M&A
Manufacturing
Mahindra & Mahindra to exit China tractor joint venture
Mahindra & Mahindra Ltd has agreed to sell its 51% stake in a Chinese tractor joint venture to its partners ......
TMT
Arvind arm Syntel Telecom to buy unified communications provider Enkay
Syntel Telecom Ltd, the telecommunication subsidiary of Ahmedabad-based apparel maker Arvind Ltd, is set to buy Mumbai-based unified communications provider ......
Finance
IDBI Bank seeks bankers to sell non-core businesses
State-owned IDBI Bank has sought representations from investment banks to sell most of its non-core businesses, three people aware of ......
TMT
Messaging app Hike acqui-hires Tewee maker Creo
Hike Messenger has acqui-hired Bangalore-based technology startup Creo, a company statement said.Creo, the maker of HDMI media streaming device Teewe, ......
Markets
Is India a more conducive market for mergers than acquisitions?
Merger and acquisition activity in India perked up in 2016 thanks to a few multi-billion-dollar deals that companies struck either ......
Healthcare
Aurobindo Pharma to up stake in vaccine maker Tergene Biotech
Drugmaker Aurobindo Pharma Ltd on Thursday said it will increase its stake in vaccine developer Tergene Biotech Pvt. Ltd from ......
Manufacturing
Bharat Forge to acquire remaining stake in Analogic Controls
Auto components maker Bharat Forge Ltd said on Thursday it will acquire the 40% stake it doesn’t already own in ......
Consumer
Varun Beverages to acquire PepsiCo's franchisee rights in two states
Varun Beverages Ltd said on Wednesday its board has approved a plan to acquire PepsiCo India’s previously franchised territories in ......
Infrastructure
Nettlinx to pick up controlling stake in Sri Venkateswara Green Power
Hyderabad-based internet infrastructure company Nettlinx Ltd said it is acquiring a 51% stake in Sri Venkateswara Green Power Projects, marking ......
Finance
KKR-backed Avendus to acquire UK asset manager Ocean Dial
Diversified financial services firm Avendus Group, which is backed by private equity major Kohlberg Kravis Roberts & Co Ltd, said ......