M&A
TMT
L&T Infotech to acquire Luxembourg banking IT services firm Syncordis
Larsen & Toubro Infotech Ltd, the software services arm of engineering giant Larsen & Toubro Ltd, has agreed to acquire ......
TMT
Bharti Airtel sells $508 mn stake in tower arm to pare debt
Bharti Airtel Ltd has sold a 4.49% stake in its telecom tower infrastructure arm for Rs 3,325 crore ($510 million) ......
TMT
ATC to acquire tower businesses of Idea, Vodafone for $1.2 bn
Idea Cellular Ltd and Vodafone Group Plc’s Indian unit have agreed to sell their standalone tower assets to American Tower ......
TMT
Consumer interaction solutions firm Phonon acquires AI chatbot iDelivr
Vadodara-based Phonon Communications Pvt Ltd, which offers automated customer interaction solutions, has acquired Gurgaon-based chatbot startup iDelivr for an undisclosed ......
Consumer
Heritage Foods to acquire dairy products firm Vaman Milk
Hyderabad-based Heritage Foods Ltd will acquire Mohali-based dairy products firm Vaman Milk Foods Pvt. Ltd in an all-cash deal.The transaction ......
TMT
Alibaba seeks regulatory nod to buy into BigBasket
Chinese e-tailing giant Alibaba has sought formal approval from the Competition Commission of India to acquire a stake in the ......
Finance
RBL Bank ups stake in Swadhaar Finserve to 58.4%
Private-sector lender RBL Bank Ltd has increased its stake in Mumbai-based financial services products distributor Swadhaar Finserve Pvt. Ltd to ......
Consumer
PE-backed firm behind lingerie label Enamor in talks with potential buyers
Gokaldas Intimatewear Pvt. Ltd, which markets lingerie brand Enamor, is in talks with a domestic peer for a deal which ......
TMT
Customer engagement services provider TeleTech to acquire BPO firm Motif
The New York Stock Exchange-listed customer engagement services provider TeleTech Holdings, Inc will acquire California-based business and knowledge process outsourcing ......
Finance
KKR-controlled Avendus buys early-stage tech investor Zodius Capital
Avendus Group has acquired technology-focussed early-stage investor Zodius Capital Advisors, as the financial services firm backed by private equity major ......