M&A
General
Sumitomo Mitsui picking 2.77% stake in Reliance Capital for $58M
Japan's Sumitomo Mitsui Trust Bank is picking 2.77 per cent stake in Reliance Capital Ltd., the flagship firm of Anil ......
Healthcare
Girish Patel's Sterling Hospitals on the block
Gujarat-based healthcare provider Sterling Addlife India Ltd, which operates a chain of hospitals under Sterling Hospitals’ banner, is on the ......
Manufacturing
Adventz Group raises fresh open offer size for Mangalore Chemicals, retains offer price
Zuari group today announced plans to spend Rs 398.2 crore to buy up to 36.56 per cent stake in MCFL, ......
Infrastructure
SpiceJet submits revival plan to government
Troubled budget carrier SpiceJet today submitted a revival plan to the government on the basis of a proposed investment of ......
TMT
3i Infotech to sell western Europe units to Italian firm Objectway Financial Software
3i Infotech (Western Europe) Group Ltd, a step-down subsidiary of 3i Infotech Ltd, has signed an agreement with Italy-based Objectway ......
Infrastructure
Singapore's sovereign fund GIC buying 39.2% of Mumbai IT park co Nirlon for over $100M
In a rare control-styled transaction by a sovereign wealth fund, Singapore's GIC has struck a deal to acquire a significant ......
Manufacturing
UltraTech to acquire two cement units from Jaiprakash Associates for $853M
UltraTech Cement Ltd has struck a deal to acquire two units of Jaiprakash Associates Ltd located in Madhya Pradesh at ......
Healthcare
Merck's Fulford unit in India transfers consumer care brands to Bayer
Fulford (India) Ltd, a public listed unit of global pharma giant Merck & Co, has transferred the marketing rights for ......
General
Manappuram to pick up to 85% in Asirvad Microfinance for $21.4M
Gold loan firm Manappuram Finance Ltd has received its board approval to acquire 70 per cent stake in Asirvad Microfinance ......
Infrastructure
Madhucon divests its 74% stake in Agra-Jaipur Expressway to TRIL Roads
Madhucon Projects Ltd, a subsidiary of Madhucon Group, has signed a term sheet with Tata Sons' construction company TRIL Roads ......
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