M&A
General
Axis Bank buys 13.67% stake in asset reconstruction firm ACRE for $3.4 mn
Private sector Axis Bank will buy 13.67 per cent stake in Assets Care and Reconstruction Enterprise (ACRE) from IFCI Ltd ......
Manufacturing
ONGC Videsh buys 11% more in Rosneft's Vankor field for $930 mn
ONGC Videsh Ltd today signed an agreement to raise stake in Russia's Vankor oil field by 11 per cent to ......
TMT
Reliance Communications, Aircel to merge wireless business
In the biggest consolidation deal in India's telecom sector, Reliance Communications and Aircel today announced the merger of their wireless ......
TMT
B2B e-commerce platform DealBerg acqui-hires WeAreGadgets
DealBerg Technologies Pvt. Ltd, an e-commerce platform that caters to businesses, has acqui-hired another online B2B platform WeAreGadgets.The terms of ......
TMT
Quikr buys Bessemer Venture-backed beauty services startup StayGlad
Online classifieds firm Quikr India Pvt. Ltd has acquired Bengaluru-based beauty services marketplace StayGlad in the third such takeover deal ......
TMT
FINO PayTech in talks with more investors to raise funds; explores acquisition
Payment technology solutions provider FINO PayTech is in advanced talks with a few investors just after receiving a capital commitment ......
Consumer
Barbeque Nation buys burger chain Johnny Rockets' India franchise rights
Casual dining chain Barbeque Nation Hospitality Ltd (BNHL) has bought the master franchise rights for American burger chain Johnny Rockets ......
Manufacturing
Sicagen to acquire Danish Steel Cluster
Sicagen India Ltd, a Chennai-based construction and industrial products company, has agreed to acquire Bengaluru-based Danish Steel Cluster Pvt. Ltd ......
Engineering
Mahindra CIE Automotive to acquire Kedaara-backed Bill Forge
Automotive components supplier Mahindra CIE Automotive Ltd (MCAL) has inked a deal to buy Bengaluru-based Bill Forge Pvt......
TMT
Fork Media acquires majority stake in ad-tech firm Inuxu
Advertising technology firm Fork Media Pvt. Ltd has acquired a controlling stake in Inuxu Digital Media Technologies Pvt. Ltd for ......