M&A
TMT
Amazon counters Walmart with offer to buy 60% stake in Flipkart: Report
Amazon.com Inc has made a formal offer to buy a 60 percent stake in Indian online retailer Flipkart, CNBC-TV18 reported on ......
TMT
Miraj Cinemas in talks to buy two mid-size multiplex chains
Miraj Entertainment Ltd is in talks to acquire two multiplexes as part of its plans to grow its film exhibition ......
Infrastructure
Kuwait Petroleum in talks to buy stake in Bina refinery
Kuwait Petroleum International (KPI) is in talks to buy 24 percent of the Bina joint venture refinery in central India, ......
Manufacturing
L&T inks $2.1 bn deal to sell electrical and automation biz
Larsen & Toubro Ltd (L&T) has agreed to sell its electrical and automation business to a consortium of France-based Schneider ......
Infrastructure
Govt extends deadline to receive initial bids for Air India
India has extended the deadline to receive initial bids for its stake in state-run carrier Air India to May 31 from May 14, ......
Healthcare
HealthCare Global picks up 12% stake in homegrown stem cell research firm
Bengaluru-based oncology chain HealthCare Global Enterprises Ltd has acquired a 12% equity stake in International Stemcell Services Ltd (ISSL) in ......
TMT
M&M to acquire 10% stake in Canadian technology firm Resson Aerospace
Mahindra and Mahindra Ltd has agreed to invest C$6.63 million ($5.17 million) for a 10% stake in Canadian technology firm ......
Infrastructure
Shree Cement to acquire private railway siding firm for $8.8 mn
The Shree Cement Ltd board has approved the acquisition of a 100% stake in private railway siding operator Raipur Handling ......
Infrastructure
M&A of the month: Bharti Infratel-Indus deal dials in a telecom tower giant
The merger of Bharti Infratel and Indus Tower, which created a behemoth with over 163,000 towers operating across all 22 ......
TMT
New Zealand electronics firm Rakon to buy out Bengaluru's Centum in JV
Bengaluru-based Centum Electronics Ltd has agreed to sell its entire 51% stake in a joint venture with Rakon Ltd to ......
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