M&A
Finance
Reliance Capital to exit securities broking business after management buyout
Businessman Anil Ambani-led Reliance Capital Ltd said on Friday it has signed a pact to sell Reliance Securities Ltd’s broking...
Infrastructure
Embassy Group to retain 14% stake in Indiabulls' real estate business
Real estate developer Embassy Group is planning to retain its 14% stake in Indiabulls Real Estate Ltd even though the ......
TMT
Softbank-backed C2FO acquires payment platform Priority Vendor
US-based fintech firm C2FO, which operates a marketplace that provides working capital to companies and counts India as its fastest-growing...
Finance
RBI blocks merger of Lakshmi Vilas Bank with Indiabulls Housing
Indian lender Lakshmi Vilas Bank Ltd (LVB) said on Wednesday the central bank had not approved its merger with Indiabulls ......
Healthcare
Wellness Forever in talks with investors for morphing pharma chain into lifestyle biz
Mumbai-based Wellness Forever Medicare Pvt. Ltd is in discussions to sell a minority stake, two people in the know told ......
Manufacturing
Minda Industries snaps up German engineering firm Delvis
Auto parts maker Minda Industries Ltd has signed a definitive agreement to fully acquire Germany-based automotive lamps engineering,...
Finance
Sachin Bansal's proposal to acquire Essel Mutual Fund gets CCI nod
Flipkart co-founder Sachin Bansal has received approval of the Competition Commission of India (CCI) to acquire Essel Mutual Fund,...
Finance
Audit and consultancy firm MA Parikh & Co merges into NA Shah Associates
Mid-sized accountancy firm NA Shah Associates LLP said on Thursday it has consolidated its position by merging Mumbai-based MA...
Infrastructure
Shell picks up 20% stake in solar power firm Orb Energy
Global energy giant Royal Dutch Shell Plc has acquired a stake of almost 20% in Orb Energy Pvt. Ltd, a ......
Finance
Religare to sell NBFC unit to TCG Advisory for $46.5 mn
Religare Enterprises Ltd is selling its entire stake in non-banking financial company Religare Finvest Ltd to asset management...