M&A
TMT
Saxon Global acquires Bangalore-based mobility solutions firm Wit Innovation
US-based , a provider of IT consulting and solution engineering services, has acquired Bangalore-based mobility solutions firm for an undisclosed ......
Consumer
Diageo buys 2.4% more of United Spirits for $138M
Diageo Plc, the world’s-largest spirits maker by revenue, has hiked its stake in United Spirits by acquiring another 2.4 per ......
Infrastructure
Tata Power to sell stake in one of two coal blocks in Indonesia for $500M
Tata Power has decided to exit one of its two coal assets in Indonesia by selling its entire 30 per ......
Consumer
Deal of the month: Lactalis buys Carlyle-backed Tirumala
Deal: Groupe Lactalis SA (Lactalis), the world’s largest dairy player, acquires 100 per cent stake in Tirumala Milk Products Pvt ......
TMT
Altiux to acquire Bangalore-startup P-Device, focusing on product engineering for smart devices
Bangalore-based startup Altiux Innovations Pvt Ltd, a provider of product engineering and innovation services, is close to acquiring P-Device Systems ......
TMT
Aditya Birla Group selling BPO arm to private investors backed by CX Partners for $260M
Diversified business conglomerate Aditya Birla Group is selling its business and technology outsourcing firm Aditya Birla Minacs Worldwide to a ......
Manufacturing
Siemens gets board nod to acquire rail automation unit from parent for $9M
Siemens Ltd, the public listed Indian arm of the German conglomerate, said its board has approved a proposal to acquire ......
TMT
Tata group in talks with Vodafone to sell telecom business completely
Business conglomerate Tata group is looking to exit the telecom business completely by selling both Tata Teleservices and Tata Communications ......
TMT
Publicis Groupe acquires majority stake in ad agency Law & Kenneth
French advertising and communications giant Publicis Groupe, which is merging with Omnicom, has acquired 51 per cent stake in Delhi-based ......
Manufacturing
McNally Bharat's Singapore arm sells entire 41.66% stake in Hayward Tyler Group for $20.5M
McNally Bharat Engineering (MBE) Company Ltd's Singapore-based subsidiary MBE Mineral Technologies Pte Ltd has offloaded its entire holding of 41.66 ......
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