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M&A

GMR to sell two transmission projects to Adani

Infrastructure

01 July, 2016

GMR to sell two transmission projects to Adani

GMR Energy Ltd (GEL) said on Friday it has entered into definitive agreements with Adani Transmission Ltd (ATL) to sell ......

Torrent Pharma to acquire API unit of Glochem Industries

Healthcare

30 June, 2016

Torrent Pharma to acquire API unit of Glochem Industries

Drugmaker Torrent Pharma said on Thursday it has agreed to acquire an active pharmaceutical ingredient (API) facility of Hyderabad-based bulk ......

Saksoft to raise stake in testing services firm 360Logica to 76%

TMT

29 June, 2016

Saksoft to raise stake in testing services firm 360Logica to 76%

Chennai-based IT company Saksoft Ltd said on Wednesday it will increase its stake in Noida-headquartered software testing services firm 360Logica ......

HT Media to buy 50.5% stake in Singapore-based sports content firm

TMT

28 June, 2016

HT Media to buy 50.5% stake in Singapore-based sports content firm

HT Media Ltd has decided to pick up a 50.5% stake in Singapore-based digital content firm Sports Asia Pte. Ltd, ......

Tata Communications sews new deal to sell Neotel

TMT

28 June, 2016

Tata Communications sews new deal to sell Neotel

Tata Communications Ltd has inked a new agreement to sell its South African telecom arm Neotel Pty Ltd to another ......

Sistema to buy Russian government's 17.14% stake in Indian telecom JV

TMT

27 June, 2016

Sistema to buy Russian government's 17.14% stake in Indian telecom JV

Russian conglomerate Sistema JSFC has entered into an agreement with the Russian Federation, represented by the Federal Agency for State ......

Pokkt sells reward-based ad platform to Japan's Adways

TMT

27 June, 2016

Pokkt sells reward-based ad platform to Japan's Adways

Japanese mobile marketing company Adways Inc. has acquired Pocket Money, an incentivising Android app, from mobile video advertising startup Pokkt.com ......

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Malaysia-based Astro Group looking at a strategic exit from India

TMT

24 June, 2016

Malaysia-based Astro Group looking at a strategic exit from India

Amid legal troubles that its founder T Ananda Krishnan is facing in India, Malaysian business group Astro Malaysia Holdings is ......

Essar Energy exits Kenya Petroleum for $5 mn

Manufacturing

01 July, 2016

Essar Energy exits Kenya Petroleum for $5 mn

Essar Group firm Essar Energy Overseas today announced that it will sell its 50 per cent stake in Kenya Petroleum ......

Reliance Communications expects merger deal with Aircel shortly

TMT

23 June, 2016

Reliance Communications expects merger deal with Aircel shortly

Reliance Communications Ltd said on Thursday it expects to sign a binding definitive deal for its proposed merger with smaller ......

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