M&A
Manufacturing
L&T to offload entire stake in Kobelco Machinery to JV partner
Engineering giant Larsen & Toubro Ltd (L&T) has decided to offload its entire 51% stake in subsidiary L&T Kobelco...
TMT
Amazon opts for dual-class share structure in More buyout
E-commerce giant Amazon has resorted to a dual-class share regime to buy a minority stake in the entity that has ......
Consumer
Retail giant in talks to buy Aavishkaar-backed e-commerce firm Jaypore
Jaypore E-Commerce Pvt. Ltd, which runs an eponymous e-commerce marketplace selling ethnic items, is in talks to sell a majority...
Finance
RBI tweaks bad loans divergence norms
The Reserve Bank of India (RBI) said on Monday banks should disclose bad loan divergences if the additional provisioning has ......
Consumer
Titan pumps up CaratLane's valuation three years after buying out Tiger Global
Titan Co. Ltd, the Tata Group’s watch and jewellery retailing arm, is increasing its stake in Carat Lane Trading Pvt. ......
TMT
PropTiger, Housing.com parent snaps up home rental startup FastFox
Elara Technologies Pte. Ltd, the owner of property portals Housing.com, Makaan.com and PropTiger.com, announced on Monday that...
Finance
PE firms hunt for lucrative deals as Asia M&A set to pick up pace
Dealmaking in Asia has had its slowest start to the year since 2014, even as bankers continue to look ahead ......
TMT
Reliance Jio set to buy majority stake in Times Internet-backed chatbot firm Haptik
A unit of Reliance Industries Ltd is set to acquire artificial intelligence-based conversational platform Haptik as the Mukesh...
Infrastructure
Shapoorji Pallonji Group firm to buy embattled Unitech's power transmission biz
Debt-laden Unitech Ltd, which remains enmeshed in a long-drawn legal battle to repay disgruntled home buyers, is selling its power...
TMT
Infosys to buy majority stake in ABN AMRO's mortgage services unit for $143 mn
ABN AMRO will continue to hold the remaining 25% stake, the statement added....
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