M&A
Infrastructure
Karvy-backed Campusville acquires student housing startup
Bengaluru-based Campus Students Communities Pvt. Ltd, which provides student housing under the Campusville brand, has acquired a city-based hostel services ......
TMT
Ebix buys 80% stake in ItzCash for $120 mn; Matrix, Lightspeed exit
US-based software firm Ebix Inc. has acquired an 80% stake in India’s ItzCash Card Ltd for $120 million (Rs 778 ......
TMT
Flipkart signs term sheet for Snapdeal buyout
Bangalore-based homegrown e-commerce company Flipkart has moved closer to sealing its merger with rival firm Snapdeal. It has signed a ......
TMT
ICS buys majority stake in home services startup Renowala
Hyderabad-based integrated facility management firm ICS (Ixora Corporate Services Pvt. Ltd) has acquired an undisclosed majority stake in home services ......
TMT
FlexiLoans buys CreditPeriod, forays into supply chain financing
Digital lending platform FlexiLoans Technologies Pvt. Ltd has acquired Mumbai-based supply chain financing platform CreditPeriod.com for an undisclosed sum.“The CreditPeriod ......
Manufacturing
Welspun Group to merge three subsidiaries
BK Goenka-led Welspun Group—which has interests in steel, energy and textiles, among other sectors—has decided to merge two group firms ......
Consumer
Sleepwell mattress maker looks to buy Mumbai firm
Sheela Foam Ltd, which makes mattresses and bedding products under the Sleepwell brand, is looking to acquire a Mumbai-based company ......
Consumer
HT Media buys out partner Apollo Global's stake in education JV
Media firm HT Media Ltd is buying out the entire stake of US firm Apollo Global Inc in their joint ......
Infrastructure
RP-Sanjiv Goenka Group to split CESC into four listed firms
The diversified RP-Sanjiv Goenka Group plans to split flagship company CESC Ltd into four listed firms that will focus on ......
Finance
Sensex touches new record as consumer goods stocks surge
The benchmark BSE index rose as much as 0.9 percent to a record high on Friday, scaling an all-time peak ......