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M&A

Reliance-controlled Haptik acquires conversational commerce startup

TMT

24 September, 2019

Reliance-controlled Haptik acquires conversational commerce startup

Haptik Inc., an artificial intelligence-based conversational platform controlled by Reliance Industries Ltd, has acquired Buzzo.ai,...

Biocon buys Pfizer's R&D facility to boost biosimilars development

Healthcare

24 September, 2019

Biocon buys Pfizer's R&D facility to boost biosimilars development

Indian biotechnology firm Biocon Ltd on Tuesday said it has acquired a Chennai-based research and development (R&D) facility...

Allianz, Nippon in race to buy Aviva's Asia units for up to $2.5 bn

Finance

24 September, 2019

Allianz, Nippon in race to buy Aviva's Asia units for up to $2.5 bn

German insurer Allianz (ALVG.DE), Nippon Life and MS&AD Insurance (8725.T) are vying with rivals to buy the Singapore and...

Govt aims to sell Air India, other firms by March 2020: Official

Infrastructure

23 September, 2019

Govt aims to sell Air India, other firms by March 2020: Official

India aims to sell two or three state-owned firms to local or foreign firms to raise up to 600 billion ......

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PE-backed Updater Services strikes second acquisition this year

TMT

20 September, 2019

PE-backed Updater Services strikes second acquisition this year

Updater Services Pvt. Ltd (UDS), which is backed by Motilal Oswal Private Equity, has acquired a majority stake in a ......

Rana Kapoor family firm pares stake in Yes Bank

Finance

20 September, 2019

Rana Kapoor family firm pares stake in Yes Bank

Morgan Credits Pvt. Ltd, owned by Yes Bank Ltd co-founder Rana Kapoor’s family, has sold a 2.3% stake for Rs ......

Stelis to sprout sterile injectables arm again as Strides retakes biosimilar firm

Healthcare

20 September, 2019

Stelis to sprout sterile injectables arm again as Strides retakes biosimilar firm

Strides Pharma Science Ltd on Friday said it will pump $40 million (Rs 284.6 crore) more into Stelis Biopharma Pvt. ......

Godrej Consumer increases stake in two overseas units

Consumer

20 September, 2019

Godrej Consumer increases stake in two overseas units

Godrej Consumer Products Ltd (GCPL) has increased its stake from 90% to 95% in two Mauritius-based units - Godrej West ......

Warburg Pincus-backed Laurus Labs buys South African firm

Healthcare

18 September, 2019

Warburg Pincus-backed Laurus Labs buys South African firm

Indian pharmaceuticals company Laurus Labs Ltd on Wednesday said it has acquired a wholly owned unit of South Africa-based Aspen...

Govt open to selling part of Air India to foreign airline

Infrastructure

18 September, 2019

Govt open to selling part of Air India to foreign airline

India’s government is open to selling a partial stake in debt-laden state-run carrier Air India to a foreign airline, people...

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