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Bank of Baroda to sell Trinidad and Tobago unit to ANSA Merchant Bank

Finance

12 December, 2019

Bank of Baroda to sell Trinidad and Tobago unit to ANSA Merchant Bank

State-run Bank of Baroda has agreed to sell its business in the Caribbean nation of Trinidad and Tobago as part ......

Reliance Industries snaps up VC-backed SaaS firm NowFloats

TMT

12 December, 2019

Reliance Industries snaps up VC-backed SaaS firm NowFloats

Reliance Industries Ltd has acquired a majority stake in software-as-a-service (SaaS) provider NowFloats Technologies Pvt. Ltd...

Cabinet clears changes in bankruptcy law to protect new owners

Finance

11 December, 2019

Cabinet clears changes in bankruptcy law to protect new owners

The Union Cabinet approved on Wednesday a number of changes in the Insolvency and Bankruptcy Code to protect new owners ......

Warburg Pincus-backed Vivtera acquires business process platform in debut deal

TMT

11 December, 2019

Warburg Pincus-backed Vivtera acquires business process platform in debut deal

Warburg Pincus-backed Vivtera, a business process management (BPM) firm, has acquired Arise Virtual Solutions Inc., which is owned...

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Reliance-controlled Embibe set to acquire ed-tech startup, VCs to take haircut

TMT

11 December, 2019

Reliance-controlled Embibe set to acquire ed-tech startup, VCs to take haircut

Ed-tech startup Embibe, which is majority-owned by Reliance Industries Ltd, is in advanced stages of discussion to acquire a peer...

Waheed Alli-owned firm to buy Koovs as Biyani's Future Lifestyle fails to invest

TMT

11 December, 2019

Waheed Alli-owned firm to buy Koovs as Biyani's Future Lifestyle fails to invest

Online fashion retailer Koovs Plc said on Tuesday a company owned by chairman Waheed Alli has acquired its business after ......

Bharat Petroleum privatisation plan draws protest from execs at state-run firms

Manufacturing

10 December, 2019

Bharat Petroleum privatisation plan draws protest from execs at state-run firms

Executives at major state-run Indian companies voiced their opposition to government plans to privatise oil refiner Bharat Petroleum...

HDFC to take full control of education-loan unit Credila

Finance

09 December, 2019

HDFC to take full control of education-loan unit Credila

Housing Development Finance Corp Ltd has proposed to acquire the 9.12% stake it doesn’t already own in education-loan unit...

Tesco, Tata's partner in Trent and Star Bazaar, weighs Asia exit

Consumer

09 December, 2019

Tesco, Tata's partner in Trent and Star Bazaar, weighs Asia exit

Britain's biggest retailer, Tesco, has signalled a further retreat from its once lofty global ambitions by starting a review...

Social commerce firm Mall91 to acquire ERP solutions provider StompMarket

TMT

09 December, 2019

Social commerce firm Mall91 to acquire ERP solutions provider StompMarket

Mall91, a social commerce platform for vernacular users, has said it will acquire enterprise resource planning (ERP) solutions...

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