M&A
Infrastructure
Muthoot Leisure buys high-end property in Costa Rica
Indian diversified business house Muthoot Group’s hospitality division Muthoot Leisure and Hospitality Services has acquired high-end property ‘Xandari Resort & ......
Consumer
Heinz India looks to focus on core brands, buy local food firms to boost business
The US-based food processing company HJ Heinz Co is looking to focus on its core brands and acquire local food ......
TMT
Carlyle sells off controlling stake in Cyberoam to Sophos Group
Private equity giant The Carlyle Group has offloaded its controlling equity stake in privately held network security solutions provider Cyberoam ......
Manufacturing
IFC exits Coimbatore-based LG Balakrishnan at loss
The International Finance Corporation, the private sector lending arm of the World Bank, has exited the Coimbatore-based auto component manufacturer LG Balakrishnan ......
Real Estate
DLF sells Aman Resorts back to founders for $358M
India's largest real estate firm DLF today announced the sale of its luxury hospitality chain Amanresorts to its ......
General
Essel Group to buy NBFC to augment offerings in financial services
Diversified business conglomerate Essel Group, promoted by Subhash Chandra, is looking to acquire stake in a non-banking finance company (NBFC), ......
TMT
CTIL to acquire Hyderabad-based IT firms Tangent Solutions, Eiko Cybertech
Hyderabad-based software development company CTIL Ltd (earlier Comp-U-Learn Tech India Ltd) is looking to acquire a couple of small IT ......
Infrastructure
FE Clean Energy-backed hydro power firm Swasti hires banker to scout for strategic buyer
FE Clean Energy-backed Swasti Power Ltd has hired Edelweiss to scout for a strategic buyer to acquire the firm or ......
TMT
Carlyle to offload entire 80% stake in Cyberoam to Sophos Group for $70-80M
Private equity major Carlyle is looking to offload its 80 per cent equity stake privately held network security solutions provider ......
TMT
MakeMyTrip acquires hotel aggregator EasyToBook.com for around $5M
NASDAQ-listed online travel services firm MakeMyTrip (MMT) has acquired the entire equity interest in a group of companies comprising the ......