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M&A

Wipro Infrastructure to buy Israel's aerospace supplier Givon

TMT

01 August, 2016

Wipro Infrastructure to buy Israel's aerospace supplier Givon

Wipro Infrastructure Engineering (WIN), the business arm of Wipro Enterprises Pvt. Ltd, has signed a definitive agreement to buy Israel-based ......

Religare sells edu-infra fund Cerestra to TCP

General

01 August, 2016

Religare sells edu-infra fund Cerestra to TCP

Financial services firm Religare Enterprises Ltd has sold its real estate private equity arm, Cerestra Advisors Ltd, to London- and ......

Borosil Glass Works acquires 60.3% stake in Klasspack

Manufacturing

01 August, 2016

Borosil Glass Works acquires 60.3% stake in Klasspack

Gujarat-based glassware company Borosil Glass Works has acquired a 60.3% stake in Nashik-based Klasspack for an undisclosed amount to enter ......

Uber gives up costly battle in China, sells local biz to Didi Chuxing

TMT

01 August, 2016

Uber gives up costly battle in China, sells local biz to Didi Chuxing

Uber Technologies Inc., the ride-sharing company with a reputation of slugging it out with rivals and regulators to capture market ......

ONGC Videsh looks to acquire stake in Rosneft's Tagul field

Manufacturing

01 August, 2016

ONGC Videsh looks to acquire stake in Rosneft's Tagul field

As part of India’s energy security strategy to leverage depressed crude oil prices to secure overseas assets, state-run ONGC Videsh ......

Women & child healthcare chain OVUM raises $5 mn from Norwest, IL&FS

Healthcare

01 August, 2016

Women & child healthcare chain OVUM raises $5 mn from Norwest, IL&FS

Bangalore-based Neonatal Care & Research Institute (NCRI), which runs a woman and child specialty hospital chain under OVUM Hospitals brand, ......

Angel, seed deals dominate this week; most M&As were local

General

01 August, 2016

Angel, seed deals dominate this week; most M&As were local

Angel and seed investments made up for 13 of the 19 companies that were funded during the week, according to ......

BPCL buys 21% stake in PE-backed FINO PayTech for $37.6 mn

General

29 July, 2016

BPCL buys 21% stake in PE-backed FINO PayTech for $37.6 mn

State-run refiner Bharat Petroleum Corp. Ltd (BPCL) said on Friday it has signed definitive agreements to acquire a 21% stake ......

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Mexico's Cinepolis to buy remaining bits of DT Cinemas

TMT

29 July, 2016

Mexico's Cinepolis to buy remaining bits of DT Cinemas

Mexican cinema operator Cinepolis, which has been scouting for inorganic expansion in India for years only to see local rivals ......

Cipla, Aurobindo Pharma to acquire drugs from Teva

Healthcare

29 July, 2016

Cipla, Aurobindo Pharma to acquire drugs from Teva

Cipla Ltd and Aurobindo Pharma Ltd have agreed to acquire some generic drugs from Teva Pharmaceutical Industries Ltd in the ......

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