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M&A

L&T Infotech to acquire Luxembourg banking IT services firm Syncordis

TMT

15 November, 2017

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 ......

Bharti Airtel sells $508 mn stake in tower arm to pare debt

TMT

14 November, 2017

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) ......

ATC to acquire tower businesses of Idea, Vodafone for $1.2 bn

TMT

13 November, 2017

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 ......

Consumer interaction solutions firm Phonon acquires AI chatbot iDelivr

TMT

10 November, 2017

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 ......

Heritage Foods to acquire dairy products firm Vaman Milk

Consumer

10 November, 2017

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 ......

Alibaba seeks regulatory nod to buy into BigBasket

TMT

09 November, 2017

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 ......

RBL Bank ups stake in Swadhaar Finserve to 58.4%

Finance

09 November, 2017

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 ......

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PE-backed firm behind lingerie label Enamor in talks with potential buyers

Consumer

09 November, 2017

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 ......

Customer engagement services provider TeleTech to acquire BPO firm Motif

TMT

09 November, 2017

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 ......

KKR-controlled Avendus buys early-stage tech investor Zodius Capital

Finance

09 November, 2017

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 ......

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