M&A
TMT
Reliance-controlled Haptik acquires conversational commerce startup
Haptik Inc., an artificial intelligence-based conversational platform controlled by Reliance Industries Ltd, has acquired Buzzo.ai,...
Healthcare
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...
Finance
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...
Infrastructure
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 ......
TMT
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 ......
Finance
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 ......
Healthcare
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. ......
Consumer
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 ......
Healthcare
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...
Infrastructure
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...
