M&A
Infrastructure
Sahara rejects new $1.3 bn offer for overseas hotels
Embattled Sahara group today spurned a USD 1.3 billion offer for its three prized overseas hotels, including Grosvenor House and ......
Consumer
Myntra to buy actor Hrithik Roshan's HRX brand
Flipkart-owned lifestyle e-commerce venture Myntra Designs Pvt. Ltd is in advanced discussions to buy a majority stake in fitness and ......
FMCG
Dabur to acquire cosmetics firm Discaria in first African deal
Consumer products maker Dabur India Ltd has acquired South African cosmetics manufacturing and trading firm Discaria in ......
Infrastructure
JSW Energy inks $400 mn deal to buy Jaypee power plant
Billionaire Sajjan Jindal-led JSW Energy Ltd has agreed to acquire a 500-megawatt thermal power plant from Jaiprakash Power Ventures Ltd ......
Consumer
Hindustan Unilever to sell stake in Huggies, Kotex JV to partner Kimberly-Clark
Hindustan Unilever (HUL) will divest its stake in Kimberly-Clark Lever (KCL) to its joint venture partner US-based Kimberly Clark to ......
TMT
Den hikes stake in TV commerce JV with Snapdeal to 82.87%
Cable television distributor Den Networks Ltd said on Monday it has agreed to increase its stake in a TV shopping ......
Consumer
LT Foods acquires 817 Elephant basmati rice brand
Public-listed rice exporter and marketer LT Foods Ltd has acquired the 817 Elephant brand of rice from its Amritsar-based parent ......
TMT
ShopClues acquires mobile payments startup Momoe
Online shopping marketplace ShopClues has acquired Bangalore-based Momoe Technologies Pvt. Ltd, as it looks to build a payments business and ......
Healthcare
Lenders invoke pledged shares of JP Morgan-controlled Seven Hills Hospital
Lenders to Mumbai-based Seven Hills Healthcare have invoked their pledged shares and put the hospital on the block to recover ......
Healthcare
Granules to acquire 12.5% stake in US pharma firm
Granules Pharmaceuticals, a wholly owned subsidiary of Hyderabad-based Granules India, has agreed to acquire 12.5% stake in US-based development-stage pharmaceuticals ......