M&A
TMT
Vehicle marketplace Droom acquires NBFC to boost credit business
Droom Technology Pvt. Ltd, an online marketplace for new and used vehicles, has acquired a non-banking financial company to strengthen...
Consumer
Strategic investor looks to exit women footwear brand Catwalk
Kayum Dhanani, promoter of reputed casual dining restaurant chain Barbeque Nation Hospitality Ltd, is looking to sell its stake...
Consumer
Amazon's bid to acquire stake in Future Retail faces antitrust hurdle
India's antitrust body has sought more information from Amazon.com Inc about its planned acquisition of a stake in India's...
TMT
ICICI Lombard to buy SAIF-backed Unbox's software, assets for about $32 mn
ICICI Lombard General Insurance Company Ltd has agreed to acquire the software and assets of Unbox Technologies Pvt. Ltd, which...
TMT
Flipkart backers GIC, Tiger Global take haircut as Singapore's Qoo10 buys ShopClues
When Tiger Global and GIC bet on ShopClues around four years ago they were looking at the huge catalogue of ......
Manufacturing
Fiat Chrysler, Peugeot plan to create world's No.4 carmaker
Fiat Chrysler and Peugeot owner PSA plan to join forces through a 50-50 share swap to create the world’s fourth-largest...
Finance
Former Motilal Oswal exec's investment firm buys stake in Akme Star Housing
An investment firm floated by a former chief executive of Motilal Oswal Group’s housing finance arm has acquired a minority...
Infrastructure
Abu Dhabi's Masdar seeks to acquire minority stake in Hero Group's clean energy arm
Masdar Clean Energy, wholly owned by the Abu Dhabi government’s Mubadala Investment Company, is seeking to acquire a minority...
Manufacturing
Indian steelmakers face debt challenges after snapping up stressed assets
India's biggest steelmakers may be suffering from buyer's remorse as assets they bought from bankrupt rivals stretch their...
TMT
Google owner Alphabet makes offer to acquire Fitbit
Google owner Alphabet Inc has made an offer to acquire U.S. wearable device maker Fitbit Inc, as it eyes a ......