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M&A

SpiceJet board gives nod to raise around $300M; Kalanithi Maran steps down from board

Infrastructure

30 January, 2015

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) ......

Kotak Mahindra to buy 19.9% stake in Bharti Airtel's proposed payments bank

Telecom

29 January, 2015

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 ......

Zomato buys Turkey-based restaurant search service Mekanist

TMT

29 January, 2015

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 ......

Tata Power to acquire NELCO's defence sensors business

Manufacturing

29 January, 2015

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 ......

Olacabs may buy TaxiForSure to take on Uber

TMT

29 January, 2015

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 ......

UltraTech to issue NCDs worth $739M to Jaiprakash for buying two cement units

Manufacturing

28 January, 2015

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 ......

Gammon Infra to buy Sadbhav Engineering's stake in Mumbai Nasik Expressway for $12M

Infrastructure

28 January, 2015

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 ......

Trivitron forms medical devices JV with Italy's IMD group

Healthcare

27 January, 2015

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 ......

Hutchison Whampoa to buy Telefonica's British telco O2 for up to $15.4B

TMT

23 January, 2015

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 ......

Blackstone selling auto parts co Agile Electric for $106M; score 2x in under two years

Engineering

22 January, 2015

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 ......

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