M&A
TMT
VG Siddhartha's Coffee Day Group snips stake in MindTree, pockets juicy return in two years
VG Siddhartha’s Coffee Day Group, the largest shareholder of IT consultancy services firm MindTree Ltd with over 21 per cent ......
Consumer
L'Oréal acquires Mumbai-based Cheryl's Cosmeceuticals
French Cosmetics brand L’Oréal has made its first acquisition in India by taking over the assets of Mumbai-based Cheryl’s Cosmeceuticals.Cheryl’s ......
TMT
RFID tech firm Rasilant scouts for strategic buyers to sell majority stake
Rasilant Technologies Pvt Ltd, a Mumbai-based RFID (radio-frequency identification) company is scouting for strategic buyers to sell a majority stake ......
Manufacturing
Raymond hikes stake in shirting venture Raymond Zambaiti to 53%
Mumbai-based textile and apparel maker Raymond Ltd has invested Rs 5 crore ($0.8 million) in Raymond Zambaiti Ltd (RZL) to ......
TMT
EXL eyes acquisitions in US, Asia Pacific
NASDAQ-listed ExlService Holdings Inc (EXL), one of the top 10 BPO firms in India, is looking at an inorganic route ......
Manufacturing
Clariant selling part of India speciality chemical business to SK Capital for $34M
Clariant Chemicals (India) Ltd is selling its textile chemicals, paper specialties and emulsions business to Archroma India Pvt Ltd for ......
Healthcare
US firm Bayada picks 26% in India Home Health Care, may acquire it in three years
Chennai-based India Home Health Care Pvt Ltd (IHHC), which provides healthcare service to patients at home, has sold 26 per ......
Infrastructure
Praj Industries hikes stake in water treatment subsidiary Neela Systems to 70%
Engineering firm Praj Industries Ltd has raised its holding in its water treatment subsidiary Neela Systems by acquiring additional 10 ......
Manufacturing
Prism Cement sells entire 25% stake in LSE-listed bathroom fixture firm Norcros for $43M
Hyderabad-based building materials firm Prism Cement Ltd, through its wholly owned foreign subsidiary Lifestyle Investments Pvt Ltd (LIPL), has sold ......
Manufacturing
Suzlon sells 75% in China unit for $28M
Suzlon, one of the world’s largest wind turbine makers, is selling 75 per cent in its China-based manufacturing subsidiary—Suzlon Energy ......
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