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M&A

JSW Steel, NuMetal submit joint bid for Essar Steel

Manufacturing

02 April, 2018

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 ......

Motherson Sumi to acquire Dutch auto-parts maker Reydel for $201 mn

Manufacturing

02 April, 2018

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 ......

ReNew Power gets CPPIB backing to acquire Actis' green energy platform Ostro

Infrastructure

02 April, 2018

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 ......

Canara Bank scraps plan to sell housing finance arm

Finance

02 April, 2018

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 ......

Premium
M&A of the month: Fortis, Manipal stitch $2.3 bn merger but face valuation woes

Healthcare

30 March, 2018

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 ......

Global M&As touch record high in Jan-March

Finance

30 March, 2018

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 ......

Tata Power to sell defence biz to group firm for $342 mn

Manufacturing

29 March, 2018

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 ......

Uber-Ola merger talk: What it could mean for consumers, driver partners

TMT

29 March, 2018

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 ......

JSW Steel to acquire US mill Acero Junction for $81 mn

Manufacturing

29 March, 2018

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 ......

Govt kicks off process to sell 76% stake in Air India

Infrastructure

29 March, 2018

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 ......

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