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M&A

ERGO ups stake in HDFC ERGO General Insurance for $168M

General

17 December, 2015

ERGO ups stake in HDFC ERGO General Insurance for $168M

German insurer ERGO International has agreed to buy a 22.9 per cent stake more in its general insurance joint venture ......

Oyo Rooms set to acquire rival Zo in all-stock deal

Technology

17 December, 2015

Oyo Rooms set to acquire rival Zo in all-stock deal

SoftBank-funded budget hotel aggregator Oyo rooms is all set to acquire its Tiger Global-backed smaller rival Zo rooms ......

HUL buys Indulekha, Vayodha brands for $49.8M

Consumer

17 December, 2015

HUL buys Indulekha, Vayodha brands for $49.8M

Consumer goods major Hindustan Unilever Ltd said on Thursday it has acquired Kerala-based Mosons Group’s Indulekha and Vayodha hair care ......

Paharpur Cooling Towers buys SPX' dry cooling business for $48M

Manufacturing

18 December, 2015

Paharpur Cooling Towers buys SPX' dry cooling business for $48M

Kolkata-based Paharpur Cooling Towers Ltd has agreed to acquire US company SPX Cooling Technologies' dry cooling business globally for Rs ......

Spencer's buys online supermarket Meragrocer

TMT

16 December, 2015

Spencer's buys online supermarket Meragrocer

RP-Sanjiv Goenka Group's privately held multi format retailer Spencer’s Retail Ltd has acquired Delhi-based startup Omni-Present Retail India Pvt Ltd, ......

Godrej Agrovet raises stake in Astec LifeSciences to 52.28%

Consumer

16 December, 2015

Godrej Agrovet raises stake in Astec LifeSciences to 52.28%

Godrej Agrovet Ltd, a subsidiary of Godrej Industries Ltd, has raised its holding in agrochemicals maker Astec LifeSciences Ltd by ......

Computer Sciences Corp makes delisting offer for Xchanging

TMT

16 December, 2015

Computer Sciences Corp makes delisting offer for Xchanging

NYSE-listed Computer Sciences Corporation (CSC) has launched a mandatory open offer to acquire up to 25 per cent equity stake ......

Premium
Japan's Takasago picks stake in clean-tech firm IClean

Infrastructure

16 December, 2015

Japan's Takasago picks stake in clean-tech firm IClean

Japan-based engineering firm Takasago Thermal Engineering Co Ltd has acquired a significant minority equity stake in Hyderabad-based Integrated Cleanroom Technologies ......

Thomas Cook gets CCI nod for acquisition of Kuoni Travel

Consumer

16 December, 2015

Thomas Cook gets CCI nod for acquisition of Kuoni Travel

Tour operator Thomas Cook (India) Ltd has received approval from the competition watchdog Competition Commission of India for the acquisition ......

Mahindra Holidays picks 51% stake in Swedish spa hotel Visionsbolaget

Consumer

16 December, 2015

Mahindra Holidays picks 51% stake in Swedish spa hotel Visionsbolaget

India's largest vacation ownership company Mahindra Holidays & Resorts India Ltd (MHRIL) has bought 51 per cent stake in Sweden's ......

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