M&A
Finance
DSP Group to buy out BlackRock's 40% stake in joint venture
Financial services firm DSP Group on Monday said it will buy out BlackRock Inc’s 40% stake in joint venture DSP ......
TMT
Infibeam to acquire Snapdeal's tech solutions arm Unicommerce
Infibeam Incorporation Ltd, the parent of the country's only listed e-commerce company, will acquire 100% stake in Unicommerce, the technology ......
Healthcare
TPG-Manipal raises Fortis bid again, offers $313 mn cash infusion
Manipal Hospital Enterprises Pvt. Ltd and its private equity investor TPG Capital have revised their offer for Fortis Healthcare Ltd ......
TMT
Walmart inching closer to Flipkart deal; Accel eyes bumper returns
Flipkart, India's largest e-commerce company, has decided to sell a majority stake to US retail giant Walmart and a deal ......
TMT
Nielsen scouts for acquisition, strategic investment targets in South Asia
Nielsen Holdings, a leading global provider of information and insights into what consumers watch and buy, is seeking to acquire ......
TMT
Cognizant buys Belgium-based Hedera Consulting
Nasdaq-listed IT services major Cognizant has acquired Belgium-based business advisory and data analytics services firm Hedera Consulting for an undisclosed ......
Healthcare
Two Fortis investors may block TPG-Manipal's takeover bid
Two major investors in Fortis Healthcare, who have concerns over the bidding process for the cash-strapped Indian hospital operator, plan ......
TMT
EXL to buy SCIOInspire for $240 mn; Sequoia, Saama to exit
US-based operations management and analytics company ExlService Holdings said it has signed a definitive agreement to acquire West Hartford Connecticut-based ......
Consumer
Yellow Tie Hospitality acquires three restaurant brands
Yellow Tie Hospitality Management LLP, a food and beverage franchise management company, has acquired a controlling stake in three quick-service ......
Manufacturing
NCLT orders Binani Cement's creditors to evaluate UltraTech bid
In the latest twist to Binani Cement Ltd’s takeover proceedings, the Kolkata bench of the National Company Law Tribunal (NCLT) ......
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