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M&A

InCred to acquire L&T Finance's West Asian wealth management biz

Finance

15 November, 2019

InCred to acquire L&T Finance's West Asian wealth management biz

InCred Capital has agreed to acquire 100% stake in the West Asian wealth management business of L&T Finance Holdings, the...

Supreme Court clears decks for ArcelorMittal to buy Essar Steel

Manufacturing

15 November, 2019

Supreme Court clears decks for ArcelorMittal to buy Essar Steel

The Supreme Court has cleared the decks for global steel giant ArcelorMittal SA’s Rs 42,000 crore ($5.85 billion) acquisition of ......

TeamLease continues to boost IT chops with another acquisition this year

TMT

13 November, 2019

TeamLease continues to boost IT chops with another acquisition this year

Staffing company TeamLease Services Ltd on Wednesday said it has bought a majority stake in Dehradun-based IMSI Staffing Pvt....

ITC to pick up over 33% stake in Azgo vending machine maker

Consumer

13 November, 2019

ITC to pick up over 33% stake in Azgo vending machine maker

Biscuits-to-cigarettes maker ITC Ltd has agreed to acquire a stake of up to 33.42% in Delectable Technologies Pvt. Ltd, which...

Bessemer Venture-backed Perfios grabs intellectual assets of FintechLabs

TMT

13 November, 2019

Bessemer Venture-backed Perfios grabs intellectual assets of FintechLabs

Perfios Software Solutions Pvt. Ltd, a Bengaluru-based product technology company operating in the financial technology (fintech)...

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Exclusive: PE-backed firm in talks to buy Emami's Bhubaneshwar hospital

Healthcare

13 November, 2019

Exclusive: PE-backed firm in talks to buy Emami's Bhubaneshwar hospital

Cosmetics-to-paper conglomerate Emami Group, which has been working on divesting its non-core assets, has reached an advanced...

IL&FS gets creditors' nod for sale of education business to Career Point Publications

Consumer

12 November, 2019

IL&FS gets creditors' nod for sale of education business to Career Point Publications

Infrastructure Leasing & Financial Services (IL&FS) has got approval to sell its majority holding in Schoolnet India Ltd...

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IL&FS gets one offer for back-office arm, seeks more bids

Finance

11 November, 2019

IL&FS gets one offer for back-office arm, seeks more bids

Infrastructure Leasing & Financial Services Ltd (IL&FS) has received one offer for its stake in a back-office services...

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Haldiram's big-ticket move to enter dairy business hits a hurdle

Consumer

08 November, 2019

Haldiram's big-ticket move to enter dairy business hits a hurdle

Haldiram Snacks Pvt. Ltd’s plan to acquire a dairy company has run into a roadblock after the insolvent firm’s lenders...

Raymond to demerge flagship lifestyle business

Manufacturing

07 November, 2019

Raymond to demerge flagship lifestyle business

Mumbai-based textile and apparel maker Raymond Ltd on Thursday announced the demerger of its core lifestyle business into a separate...

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