M&A
Manufacturing
JSW Steel, NuMetal submit joint bid for Essar Steel
Billionaire Sajjan Jindal-led JSW Steel Ltd said on Monday it has submitted a joint bid with Nu Metal and Steel ......
Manufacturing
Motherson Sumi to acquire Dutch auto-parts maker Reydel for $201 mn
Indian auto-component maker Motherson Sumi Systems Ltd said on Monday it has agreed to acquire the Netherlands-based Reydel Automotive Group ......
Infrastructure
ReNew Power gets CPPIB backing to acquire Actis' green energy platform Ostro
ReNew Power Ventures Pvt. Ltd will acquire rival Ostro Energy Pvt. Ltd from private equity firm Actis, striking the largest ......
Finance
Canara Bank scraps plan to sell housing finance arm
Canara Bank has called off the divestment plan of its home finance arm, Can Fin Homes Ltd, after talks with ......
Healthcare
M&A of the month: Fortis, Manipal stitch $2.3 bn merger but face valuation woes
Refining-to-retail conglomerate Reliance Industries Ltd sealed three merger and acquisition deals in March while a number of other companies fought ......
Finance
Global M&As touch record high in Jan-March
Global mergers and acquisitions (M&A) had their strongest start ever in the first quarter of 2018, totaling $1.2 trillion in ......
Manufacturing
Tata Power to sell defence biz to group firm for $342 mn
Tata Power Co. Ltd said on Thursday it will sell its defence business to Tata Advanced Systems Ltd for 22.30 ......
TMT
Uber-Ola merger talk: What it could mean for consumers, driver partners
The recurrent nationwide strikes by driver partners of Uber and Ola over falling income and long working hours may not ......
Manufacturing
JSW Steel to acquire US mill Acero Junction for $81 mn
Billionaire Sajjan Jindal-led JSW Steel Ltd has agreed to acquire US-based steel mill owner Acero Junction Holdings Inc. for up ......
Infrastructure
Govt kicks off process to sell 76% stake in Air India
India said on Wednesday it plans to sell a controlling stake in Air India along with roughly $5.1 billion of ......