M&A
General
Govt orders merger of scam-hit NSEL with parent firm Financial Technologies
The government has made a draft order to merge National Spot Exchange Ltd (NSEL) with its parent firm Financial Technologies ......
General
BSE shareholders approve merger with United Stock Exchange
The Bombay Stock Exchange (BSE) today said majority of its equity shareholders approved its proposed merger with United Stock Exchange ......
Manufacturing
Takeover battle for Mangalore Chemicals set to escalate; Deepak ups stake to 32%
Takeover battle for MCFL is set to be further intensified as Deepak Fertilisers has raised its stake by about 6 ......
Consumer
Panasonic buys out Obul Reddy's 17% stake in listed arm, to make delisting offer
Japanese consumer durables major Panasonic Corporation has acquired 16.95 per cent equity stake held by Indian partner P Obul Reddy ......
Healthcare
B Braun makes delisting offer for Ahlcon Parenterals
German healthcare products major B Braun, which acquired majority stake in public-listed formulations and healthcare consumables firm Ahlcon Parenterals (India) ......
TMT
TCS to merge CMC with itself, to issue shares worth around $500M
India's largest software services provider Tata Consultancy Services Ltd has obtained its board's approval to merge its public listed subsidiary ......
Consumer
Warburg Pincus-backed Biba Apparels buys stake in fashion label Anju Modi
Women ethnic wear company Biba Apparels Private Limited, which operates under the brand BIBA, has picked up minority stake in ......
Manufacturing
Nissan Chemicals in talks to acquire Hyderabad Chemicals for $88M
Nissan Chemicals Industries Ltd, a Japanese firm manufacturing basic and fine chemicals, is in talks to acquire Hyderabad-based pesticides manufacturer ......
Manufacturing
Tata Steel in talks to sell long products business in Europe to Klesch Group
Tata Steel Ltd, India’s largest steel company by revenues, has signed a memorandum of understanding (MoU) with Geneva-headquartered The Klesch ......
TMT
IMImobile acquires UK-based mobile messaging platform TextLocal for up to $16.6M
London-based IMImobile Ltd, a provider of mobile engagement software to mobile operators which has a development centre in India and ......
