet Airways racks up long queue of suitors; 3 even come back to propose

Infrastructure

29 May, 2020

Jet Airways racks up long queue of suitors; 3 even come back to propose

Bankrupt Jet Airways (India) Ltd has received expressions of interest from at least eight entities including two financial services...

Morgan Stanley PE-backed stent maker Sahajanand acquires Vascular Concepts

Healthcare

28 May, 2020

Morgan Stanley PE-backed stent maker Sahajanand acquires Vascular Concepts

Sahajanand Medical Technologies Pvt. Ltd has acquired medical devices firm Vascular Concepts Ltd, the stent maker's second...

NTPC keen to buy Reliance Group's Delhi power distribution units

Infrastructure

28 May, 2020

NTPC keen to buy Reliance Group's Delhi power distribution units

India’s largest electricity generator NTPC Ltd said it was interested in buying a majority stake in Reliance Group’s...

Serum Institute parent sells Czech unit to Novavax for $167 mn

Healthcare

27 May, 2020

Serum Institute parent sells Czech unit to Novavax for $167 mn

Cyrus Poonawalla Group, the parent of vaccine developer Serum Institute of India Pvt. Ltd, has sold a Czech unit to ......

IL&FS gets court nod to sell GIFT City stake to Gujarat govt

Infrastructure

27 May, 2020

IL&FS gets court nod to sell GIFT City stake to Gujarat govt

Infrastructure Leasing & Financial Services Ltd (IL&FS) has received an insolvency court’s approval to sell its...

Ola Electric acquires Dutch scooter maker Etergo

TMT

27 May, 2020

Ola Electric acquires Dutch scooter maker Etergo

Ola Electric Mobility Pvt Ltd, a unit of ride-hailing company Ola, has acquired Amsterdam-based electric scooter maker Etergo...

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