M&A
General
India's insolvency challenge: Is a resolution in sight?
The auction of debt-laden Essar Steel Ltd suffered a setback Wednesday after its committee of creditors said that ArcelorMittal India ......
Manufacturing
Tata Steel named selected bidder to acquire Bhushan Steel
Tata Steel Ltd's planned acquisition of bankrupt Bhushan Steel Ltd has moved a step closer as the latter's creditors have ......
TMT
Zensar to acquire insurance IT firm Cynosure
Software services firm Zensar Technologies Ltd said it has agreed to acquire US-based insurance IT company Cynosure Inc., along with ......
Infrastructure
Two suitors emerge for L&T's Halol-Shamlaji highway
Two infrastructure companies are in the race to acquire the Halol-Shamlaji highway project in Gujarat, two people familiar with the ......
Infrastructure
Energy Efficiency Services unit buys UK-based Edina for $76 mn
EESL EnergyPro Assets Ltd, a subsidiary of state-run Energy Efficiency Services Ltd (EESL), has acquired UK-based power generation solutions provider ......
Manufacturing
UltraTech inks $1.1 bn pact with Binani Cement's parent challenging Dalmia bid
UltraTech Cement Ltd has agreed to provide Rs 7,266 crore ($1.1 billion) to the parent of Binani Cement Ltd, queering ......
Infrastructure
DP World, NIIF JV to acquire PE-backed Continental Warehousing
Hindustan Infralog Pvt. Ltd, a joint venture between Dubai-based DP World and the National Infrastructure Investment Fund (NIIF), has agreed ......
TMT
Zee Entertainment calls off deal to buy PE-backed 9X Media, INX Music
Zee Entertainment Enterprises Ltd has terminated a deal to acquire 9X Media Pvt. Ltd and its unit INX Music Pvt. ......
Infrastructure
Dalmia Bharat-Bain Piramal fund inch closer to buying Binani Cement
A consortium of Dalmia Bharat Ltd and a fund formed by private equity firm Bain Capital and Piramal Enterprises Ltd ......
Finance
Edelweiss scraps deal to buy Religare's securities business
Edelweiss Financial Services Ltd said on Friday it has terminated a deal to acquire Religare Enterprises Ltd’s retail broking business.The ......
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