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M&A

TeamLease to acquire 40% stake in ed-tech startup Schoolguru

TMT

08 November, 2017

TeamLease to acquire 40% stake in ed-tech startup Schoolguru

Staffing firm TeamLease Services Ltd will acquire close to 40% stake in Mumbai-based education technology startup Schoolguru for Rs 13.5 ......

Digital payments startup Benow acquires Finmo

TMT

08 November, 2017

Digital payments startup Benow acquires Finmo

Digital payments company Benow, incubated by BSE-listed IT firm Mastek, has acquired Gurgaon-based Finmo and its flagship product DigiBharat in ......

German consumer goods major Henkel not to buy stake in Jyothy Labs

Consumer

08 November, 2017

German consumer goods major Henkel not to buy stake in Jyothy Labs

Jyothy Laboratories Ltd said German fast-moving consumer goods major Henkel AG has not exercised its option to buy as much ......

NMDC to compete against Adani, Vedanta for $9 bn diamond mine

Manufacturing

07 November, 2017

NMDC to compete against Adani, Vedanta for $9 bn diamond mine

India’s state-owned miner NMDC Ltd plans to bid for a $9 billion diamond project in Madhya Pradesh, three sources directly ......

AXISCADES to acquire embedded technology firm Mistral Solutions

TMT

07 November, 2017

AXISCADES to acquire embedded technology firm Mistral Solutions

Product engineering solutions provider AXISCADES Engineering Technologies Ltd is set to acquire specialised embedded technology company Mistral Solutions Pvt. Ltd ......

Indorama to buy Tata Chemicals' phosphatic fertiliser biz

Manufacturing

07 November, 2017

Indorama to buy Tata Chemicals' phosphatic fertiliser biz

Tata Chemicals Ltd has signed a pact to sell its phosphatic fertiliser business to IRC Agrochemicals Pvt. Ltd, part of ......

RCom to sell DTH business to Veecon Media

TMT

06 November, 2017

RCom to sell DTH business to Veecon Media

Anil Ambani-led Reliance Communications Ltd (RCom) on Monday said it has inked a memorandum of understanding with Veecon Media and ......

Torrent Pharma to acquire Unichem's India biz for $558 mn

Healthcare

03 November, 2017

Torrent Pharma to acquire Unichem's India biz for $558 mn

Ahmedabad-based drugmaker Torrent Pharmaceuticals Ltd has agreed to acquire the branded formulations business of Unichem Laboratories Ltd in India and ......

PE-backed UFO Moviez, Qube Cinema to merge; ICICI Venture enters as new investor

TMT

02 November, 2017

PE-backed UFO Moviez, Qube Cinema to merge; ICICI Venture enters as new investor

UFO Moviez India Ltd and Qube Cinema Technologies Pvt. Ltd have decided to merge their businesses to strengthen their position ......

Zomato in talks to merge with rival Swiggy: Reports

TMT

01 November, 2017

Zomato in talks to merge with rival Swiggy: Reports

Restaurant-finder and food-delivery startup Zomato is reportedly in talks with competitor Swiggy for a merger.On Wednesday, two media reports said ......

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