M&A
TMT
Uber rival Grab acquires Indian mobile payments startup iKaaz
Southeast Asian ride-hailing firm Grab has acquired Bengaluru-based payments startup iKaaz to help expand its digital payments platform GrabPay.The flexibility ......
Manufacturing
Blackstone-backed SH Kelkar to buy Italian fragrance firm
SH Kelkar & Company Ltd, which counts Blackstone Capital Partners as its chief private equity backers, has received ......
General
Ruias may rope in VTB, SSG for Essar Steel; Jhunjhunwala, Damani eye Binani Cement
Essar Steel promoters, the Ruia Group, are planning to set up a consortium to retain control of the debt-laden company, ......
Finance
Indian bank in race for Deutsche Bank's local retail and wealth biz
An Indian lender is in talks to acquire the retail and wealth management business of Germany’s Deutsche Bank, two people ......
Finance
IDFC Bank, Warburg-backed Capital First to merge in $1.5 bn deal
IDFC Bank Ltd, one of India’s two newest banks, will acquire non-bank financial firm Capital First Ltd in a share ......
TMT
Videocon d2h, Dish TV merger in rough waters
The proposed merger between Videocon d2h Ltd and Dish TV India Ltd maybe in danger of being called off, following ......
Manufacturing
Shree Cement to acquire majority stake in UAE's Union Cement
Shree Cement Ltd has agreed to buy a majority stake in the UAE-based Union Cement Company in its first takeover ......
TMT
Accenture to acquire Game of Thrones' visual effects creator Mackevision
Technology giant Accenture has agreed to acquire Stuttgart, Germany-based Mackevision, a company that produces 3D-enabled content and is known for ......
General
PE firms seek stake in Can Fin Homes; Drugmakers eye Sanofi's EU generics biz
Private equity firms TPG Capital, Bain Capital and Baring Private Equity Asia are in preliminary discussions with public sector lender ......
TMT
InMobi buys US-based AerServ for $90 mn
Mobile ad-tech firm InMobi has acquired Los Angeles-based AerServ, which deals with inventory and audience monetisation technology for mobile publishers, ......