M&A
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...
Finance
Govt unveils big-bang plan to merge state-run banks
The government will merge 10 state-run banks into four as part of a big consolidation drive to clean up the ......
Infrastructure
Adani to acquire Essel's solar energy projects for $181 mn
Billionaire Gautam Adani-controlled Adani group said on Thursday it will acquire 10 operating solar energy assets of the beleaguered...
TMT
Bharti Airtel unit's merger deal with Telkom Kenya runs into regulatory wall
Kenya's anti-corruption commission said on Wednesday it had suspended a planned merger of Airtel Kenya with partly state-owned...
Finance
General Atlantic-backed IIFL Wealth to buy L&T Finance's wealth management biz
IIFL Wealth Management Ltd said on Wednesday it has agreed to acquire the wealth management arm of L&T Finance Holdings ......
Finance
LGT acquires impact investor Aspada from Soros fund
Swiss investor LGT has acquired Aspada, an India-focused impact investment fund, to expand its impact investing platform LGT Lightstone. LGT...
TMT
Cisco to acquire VC-backed tech startup CloudCherry
American technology firm Cisco Systems Inc. has agreed to acquire venture capital-backed Chennai- and US-based software-as-a-service...
Manufacturing
CG Power plans to offload non-core assets, raise fresh funds
Avantha Group company CG Power and Industrial Solutions Ltd is considering to offload its non-core assets and an equity fund ......
Infrastructure
Jet Airways lenders extend deadline for initial offers again
Lenders to Jet Airways (India) Ltd have yet again extended the deadline to receive expressions of interest from potential bidders...
Healthcare
Strides Pharma buys Micelle BioPharma's manufacturing facility in US
Drugmaker Strides Pharma Science Ltd said on Tuesday it has acquired a manufacturing facility in Florida from Micelle BioPharma...
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