M&A
Finance
Amid RCom woes, Reliance Capital looks to sell stake in mutual fund biz
Reliance Capital Ltd, the diversified financial services firm promoted by the Anil Ambani-led Reliance Group, has offered to offload...
TMT
Blockchain firm Zebi buys peer Element42
Telangana-based blockchain company Zebi has acquired its Bengaluru-based peer Element42, for an undisclosed amount, a company...
Infrastructure
ArcelorMittal makes bid to acquire Essar's Mahan power plant
ArcelorMittal SA, the world’s biggest steelmaker, has bid 48 billion rupees ($673 million) to acquire Essar’s 1200...
Manufacturing
Grasim to buy chemicals biz of KPR Industries for $35 mn
Grasim Industries Ltd, a part of the Aditya Birla Group, on Monday announced that it had signed a definitive agreement ......
TMT
Intel acqui-hires Indian chipmaker Ineda Systems
US-headquartered technology giant Intel Corporation has acqui-hired Ineda Systems, a Hyderabad-based startup which manufactures...
Consumer
Varun Beverages a step closer to pan-India ownership of PepsiCo franchisee rights
Varun Beverages Ltd said on Monday that its board has approved a plan to acquire beverage giant PepsiCo India’s franchisee...
Infrastructure
GMR explores spinning off airport business, gets investment proposals
GMR Infrastructure Ltd has formed a sub-committee of its board to look into the possibility of spinning off its airport ......
Finance
Five-year outlook a must for chasing stressed assets: Panellists at VCCircle LP summit
Timely due diligence, better visibility of risks and quality information about distressed companies can help fund managers and...
TMT
Insurance software firm Ebix buys majority stake in travel tech platform Zillious
Nasdaq-listed insurance software firm Ebix Inc. has acquired 80% stake in travel technology company Zillious Solutions Pvt. Ltd...
TMT
L&T Infotech to acquire Germany's Nielsen+Partner
Larsen & Toubro Infotech Ltd said on Thursday it has agreed to acquire German IT consulting and software services company...