M&A
Consumer
VC-backed FMCG contract manufacturer buys Reckitt Benckiser factory
Hindustan Foods Ltd, the vendor-manufacturer of PepsiCo Inc’s Kurkure brand of snacks, has acquired a manufacturing facility of a global ......
General
Ruias, VTB Capital tie up for Essar Steel bid; IDFC-Shriram merger in limbo
Essar Steel promoters, the Ruia Group, have tied up with Russian investment bank VTB Capital to retain control of the ......
Manufacturing
Vedanta, Adani may bid for $9 bn Indian diamond mine left by Rio Tinto
Indian resources conglomerates Adani and Vedanta are considering bidding for a $9 billion diamond project in the country that was ......
Healthcare
Aurobindo Pharma ends big-ticket bid for Mallinckrodt's generics biz
Drugmaker Aurobindo Pharma Ltd has walked away from the race to purchase the generics business of UK-based Mallinckrodt Plc in ......
People
Khaitan & Co's M&A partner Abhilekh Verma joins Kochhar & Co
Abhilekh Verma, partner at law firm Khaitan & Co, has joined Delhi-headquartered corporate law firm Kochhar & Co as senior ......
Infrastructure
SP Group to sell stake in solar power biz; Gunit Chadha to float NBFC
Engineering and construction major Shapoorji Pallonji Group (SP Group) is in talks to sell a stake in its solar power ......
TMT
Fairfax-controlled Quess Corp to acquire majority stake in Vedang Cellular
Fairfax-controlled business services provider Quess Corp Ltd said Wednesday it has agreed to acquire a 70% stake in Vedang Cellular ......
Consumer
Motilal Oswal PE-backed Updater Services buys majority stake in catering firm
Motilal Oswal PE-backed Updater Services Pvt. Ltd, an integrated facilities management services company, has invested an undisclosed amount in Fusion ......
TMT
Flipkart in talks with Swiggy, UrbanClap and UrbanLadder for buyouts: Report
Homegrown e-commerce major Flipkart is reportedly in talks to invest in local services firm UrbanClap, furniture e-tailer UrbanLadder, and food ......
Consumer
US firm Sazerac buys into John Distilleries; Gaja Capital partially exits
US-based spirits maker Sazerac Company has bought a stake in India’s John Distilleries Pvt. Ltd from mid-market private equity firm ......
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