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M&A

Sahara rejects new $1.3 bn offer for overseas hotels

Infrastructure

27 July, 2016

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 ......

Myntra to buy actor Hrithik Roshan's HRX brand

Consumer

20 July, 2016

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 ......

Dabur to acquire cosmetics firm Discaria in first African deal

FMCG

19 July, 2016

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 ......

JSW Energy inks $400 mn deal to buy Jaypee power plant

Infrastructure

18 July, 2016

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 ......

Hindustan Unilever to sell stake in Huggies, Kotex JV to partner Kimberly-Clark

Consumer

18 July, 2016

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 ......

Den hikes stake in TV commerce JV with Snapdeal to 82.87%

TMT

18 July, 2016

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 ......

LT Foods acquires 817 Elephant basmati rice brand

Consumer

18 July, 2016

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 ......

ShopClues acquires mobile payments startup Momoe

TMT

15 July, 2016

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 ......

Premium
Lenders invoke pledged shares of JP Morgan-controlled Seven Hills Hospital

Healthcare

14 July, 2016

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 ......

Granules to acquire 12.5% stake in US pharma firm

Healthcare

14 July, 2016

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 ......

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