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M&A

Onerous terms likely to deter Tata Group from bidding for Air India

Infrastructure

11 April, 2018

Onerous terms likely to deter Tata Group from bidding for Air India

India’s steel-to-autos conglomerate Tata Group, widely seen as a potential suitor for Air India, is unlikely to consider a bid ......

TPG-backed Manipal revises offer for Fortis Hospitals, SRL

Healthcare

10 April, 2018

TPG-backed Manipal revises offer for Fortis Hospitals, SRL

Manipal Hospital Enterprises Pvt. Ltd, backed by private equity firm TPG Capital, has raised its takeover offer for the hospital ......

AION-JSW gets Monnet Ispat creditors' final nod for acquisition

Manufacturing

10 April, 2018

AION-JSW gets Monnet Ispat creditors' final nod for acquisition

Debt-laden Monnet Ispat and Energy Ltd said on Tuesday that its committee of creditors has given the final approval for ......

Swiss Aviation Consulting denies bid for Air India assets

Infrastructure

09 April, 2018

Swiss Aviation Consulting denies bid for Air India assets

Aviation advisory firm Swiss Aviation Consulting (SAC) on Monday denied it has expressed interest in buying the debt burdened state-run ......

Tata Chemicals to buy Allied Silica's core business for $18.9 mn

Manufacturing

09 April, 2018

Tata Chemicals to buy Allied Silica's core business for $18.9 mn

Tata Chemicals Ltd has entered into an agreement to acquire the precipitated silica business of Allied Silica Ltd for up ......

Walmart completes due diligence for controlling stake in Flipkart

TMT

06 April, 2018

Walmart completes due diligence for controlling stake in Flipkart

Walmart completed a thorough due diligence process on e-commerce firm Flipkart this week, two sources said, as the U.S. retail ......

Datamatics acquires 75% stake in Manila-based RJ Globus Solutions

TMT

06 April, 2018

Datamatics acquires 75% stake in Manila-based RJ Globus Solutions

Mumbai-based IT company Datamatics Global Services Ltd has acquired a 75% stake in Manila-based BPO firm RJ Globus Solutions Inc. ......

Ballarpur to sell Malaysian unit Sabah Forest for $310 mn

Manufacturing

06 April, 2018

Ballarpur to sell Malaysian unit Sabah Forest for $310 mn

Paper maker Ballarpur Industries Ltd has signed a pact to sell Malaysian unit Sabah Forest Industries Sdn Bhd, its second ......

IndiGo pulls out of race to acquire Air India

Infrastructure

05 April, 2018

IndiGo pulls out of race to acquire Air India

Top Indian carrier Interglobe Aviation Ltd, which operates under the IndiGo brand, said on Thursday it was opting out of ......

Kansai Nerolac Paints to acquire powder coatings maker Marpol for $5.5 mn

Manufacturing

05 April, 2018

Kansai Nerolac Paints to acquire powder coatings maker Marpol for $5.5 mn

Kansai Nerolac Paints Ltd is set to acquire 100% equity in powder coatings maker Marpol Pvt. Ltd for $5.53 million ......

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