M&A
TMT
Mobile marketing firm Affle buys omni-channel consumer platform Shoffr
Singapore-based Affle Holdings Pte. Ltd, which provides mobile commerce and marketing solutions for consumers and businesses,...
TMT
Cloud firm Zoho makes first acqui-hire, buys HR-tech startup ePoise Systems
Homegrown enterprise tech firm Zoho has bought Bengaluru-based hiring automation startup ePoise Systems for an undisclosed sum...
Infrastructure
Govt simplifies PSU stake sales, clears plan to revive stressed power projects
India has approved legislation that will simplify the sale of the government's stakes in state-run companies, finance minister...
Consumer
Haldiram's buys snacks maker in third acquisition
Haldiram Snacks Pvt. Ltd, which specialises in ethnic sweets and snacks, has bought a Delhi-based eatables maker, at least three...
TMT
Cognizant buys financial software firm Meritsoft
Nasdaq-listed IT services major Cognizant has announced the acquisition of Irish financial software firm Meritsoft for an undisclosed...
Manufacturing
Grasim to acquire Indian biz of Turkish fabric maker Soktas for $23 mn
Grasim Industries Ltd, part of the Aditya Birla Group, is set to acquire the entire Indian subsidiary of Turkey-based fabric ......
Finance
ICICI Bank to buy minority stake in Kisan Rural Finance
ICICI Bank will acquire a 9.9% stake in non-banking finance company Kisan Rural Finance Ltd for Rs 17.82 crore ($2.5 ......
Finance
IFCI, SIDBI exiting consulting firms to divest non-core assets
State-run lenders IFCI Ltd and Small Industries Development Bank of India (SIDBI) have put their stakes in several consulting...
TMT
Zomato offloading UAE business, marks close of funding round
Food-tech unicorn Zomato Media Pvt. Ltd has inked an agreement to sell its UAE business to Delivery Hero while also ......
Healthcare
Orchid Pharma set for fresh bidding after lngen Capital fails to inject funds
The insolvency resolution professional of debt-laden Orchid Pharma Ltd has again invited expressions of interest from potential...
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