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M&A

VC-backed DocsApp acquires doctor-patient engagement platform DocWise

TMT

26 August, 2019

VC-backed DocsApp acquires doctor-patient engagement platform DocWise

Online medical consultation startup DocsApp has made its first acquisition by buying DocWise, a doctor-patient engagement platform,...

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Why liquidation framework remains inadequate despite policy push?

Finance

23 August, 2019

Why liquidation framework remains inadequate despite policy push?

Despite recent changes aimed at improving the liquidation process for bankrupt firms, the dissolution framework does not squeeze...

Lupin to divest Japan injectables biz, other assets to UAE's Neopharma

Healthcare

23 August, 2019

Lupin to divest Japan injectables biz, other assets to UAE's Neopharma

Drugmaker Lupin said it will sell its Japanese injectables business and related assets to a unit of UAE-based pharmaceuticals...

Haldiram Prabhuji acquires The Coffee Bean, Gelato

Consumer

23 August, 2019

Haldiram Prabhuji acquires The Coffee Bean, Gelato

Haldiram Prabhuji, a faction of the Haldiram group which caters to eastern India, has acquired two brands from Everstone Capital...

Amazon picking up 3.5% beneficial stake in Future Retail worth well over $100 mn

Consumer

23 August, 2019

Amazon picking up 3.5% beneficial stake in Future Retail worth well over $100 mn

Ecommerce giant Amazon Inc is picking an indirect stake in Future Retail Ltd that runs hypermarket chain big Bazaar among ......

Shell sells entire holding in Mahanagar Gas for $110 mn

Infrastructure

21 August, 2019

Shell sells entire holding in Mahanagar Gas for $110 mn

Global energy giant Royal Dutch Shell Plc has sold its entire 10% stake in compressed natural gas and piped natural ......

Now, a lenders' takeover of DHFL just short of two regulatory nods

Finance

21 August, 2019

Now, a lenders' takeover of DHFL just short of two regulatory nods

All banks have consented to converting financially-troubled Dewan Housing Finance Corp. Ltd (DHFL)’s debt into equity, and...

Mahindra Finance to acquire majority stake in Sri Lankan NBFC

Finance

20 August, 2019

Mahindra Finance to acquire majority stake in Sri Lankan NBFC

Mahindra & Mahindra Financial Services Ltd has agreed to acquire a majority stake in Sri Lankan non-banking financial company...

Reliance Industries cranks up startup shopping spree with Tesseract deal

TMT

16 August, 2019

Reliance Industries cranks up startup shopping spree with Tesseract deal

Reliance Industries Ltd has acquired Tesseract Imaging Pvt. Ltd, a firm that produces software and hardware for augmented, virtual...

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Jain Irrigation firming up asset sale plan, hires banker

Manufacturing

14 August, 2019

Jain Irrigation firming up asset sale plan, hires banker

Jain Irrigation Systems Ltd is firming up plans to sell non-core assets, as it looks to pare debt and soothe ......

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