M&A
Manufacturing
Texmaco Rail sells 10% stake in defence subsidiary
Texmaco Rail and Engineering Ltd, which is part of the Saroj Poddar-led Adventz Group, has sold a 10% stake in ......
Healthcare
PE-backed Aster DM Healthcare sells loss-making Kuwait subsidiary
Aster DM Healthcare Ltd said it has sold its loss-making subsidiary in Kuwait to local companies as the healthcare operator ......
Finance
Global M&A dwindles as coronavirus batters world's economies
Global mergers and acquisitions activity plunged 28% in the first quarter to its lowest level since 2016 as the devastating ......
Finance
Asia dealmakers look to take-privates, distressed sales as M&As slump to 7-year low
Asia's dealmakers are looking to distressed sales and a pick-up in take-private deals after fallout from the coronavirus outbreak...
TMT
Facebook-backed Unacademy acquires ed-tech startup Kreatryx
Education technology platform Unacademy has acquired Delhi-based online exam preparation startup Kreatryx. Post the acquisition,...
Finance
Insolvency resolution to exclude lockdown period from 330-day time frame
The 330-day time frame for resolution of cases under the Insolvency and Bankruptcy Code (IBC) will now exclude the national ......
Infrastructure
NTPC to buy out govt from two hydel firms
India’s largest power producer, government-owned NTPC Ltd, has said it will acquire entire central government stakes in...
Healthcare
Sanofi extends deadline to sell manufacturing unit to Advent-backed Zentiva
Drugmaker Sanofi India Ltd said on Friday it has extended the deadline to sell a manufacturing unit in Gujarat to ......
Manufacturing
Tata Motors to hive off passenger vehicle biz, may look for tie-ups
Tata Motors Ltd said on Friday it plans to split its passenger vehicle business into a new subsidiary as the ......
Finance
Distressed asset funds smell blood as coronavirus bites businesses
Even as the world trembles from Covid-19 and its effects on the economy, distressed asset investors are shaking with excitement...
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