M&A
Infrastructure
SpiceJet board gives nod to raise around $300M; Kalanithi Maran steps down from board
The country's second-largest budget carrier is to get a fresh infusion of a little over Rs 1,875 crore ($300 million) ......
Telecom
Kotak Mahindra to buy 19.9% stake in Bharti Airtel's proposed payments bank
Airtel M Commerce Services Limited (AMSL), a wholly owned subsidiary of telecom major Bharti Airtel, which runs mobile ......
TMT
Zomato buys Turkey-based restaurant search service Mekanist
Gurgaon-based Zomato Media Pvt Ltd, the company behind popular restaurant listing and review site Zomato.com, has struck its seventh overseas ......
Manufacturing
Tata Power to acquire NELCO's defence sensors business
India's largest private sector power producer Tata Power Co Ltd has entered into a binding agreement to acquire NELCO 's ......
TMT
Olacabs may buy TaxiForSure to take on Uber
Online cab booking service Olacabs.com, run by Mumbai-based ANI Technologies Pvt Ltd., is in advance talks to acquire Bangalore-based Serendipity ......
Manufacturing
UltraTech to issue NCDs worth $739M to Jaiprakash for buying two cement units
India's largest cement company UltraTech will issue non-convertible securities to Jaiprakash Associates besides taking over debt as part of its ......
Infrastructure
Gammon Infra to buy Sadbhav Engineering's stake in Mumbai Nasik Expressway for $12M
Gammon Infrastructure Projects Ltd (GIPL), a public listed subsidiary of construction major Gammon India Ltd, has obtained its board approval ......
Healthcare
Trivitron forms medical devices JV with Italy's IMD group
Chennai-based medical equipment manufacturer Trivitron Healthcare Pvt Ltd formed a JV with Italy-based IMD Generators to design and manufacture X-ray ......
TMT
Hutchison Whampoa to buy Telefonica's British telco O2 for up to $15.4B
Hong Kong-based billionaire Li Ka-shing's flagship company Hutchison Whampoa Group is in exclusive talks with Spanish firm Telefonica SA to ......
Engineering
Blackstone selling auto parts co Agile Electric for $106M; score 2x in under two years
Private equity firm Blackstone has inked a deal to sell its entire stake in privately held auto parts maker Agile ......