M&A
TMT
Reliance to pick up majority stakes in Grab, C-Square
Mukesh Ambani-led Reliance Industries Limited (RIL) has agreed to acquire an 83% majority stake in Mumbai-based hyperlocal delivery...
Consumer
VC-backed QSR chain Kaati Zone set to change hands
Bengaluru-based quick-service restaurant chain Kaati Zone is set to get a new owner in a development that will help it ......
Manufacturing
Motherson Sumi to buy Bombardier's UK electrical component, systems biz
Auto-component maker Motherson Sumi Systems Ltd said on Friday it will acquire Bombardier Transportation (Rolling Stock) UK Ltd’s...
TMT
Exclusive: ARC emerges as front runner to take over debt-ridden Aircel
An asset reconstruction company is on track to take over debt-laden telecom firm Aircel, a person familiar with the development...
Infrastructure
France's Engie to pull out of 20 countries but sharpen focus on India
French gas and power utility Engie will pull out of about 20 countries in the next three years and target ......
Consumer
Future Retail inks pact to bring 7-Eleven convenience stores to India
Future Retail Ltd, part of the Kishore Biyani-led Future Group, has signed a master franchise agreement with US-headquartered...
TMT
Wipro to sell two cloud businesses to Alight for $110 mn
Wipro Ltd, India's third-largest software services exporter, has agreed to sell two of its cloud-based businesses to US-based...
Consumer
Everstone-backed S Chand takes full control of Kolkata publisher
Education-focussed publishing house S Chand & Company Ltd has acquired the 26% stake it didn’t already own in a Kolkata-based...
TMT
Fairfax-controlled Thomas Cook acquires digital imaging solutions firm
Listed travel company Thomas Cook (India) Ltd said on Monday that it will buy a majority stake in Dubai-based digital ......
Manufacturing
JBM acquires majority stake in Germany's Linde-Wiemann
Auto-component supplier JBM Group said on Monday it has acquired a majority stake in Germany’s Linde-Wiemann GmbH KG as part ......