M&A
TMT
PE-backed Updater Services buys smaller firm with higher margins to diversify biz
Updater Services Pvt. Ltd, which is backed by Motilal Oswal Private Equity, has acquired a majority stake in an outsourcing ......
Consumer
Flipkart in talks to buy grocery chain Namdhari's Fresh: Report
Walmart Inc-owned e-commerce firm Flipkart is in talks to buy Indian grocery chain Namdhari's Fresh, CNBC-TV18 reported on...
Infrastructure
NBCC gets govt backing for revised offer to take over Jaypee Infratech
State-owned NBCC (India) Ltd said on Wednesday it has received the government's approval for its revised offer to take over...
Manufacturing
Ruchi Soya lenders approve Patanjali Ayurved's revised takeover offer
Lenders to Ruchi Soya Industries Ltd have approved a revised offer by Patanjali Ayurved Ltd, the consumer goods company backed...
TMT
SoftBank-backed OYO buys @Leisure Group in biggest overseas deal by an Indian startup
Hospitality chain OYO has acquired a majority stake in European vacation rental company @Leisure Group from Germal media house...
TMT
L&T buys VG Siddhartha's 20% stake in Mindtree for $461 mn
Engineering and construction conglomerate Larsen & Toubro Ltd on Tuesday acquired a 20% stake in Bengaluru-based IT services...
Consumer
Firmenich acquires VKL Seasoning to give True North second exit of 2019
Switzerland-headquartered fragrance and flavours major Firmenich SA announced on Tuesday that it has acquired a majority stake...
TMT
MakeMyTrip buys majority stake in Quest2Travel to grow corporate travel biz
MakeMyTrip Ltd said on Tuesday it has acquired a majority stake in Mumbai-based Quest 2 Travel.com India Pvt. Ltd, an ......
Infrastructure
KKR to acquire India Grid InvIT manager in big bet on power sector
Global investment firm KKR & Co Inc is leading a deal to acquire a controlling stake in India Grid Trust ......
Finance
NBCC asks Jaypee Infratech's resolution professional to consider takeover bid
State-owned NBCC (India) Ltd, formerly National Buildings Construction Corporation Ltd, has asked the interim bankruptcy resolution...
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