M&A
Infrastructure
Welspun Enterprises to buy stake in two road projects, apply for NBFC licence
Infrastructure firm Welspun Enterprises Ltd said it will acquire a 49% stake in two road projects of National Highways Authority ......
Manufacturing
UPL may face Blackstone-CVC in $4 bn Platform Speciality's agrochem deal
Indian agrochemicals producer UPL Ltd is exploring a bid of more than $4 billion for the agrochemicals business of Platform ......
TMT
Competition watchdog CCI clears $23 bn Vodafone India-Idea merger
India’s antitrust regulator has approved the merger of Vodafone Group Plc's Indian unit with Idea Cellular, a lawyer representing Vodafone ......
TMT
Snapdeal founders prefer sale to Infibeam as SoftBank pushes for Flipkart
Online marketplace Snapdeal’s co-founders Kunal Bahl and Rohit Bansal reportedly want to sell their company to listed e-commerce firm Infibeam ......
TMT
Travel portal Yatra acquires corporate bookings firm Air Travel Bureau
Nasdaq-listed travel portal Yatra Online, Inc. has agreed to acquire corporate travel services provider Air Travel Bureau Ltd, according to ......
General
Nirma may buy US firm; AION eyes Alok Industries; Warburg, KKR seek Air India details
Detergent maker Nirma Ltd has emerged as a key contender to acquire US-based Tronox Alkali for $1.5-2 billion, The Economic ......
Healthcare
India-China border tiff may derail $1.3 bn Fosun-Gland Pharma deal
The biggest ever Chinese acquisition on Indian soil may flounder as a border standoff between the two countries has cast ......
TMT
Healthcare IT firm eMids Technologies acquires analytics company Encore
eMids Technologies Inc, a US-headquartered technology services provider founded by two Indian engineers, has acquired healthcare information analytics company Encore ......
Healthcare
Tata Group to sell Advinus Therapeutics to Eurofins Scientific
Salt-to-steel conglomerate Tata Group has agreed to sell contract research company Advinus Therapeutics Ltd to Luxembourg-based Eurofins Scientific.The transaction is ......
Finance
Why buyers of stressed assets must brace for a long-drawn-out process
In early May, the government empowered the Reserve Bank of India to direct lenders to start bankruptcy proceedings against large ......
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