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M&A

Bankrupt Murli Industries' creditors approve acquisition plan by Dalmia Bharat

Manufacturing

21 December, 2017

Bankrupt Murli Industries' creditors approve acquisition plan by Dalmia Bharat

The plan submitted by Dalmia Bharat Ltd for acquiring debt-laden Murli Industries Ltd has been approved by Murli’s creditors.Murli Industries ......

Adani Transmission to buy Reliance Infra's Mumbai power biz for $1.9 bn

Infrastructure

21 December, 2017

Adani Transmission to buy Reliance Infra's Mumbai power biz for $1.9 bn

Reliance Infrastructure Ltd has signed a pact with Adani Transmission Ltd to sell its Mumbai power business, which includes generation, ......

Tendulkar-backed Smartron buys into home automation startup MiQasa

TMT

20 December, 2017

Tendulkar-backed Smartron buys into home automation startup MiQasa

Hyderabad-based Internet of Things firm and devices maker Smartron India Pvt. Ltd said on Wednesday it has picked up a ......

Strides Shasun to acquire controlling stake in South Africa's Trinity Pharma

Healthcare

20 December, 2017

Strides Shasun to acquire controlling stake in South Africa's Trinity Pharma

Drugmaker Strides Shasun Ltd has agreed to acquire a 55% stake in South Africa-based Trinity Pharma Proprietary Ltd for Rs ......

Edelweiss to acquire Religare's securities business

Finance

20 December, 2017

Edelweiss to acquire Religare's securities business

Edelweiss Financial Services Ltd has agreed to acquire Religare Enterprises Ltd’s retail broking business, the two companies said on Wednesday.Mumbai-based ......

Ola to acquire Foodpanda India, invest $200 mn

TMT

19 December, 2017

Ola to acquire Foodpanda India, invest $200 mn

Homegrown cab-hailing major Ola has agreed to acquire the Indian business of food delivery platform Foodpanda from its Germany-based parent ......

Bharti Airtel to acquire Millicom's operations in Rwanda

TMT

19 December, 2017

Bharti Airtel to acquire Millicom's operations in Rwanda

Bharti Airtel Ltd said on Tuesday it has agreed to acquire Millicom International Cellular SA's business in Rwanda, making it ......

Germany-based Brenntag to pick up controlling stake in Raj Petro, form JV

Manufacturing

18 December, 2017

Germany-based Brenntag to pick up controlling stake in Raj Petro, form JV

Specialty chemicals distributor Brenntag AG will form a joint venture with Raj Petro Specialities Pvt. Ltd.Brenntag will buy a 65% ......

Fullerton Financial to sell wealth management biz to Blueblood Ventures

Finance

18 December, 2017

Fullerton Financial to sell wealth management biz to Blueblood Ventures

Fullerton Financial Holdings Pte Ltd, owned by Singapore state investment firm Temasek, is selling its securities and wealth management business ......

JSW Group to acquire 49% stake in Brahmani River Pellets

Manufacturing

18 December, 2017

JSW Group to acquire 49% stake in Brahmani River Pellets

A unit of India’s JSW Group said it will buy a 49 percent stake in iron ore pellets manufacturer Brahmani ......

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