M&A
TMT
Airtel picks up stake in fitness startup through accelerator programme
Indian telecommunications major Bharti Airtel Ltd has picked up a stake in Spectacom Global Pvt. Ltd, a fitness-focused startup,...
TMT
Infosys writes off investment in Waterline as third startup bet turns sour
India-based multinational information technology services provider Infosys Ltd. has written off its investment in a United States...
Finance
Goldman Sachs is ‘very open' to acquisitions, says CFO
Goldman Sachs Group Inc Chief Financial Officer Stephen Scherr said on Tuesday the bank is "very open" to acquisitions,...
Manufacturing
JSW's Sajjan Jindal eyes another stressed assets target, set to buy steel firm
Billionaire Sajjan Jindal-owned JSW Projects Ltd is close to sealing a deal for a majority stake in a distressed steelmaker, ......
Finance
ART Housing Finance on the block as beleaguered Yes Bank promoter family starts axing businesses
ART Housing Finance is one of the few businesses owned by Yes Bank promoter’s family to go on the block, ......
Finance
‘No question' of Yes Bank merging with SBI, says administrator
India’s Yes Bank will not be merged with State Bank of India, which is set to infuse funds in the ......
Finance
SBI may take up to 49% stake in Yes Bank under RBI bailout plan
The Reserve Bank of India (RBI) has outlined a scheme to revive Yes Bank that proposes State Bank of India ......
Infrastructure
As Adani lumbers towards Dighi Port acquisition, promoter cries foul
The bankruptcy tribunal has okayed Adani Ports and Special Economic Zone Ltd’s resolution plan for debt-laden Dighi Port...
Consumer
Reliance Retail to acquire Tamil Nadu-based department store chain
Reliance Retail Ventures Ltd, a unit of billionaire Mukesh Ambani-led Reliance Industries Ltd, has acquired Coimbatore, Tamil...
TMT
Creditors okay Mukesh Ambani, UV ARC's resolution plans for R-Com, subsidiaries
A creditor panel led by the State Bank of India has okayed the bankruptcy resolution plans of Mukesh Ambani-owned Reliance ......
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