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M&A

Goldman Sachs-backed Dailyhunt buys hyperlocal content platform LocalPlay

TMT

21 June, 2019

Goldman Sachs-backed Dailyhunt buys hyperlocal content platform LocalPlay

Dailyhunt, an online platform which offers news and other content in Indian languages, has acquired hyperlocal-focussed peer LocalPlay...

Canada's Manulife picks up 49% stake in Mahindra's asset management arm

Finance

21 June, 2019

Canada's Manulife picks up 49% stake in Mahindra's asset management arm

Canadian financial services group Manulife has agreed to take a 49% stake in the asset management arm of Mahindra & ......

L&T tightens grip on Mindtree as three top execs get board seats

TMT

20 June, 2019

L&T tightens grip on Mindtree as three top execs get board seats

Larsen & Toubro Ltd (L&T) has secured three seats on the board of Mindtree Ltd as the engineering giant presses ......

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PE-backed Annapurna Finance in talks to snap up microlender

Finance

20 June, 2019

PE-backed Annapurna Finance in talks to snap up microlender

Rural-focussed microfinance institution Annapurna Finance Pvt. Ltd is in talks to acquire a peer with an eye on expanding its...

Sundaram Finance to buy out partner BNP Paribas from housing finance unit

Finance

20 June, 2019

Sundaram Finance to buy out partner BNP Paribas from housing finance unit

Sundaram Finance Ltd (SFL) said on Thursday it has agreed to acquire BNP Paribas Personal Finance’s entire 49.9% stake in...

Fuji Electric to acquire UPS maker Consul Neowatt from Peepul Capital

Manufacturing

20 June, 2019

Fuji Electric to acquire UPS maker Consul Neowatt from Peepul Capital

Fuji Electric Co. Ltd has agreed to acquire Consul Neowatt Power Solutions Pvt. Ltd, a Chennai-based maker of power backup ......

HDFC to acquire majority stake in Apollo Munich Health Insurance

Finance

19 June, 2019

HDFC to acquire majority stake in Apollo Munich Health Insurance

HDFC Ltd said on Wednesday it has agreed to acquire a majority stake in Apollo Munich Health Insurance Co. Ltd ......

Cognizant to buy life sciences firm Zenith Tech

TMT

18 June, 2019

Cognizant to buy life sciences firm Zenith Tech

Nasdaq-listed IT services major Cognizant on Tuesday announced the acquisition of Zenith Technologies, a privately-held life sciences...

Hindustan Platinum to acquire Swiss firm ABB's plant in Puerto Rico

Manufacturing

18 June, 2019

Hindustan Platinum to acquire Swiss firm ABB's plant in Puerto Rico

Precious metals manufacturer and refiner Hindustan Platinum Pvt. Ltd is set to acquire Swiss engineering company ABB’s electrical...

Canara Bank revives plan to sell stake in housing finance arm

Finance

18 June, 2019

Canara Bank revives plan to sell stake in housing finance arm

State-run Canara Bank said on Tuesday it has revived efforts to sell a stake in its home finance subsidiary, more ......

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