M&A
Finance
Piramal Finance to exit Shriram Life, pocket $67 mn from stake sale
Piramal Finance will sell its 14.7% stake in Shriram Life Insurance to Sanlam Emerging Markets (Mauritius) for Rs 600 ......
Finance
Japan's MUFG Bank to buy 20% stake in Shriram Finance in largest foreign NBFC bet
Japan’s MUFG Bank will acquire a 20% stake in Shriram Finance for Rs 39,618 crore ($4.4 billion), marking the largest ......
Economy
India to revamp M&A rules to protect retail investors, expedite deals
India's Securities and Exchange Board (SEBI) plans to amend its merger and acquisition rules, including barring ......
Finance
Japan's MUFG to invest over $4 bn for stake in Shriram Finance
Japan's Mitsubishi UFJ Financial Group (MUFG) is set to invest more than $4 billion for a roughly 20% stake in ......
Finance
Japan's Mizuho to buy majority stake in Avendus from KKR
Redpoint Investments, an affiliate of private-equity giant KKR, will sell its stake in financial services firm Avendus ......
Healthcare
KKR-backed Healthium acquires controlling stake in surgical products maker
Healthium Medtech, a KKR-backed medical device maker that is reportedly raising capital for acquisition-led expansion, ......
Healthcare
GSK Velu-backed Neuberg in advanced stages of buying diagnostic firm
Super-speciality diagnostics chain Neuberg Diagnostics is in advanced stages of picking up a controlling stake in a ......
Manufacturing
Tribunal clears Vedanta's five-way demerger
An Indian tribunal has approved oil-to-metals conglomerate Vedanta's plan to split into five different listed ......
Healthcare
Senores Pharma snaps up Gujarat-based drugmaker to enter UK, Canada markets
Senores Pharmaceuticals Ltd said it has acquired a Gujarat-based pharmaceutical company along with five of its drug ......
Finance
HDFC Bank gets RBI nod to acquire up to 9.5% stake in IndusInd Bank
Indian lender IndusInd Bank said on Tuesday that the country's central bank had approved HDFC Bank to acquire up to ......