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M&A

Clinical research firm Lambda to buy US-based Novum

Healthcare

30 January, 2019

Clinical research firm Lambda to buy US-based Novum

Ahmedabad-based Clinical research firm Lambda Therapeutic Research Ltd has agreed to acquire US-based Novum Pharmaceutical Research...

NCLT rejects Ruias' loan settlement offer for Essar Steel

Manufacturing

29 January, 2019

NCLT rejects Ruias' loan settlement offer for Essar Steel

The National Company Law Tribunal (NCLT) has rejected a loan settlement offer by Essar Steel's promoters, in a big blow ......

Jerry Rao and Ideaspring Capital make fresh bets; XSEED buys Report Bee

TMT

29 January, 2019

Jerry Rao and Ideaspring Capital make fresh bets; XSEED buys Report Bee

Kutuki, an early learning content platform for pre-school children, has raised an undisclosed amount in a pre-seed round from...

Strides Pharma to sell Australia biz, buy US and Canadian firms

Healthcare

29 January, 2019

Strides Pharma to sell Australia biz, buy US and Canadian firms

Drugmaker Strides Pharma Science Ltd has agreed to sell its Australian business and buy companies in the US and Canada, ......

Tata Steel to sell majority stake in Southeast Asia biz to China's HBIS

Manufacturing

28 January, 2019

Tata Steel to sell majority stake in Southeast Asia biz to China's HBIS

Tata Steel Ltd said on Monday it has decided to sell a majority stake in its Southeast Asian businesses to ......

Security and Intelligence Services to buy 60% in Henderson for Singapore entry

General

28 January, 2019

Security and Intelligence Services to buy 60% in Henderson for Singapore entry

Security and Intelligence Services (India) Ltd has agreed to buy a 60% stake each in Singapore-based Henderson Security Services...

Everstone-controlled Pan India Food sells restaurant brand Bombay Blue

Consumer

25 January, 2019

Everstone-controlled Pan India Food sells restaurant brand Bombay Blue

Everstone Capital-controlled Pan India Food Solutions Pvt. Ltd has sold casual dining brand Bombay Blue to Yellow Tie Hospitality...

Emami acquires German personal care brand Creme 21

Consumer

25 January, 2019

Emami acquires German personal care brand Creme 21

Fast-moving consumer goods maker Emami Ltd said on Friday it has acquired German personal care brand Creme 21 GmbH as ......

Adhunik Metaliks' lenders seek new buyer as Maharashtra Seamless renews interest

Manufacturing

25 January, 2019

Adhunik Metaliks' lenders seek new buyer as Maharashtra Seamless renews interest

Lenders to bankrupt steelmaker Adhunik Metaliks have requested an additional 12 weeks from the National Company Law Tribunal (NCLT)...

SC deals blow to Ruias, other promoters seeking to regain control of insolvent firms

Finance

25 January, 2019

SC deals blow to Ruias, other promoters seeking to regain control of insolvent firms

The Supreme Court on Friday upheld the two-year-old Insolvency and Bankruptcy Code (IBC) in its entirety, thereby continuing to...

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