M&A
Infrastructure
Hitachi to acquire ABB's power grids business in $11 bn deal
ABB will sell a majority stake in its Power Grids division to Japan’s Hitachi and return the proceeds to shareholders, ......
Healthcare
IHH Healthcare puts open offer for Fortis on hold after SC ruling
Malaysia's IHH Healthcare Bhd said on Monday its open offer to buy an additional 26 percent stake in Fortis Healthcare ......
Manufacturing
Adani Enterprises buys stake in defence electronics firm Alpha Design
Adani Enterprises Ltd has picked up an undisclosed stake in Bengaluru-based defence electronics and avionics firm Alpha Design...
Healthcare
SC puts Fortis sale to IHH on hold over plea against Singh brothers
Shares of Fortis Healthcare Ltd posted its biggest intraday fall in over 8-1/2 months after a CNBC TV18 report said ......
TMT
Walmart India's R&D arm absorbs personnel at machine learning startup Int.ai
Walmart Labs, the product development centre of the US retail giant, is absorbing the entire team from machine learning startup...
Infrastructure
Neev Fund-backed Blue Planet buys organic waste processing firm Yasasu EMS
Singapore-based waste management company Blue Planet Environmental Solutions has acquired Mumbai-based organic waste processing...
TMT
Cognizant acquires content firm Mustache to mark sixth buyout of 2018
Nasdaq-listed Cognizant Technology Solutions has acquired Mustache, a privately-held video content firm, the company said in a...
Finance
US pension fund TIAA buys stake in social impact investor Aavishkaar-Intellecap
Pension fund Teachers Insurance and Annuity Association of America (TIAA) has invested around $32 million (Rs 230 crore) for about...
Finance
IDFC invites fresh bids for broking & investment banking unit
Listed non-banking financial company IDFC Ltd has invited fresh bids for its securities broking and investment banking business...
Manufacturing
SAIF Partners-backed KDDL to acquire Swiss watch hands maker Estima
Chandigarh-based KDDL Ltd, a manufacturer of watch components, has agreed to acquire Switzerland-based watch hands maker Estima...
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