M&A
Finance
Religare to sell NBFC, housing finance unit to TCG; shares jump
Religare Enterprises Ltd, a diversified financial services group, has entered into a binding term sheet to sell its small and...
TMT
Zomato acquires non-profit food donation firm Feeding India
Zomato Media Pvt. Ltd has acquired non-profit food donation startup Feeding India, the food delivery and restaurant search firm’s...
TMT
VC-backed Milkbasket acquires e-grocer PSR Supply Chain
Gurugram-based startup Milkbasket, which does sourcing to last-mile delivery of grocery, on Tuesday said it has acquired e-grocer...
Manufacturing
Adhunik Metaliks goes into liquidation as Liberty House fails to pay up
The National Company Law Tribunal (NCLT) has ordered the liquidation of Adhunik Metaliks Ltd and unit Zion Steel after the ......
TMT
Walmart's tech arm acquihires Indian startups FloCare, BigTrade
Walmart Labs, the technology arm of United States-based multinational retail giant Walmart, has acquihired two India-based startups...
TMT
Fintech firm PayNearby acquires We Care to enter insurance broking sector
Hyperlocal financial technology company PayNearby said on Monday it has entered the insurance broking sector by acquiring We Care...
Manufacturing
BASF to sell laundry-whiteners' business to Archroma
Germany-based chemicals producer BASF SE’s India unit has signed a pact to sell its business of optical brighteners that...
People
Mindtree CEO, two founders quit after L&T completes takeover
Mindtree Ltd said on Friday that chief executive officer Rostow Ravanan and founders Krishnakumar Natarajan and NS Parthasarathy...
Infrastructure
Adani to get another chance for Dighi Port as JNPT withdraws bid
State-owned Jawaharlal Nehru Port Trust (JNPT) has withdrawn its bid to buy debt-laden Dighi Port Ltd after an insolvency court...
Manufacturing
NCLAT ruling moves ArcelorMittal a step closer to Essar Steel takeover
An Indian court on Thursday rejected a petition challenging ArcelorMittal SA's proposed takeover of debt-ridden Essar Steel,...
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