M&A
TMT
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 ......
General
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 ......
Manufacturing
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 ......
TMT
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 ......
Manufacturing
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 ......
Healthcare
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, ......
General
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 ......
General
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 ......
TMT
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 ......
Healthcare
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 ......