M&A
TMT
Sonata Software to buy US-based enterprise mobility solutions firm Halosys for $5M
Sonata Software Ltd, an IT consulting and software services company, has signed a definitive agreement to acquire US-based Halosys Inc ......
General
UK-based Aviva plans to hike stake in Indian insurance JV with Dabur group to 49%
UK-based Aviva Plc, UK's largest insurer with business across Europe, Asia and Canada, is planning to increase its stake in ......
Manufacturing
Vedanta-Cairn $2.3B merger faces opposition
Anil Agarwal-led Vedanta Resources Plc's proposed plans to merge cash rich Cairn India with its debt heavy mining & metals ......
Manufacturing
Tata Steel's proposed sale of European long products business to Klesch comes unstuck
Tata Steel Ltd, India’s largest steel company by revenues, is no longer in talks with Switzerland-based Klesch Group for the ......
TMT
Star sells 26% stake in Balaji Telefilms for $17M; Ekta Kapoor, Sameer Nair among buyers
Star India Pvt Ltd, a part of entertainment media major 21stCentury Fox, has exited its investment in Ekta Kapoor-promoted film ......
Infrastructure
Tenon Group to buy UK-based facility management firm Office & General Group for $10M
Tenon Group's AIM-listed integrated security & facility management firm Mortice Ltd has struck a deal to buy UK’s independent facility ......
TMT
Liga Edutech buys student assessment startup Learning Outcomes for under $1M
Liga Edutech Pvt Ltd, a Bengaluru-based co-scholastic assessment platform for schools, has acquired another startup in the field Learning Outcomes ......
General
Sundaram Finance to sell entire 49% stake in securities JV to BNP Paribas for $7M
Chennai-based Sundaram Finance Ltd (SFL) has received its board's approval to sell its entire 49 per cent stake in BNP ......
TMT
Bharti Airtel to buy digital payments enabler YTS; names Manish Khera as Airtel Money CEO
India's largest cellular services provider Bharti Airtel Ltd is planning to acquire digital financial service provider YTS Solutions and has ......
Manufacturing
Italy's IMA Dairy & Food acquires Pune-based Hassia Packaging as part of global deal
Italian company Industria Macchine Automatiche SPA (IMA), which provides packaging machinery, technology and services, has acquired Hassia Packaging India, a ......