M&A
TMT
Kirusa acquires Bangalore-based mobile messaging app developer Cooltok
New Jersey-headquartered Kirusa Inc, which provides voice messaging and social media apps for smartphones, has acquired Bangalore-based mobile messaging apps ......
Healthcare
Cipla to lead $21M investment in US-based Chase Pharma
Mumbai-based drug major Cipla Limited has invested $1.5 million in US-based drug development company Chase Pharmaceuticals Inc to pick up ......
Manufacturing
Indsur Group acquires UK-based thermal engineering firm CDA Contracts
Mumbai-based S M Lodha-led diversified firm Indsur Group has acquired British thermal engineering company CDA Contracts Ltd for an undisclosed ......
Consumer
United Spirits to sell Whyte & Mackay to Philippines' Emperador for $725M
India's largest distiller United Spirits (USL), controlled by the world’s biggest spirits maker by revenues Diageo Plc, has decided to ......
General
Shree Renuka to offload 7.5% stake in NCDEX for $11M
Mumbai-based Shree Renuka Sugars Ltd has signed an agreement to divest a 7.5 per cent equity stake in agri-commodity exchange ......
TMT
Ad giants Omnicom, Publicis scrap $35B merger of equals
Advertising giants Omnicom Group and Publicis Groupe SA have mutually agreed to call off their proposed plan to team up ......
Infrastructure
SEBI exempts Etihad from making an open offer for Jet Airways
The securities market regulator SEBI, which had previously sent a show cause notice to Etihad and Jet Airways in relation ......
Manufacturing
Banco Products selling stake in Tanzania-based Lake Cement for $17.7M
Baroda-based Banco Products India Limited, along with its subsidiaries, has decided to exit its Tanzania-based cement unit Lake Cement Limited ......
TMT
LionRock-backed baby & kids products e-tailer Hopscotch acquires SkoolShop
Hit The Mark Inc, which runs Mumbai-based curated baby and kids products flash sales venture Hopscotch, has acquired Occasion Kommerce ......
Manufacturing
Kajaria Ceramics to buy 51% in Taurus Tiles; hiking stake in Jaxx Vitrified
New-Delhi-based ceramic tiles maker Kajaria Ceramics Ltd (KCL) is acquiring 51 per cent stake in Taurus Tiles Pvt Ltd by ......
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