M&A
Finance
Singapore fintech firm oCap invests in Chennai NBFC for India expansion
Singapore-based fintech firm oCap Management Pte Ltd has picked up a minority stake in a Chennai-based non-banking financial company...
Consumer
After Hamleys, Reliance looks for more overseas retail acquisitions
India’s Reliance Industries Ltd is looking to buy fashion and child-focused retailers abroad and partner with global sports...
Manufacturing
Toyota affiliate paying premium to buy stake in Vardhman Special Steels
Aichi Steel Corporation, a Japanese steelmaker and an affiliate of automaker Toyota Motor Corp, has agreed to acquire a minority...
Manufacturing
NCLT approves JSW's $2.7-bn bid for Bhushan Power & Steel
The National Company Law Tribunal (NCLT) has approved billionaire Sajjan Jindal-led JSW Steel Ltd’s offer of Rs 19,700 crore...
Manufacturing
US sues to stop Hindalco unit Novelis' $2.6-bn purchase of Aleris
The U.S. Justice Department on Wednesday filed a lawsuit aimed at stopping Novelis Inc's proposed $2.6 billion purchase of...
Infrastructure
Jet Airways' creditors to recover only $300-400 mn in liquidation scenario
Creditors of India’s bankrupt Jet Airways (JET.NS) are likely to recover less than 10% of the carrier’s total outstanding...
Consumer
Singapore company acquires India business of TGI Friday's
Bistro Hospitality, the India joint venture partners of US restaurant chain TGI Fridays, has sold its controlling stake to Singapore-based...
Finance
State Bank of India looks to exit financial services company
State Bank of India (SBI), the country's largest lender, has started a process to exit its six-year-old investment in a ......
TMT
OYO acquires Copenhagen-based data science company Danamica
OYO Hotels & Homes has acquired Danamica, a Copenhagen-based data science company which specialises in dynamic pricing, the...
Consumer
Nalanda Capital-backed TTK Prestige to buy majority stake in Australia's Ecolife
Kitchen appliances maker TTK Prestige Ltd said on Friday it has agreed to acquire a majority stake in Australia’s Ecolife...
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