M&A
TMT
Snapdeal founders outline path to profitability after ending Flipkart merger talks
E-commerce company Snapdeal has called off negotiations for a potential merger with Flipkart. Shortly after making the announcement on Monday, ......
TMT
Did Axis Bank lap up FreeCharge for a song, or pay a tad too much?
India's third-largest private-sector lender Axis Bank snapped up beleaguered digital wallet firm FreeCharge for $60 million (Rs 385 crore) last ......
TMT
Acquisitions, not mergers, dominate Indian market, say panellists at VCCircle event
The Indian market is decidedly driven more by acquisitions than mergers as companies focus on content and hire talent to ......
Finance
M&A of the month: Tokio Marine consolidates India presence with 49% stake in JV
For long, the Indian insurance industry had been demanding an increase in foreign direct investments in the sector, considered one ......
TMT
Snapdeal calls off merger with Flipkart; to tweak biz model, lay off staff
Online retailer Snapdeal has scrapped a proposed merger with bigger rival Flipkart after months of negotiations and will now tweak ......
Consumer
RP-Sanjiv Goenka Group picks up controlling stake in Apricot Foods
Diversified RP-Sanjiv Goenka Group has picked up a controlling stake in Gujarat-based packaged foods company Apricot Foods Pvt. Ltd in ......
Finance
Max Financial, HDFC scrap merger of insurance business
Max Financial Services Ltd said on Monday it has called off a proposed merger of its life insurance business with ......
TMT
Flipkart-Snapdeal merger hangs in balance, may fall through
The merger of homegrown e-tailers Flipkart and Snapdeal is looking increasingly uncertain with SoftBank, the largest shareholder in Snapdeal, pulling ......
Consumer
Marico acquires South African hair styling brand Isoplus
Mumbai-based consumer products and services company Marico Ltd has acquired leading South African hair styling brand Isoplus for about Rs ......
Healthcare
Sun Pharma hikes stake in Zenotech to 57.56%
Sun Pharmaceutical Industries Ltd, India's biggest drugmaker, said on Friday it has increased its stake in Zenotech Laboratories Ltd to ......
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