M&A
Finance
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...
Manufacturing
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 ......
TMT
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....
Consumer
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...
TMT
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)...
Healthcare
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...
Consumer
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...
Finance
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...
Consumer
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...
Manufacturing
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...