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M&A

IC Legal, Universal Legal merge to create pan-India law firm

Finance

21 September, 2017

IC Legal, Universal Legal merge to create pan-India law firm

Mumbai-based IC Legal Advocates & Solicitors and Bangalore-headquartered Universal Legal Attorneys at Law have decided to merge their practices to ......

Vedanta's Agarwal to raise stake in Anglo American for $2 bn

Manufacturing

21 September, 2017

Vedanta's Agarwal to raise stake in Anglo American for $2 bn

Volcan Investments, the family trust of the chairman of diversified miner Vedanta, on Wednesday said it was increasing its stake ......

Google inks $1.1 bn deal to buy part of HTC's smartphone biz

TMT

21 September, 2017

Google inks $1.1 bn deal to buy part of HTC's smartphone biz

Alphabet Inc’s Google said it would pay $1.1 billion in cash to acquire the division at Taiwan’s HTC Corp that ......

Mahindra to acquire tractor maker Erkunt in second Turkish deal

Manufacturing

20 September, 2017

Mahindra to acquire tractor maker Erkunt in second Turkish deal

Mahindra & Mahindra Ltd said on Wednesday it has signed a pact to acquire Turkish tractor maker Erkunt Traktor Sanayi ......

Tata Steel, Thyssenkrupp sign initial pact for European steel merger

Manufacturing

20 September, 2017

Tata Steel, Thyssenkrupp sign initial pact for European steel merger

Germany’s Thyssenkrupp and India’s Tata Steel struck a preliminary deal on Wednesday to merge their European steel operations in a ......

Tata Sons ups stake in auto, chemicals, beverage arms for $500 mn

Manufacturing

19 September, 2017

Tata Sons ups stake in auto, chemicals, beverage arms for $500 mn

Tata Sons Ltd on Tuesday increased its stake in the diversified conglomerate’s auto, chemicals and beverages units, as the holding ......

After Little and Nearbuy, Paytm in talks to acquire travel portal Via.com

TMT

19 September, 2017

After Little and Nearbuy, Paytm in talks to acquire travel portal Via.com

Flush with funds from Japan’s SoftBank, digital wallet and e-commerce company Paytm is eyeing another acquisition. The payments firm has ......

Fosun revises offer for Gland Pharma, to acquire smaller stake

Healthcare

18 September, 2017

Fosun revises offer for Gland Pharma, to acquire smaller stake

China’s Fosun Group has revised its offer to acquire a majority stake in Hyderabad-based Gland Pharma Ltd in a bid ......

Cyient sells 49% stake in JV to partner Pratt & Whitney

Manufacturing

14 September, 2017

Cyient sells 49% stake in JV to partner Pratt & Whitney

Hyderabad-based Cyient Ltd, which had formed a joint venture, Infotech Aerospace Services Inc., with American aerospace manufacturer Pratt and Whitney ......

Govt invites bids to hire bankers for Air India sale

Infrastructure

14 September, 2017

Govt invites bids to hire bankers for Air India sale

India has invited bids to appoint two financial advisors and one legal advisor for the privatisation of national carrier Air ......

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