M&A
TMT
Reliance-controlled Haptik acqui-hires US AI startup Convrg
Haptik Inc., an artificial intelligence-based conversational platform controlled by Reliance Industries Ltd, has acqui-hired Los...
Manufacturing
Reliance Industries, Saudi Aramco talks on stake sale stall
India’s Reliance Industries talks to grant a minority stake in its refining assets to Saudi Aramco have hit a roadblock...
General
Should Indian companies strike a big M&A or follow a string-of-pearls strategy?
As Indian companies grow big they face the question of whether to buy a large asset or strike a number ......
Manufacturing
Supreme Court orders status quo on Essar Steel's sale to ArcelorMIttal
The Supreme Court on Monday put on hold the sale of debt-laden Essar Steel to ArcelorMittal for Rs 42,000 crore. A ......
Infrastructure
IL&FS inches closer to selling wind energy assets to Orix
Infrastructure Leasing & Financial Services Ltd (IL&FS) has received approval from a court-appointed judge to sell its...
Healthcare
OrbiMed-backed Eurolife acquires Teva's European intravenous infusion plant
Indian pharmaceuticals firm Eurolife Healthcare Pvt. Ltd on Friday said it has acquired the European intravenous infusions plant...
TMT
Ritesh Agarwal to triple stake in SoftBank-backed OYO for $2 bn
Indian hospitality startup Oyo Founder Ritesh Agarwal raised his stake in the company with a $2 billion buyback, in a ......
TMT
Sequoia, Nexus-backed unicorn Druva acquires cloud data firm CloudLanes
Cloud data protection and management startup Druva Inc., has acquired US-based cloud protection firm CloudLanes for an undisclosed...
General
Cabinet's changes to bankruptcy law spark hope for improved, faster resolutions
The Cabinet’s approval of several changes to the bankruptcy law, such as increasing the resolution period to 330 days and...
TMT
Ebix signs pact to acquire Yatra, plans EbixCash IPO
Software firm Ebix Inc. said on Wednesday it has signed a definitive agreement to acquire Nasdaq-listed Yatra Online Inc. in ......