M&A
TMT
GM to invest $500M in ride-sharing firm Lyft
Automaker General Motors Inc will invest $500 million in ride-sharing service provider Lyft Inc as part of an alliance to ......
Manufacturing
Texmaco Rail acquires 55% stake in Bright Power
Saroj Poddar-led Adventz Group firm Texmaco Rail and Engineering Ltd has acquired a 55 per cent equity stake in Mumbai-based ......
General
IFCI to part-exit Stock Holding Corp of India
Financial institution IFCI Ltd has received approval from the board of directors to divest part of its holding in custodial ......
TMT
Paytm acquires task-managing app Shifu
Mobile wallet and e-commerce firm Paytm has acquired Shifu, a context-aware personal assistant application, in its second takeover within a ......
TMT
Quess Corp takes full control of US-based MFXchange
Quess Corp has acquired the 51 per cent stake it didn’t already own in outsourcing solutions firm MFXchange Holdings Inc ......
General
GIC Housing to buy Nomura's remaining stake in LIC Nomura MF
GIC Housing Finance Ltd will buy a stake of up to 16 per cent held by Nomura Asset Management in ......
Infrastructure
Cabinet approves formation of JVs for rail infrastructure projects
The central government has cleared a proposal to float joint venture companies with various states to mobilise resources for rail ......
Infrastructure
SAMHI Hotels acquires 156-room hotel from Ahmedabad's Shree Siddhi Group
Hospitality firm SAMHI Hotels Pvt Ltd has acquired the 156-room Ganesh Meridian hotel from Ahmedabad-based Shree Siddhi Group.Financial details of ......
General
Recap 2015: Top M&As
An absence of multi-billion dollar deals meant merger and acquisition (M&A) activity didn’t sizzle like private investments that hit a ......
Infrastructure
JP Morgan, Apollo exit BPTP with $105M after long-drawn arbitration
Gurgaon-based developer BPTP Ltd has agreed to buy back the stake held by JP Morgan and Apollo Global in the ......
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