M&A
General
Foreign banks may be allowed to acquire Indian lenders
The Indian central bank is expected to soon come out with norms allowing foreign banks to take over domestic lenders ......
TMT
BlackBerry co-founders considering bid for company
BlackBerry Ltd co-founders Mike Lazaridis and Douglas Fregin are considering a bid to buy the struggling smartphone maker, according to ......
TMT
Zee Media to buy Prakash Jha's Maurya TV
Zee Media Corporation (formerly Zee News Ltd) is acquiring regional news and current affairs channel Maurya TV, launched by film ......
Infrastructure
Etihad gets cabinet clearance for Jet Airways deal
The Cabinet Committee on Economic Affairs (CCEA) has given its green signal to Abu Dhabi-based Etihad Airways to buy 24 ......
Manufacturing
Essar Energy to sell entire stake in Kenya Petroleum Refineries for $5M
London Stock Exchange-listed Essar Energy Plc has decided to exit its joint venture Kenya Petroleum Refineries Ltd (KPRL), which operates ......
Manufacturing
Ashok Leyland sells automotive testing solutions unit to UK-based Exova Group
Hinduja Group’s commercial vehicle company Ashok Leyland has sold its automotive testing solutions unit Defiance Testing and Engineering Services (DTE) ......
TMT
Cognizant acquires French financial services consulting firm Equinox
IT services major Cognizant has acquired France-based Equinox Consulting, a financial services consulting firm, for an undisclosed amount, the company ......
Consumer
Future Lifestyle Fashions lists, exits apparel firm Biba
Future Group’s lifestyle business housed under a new firm Future Lifestyle Fashions Ltd (FLF) got listed on the stock exchanges ......
Consumer
French stationery major BIC Group exercises call option to pick majority stake in Cello for $45M
French stationery major BIC Group has exercised the call option to raise its holding in seven entities under domestic stationery ......
Manufacturing
Bayer CropScience selling a part of Ankleshwar unit to group firm for $4M
Agro-chemical firm Bayer CropScience Ltd, has signed an asset transfer agreement with group firm Bayer MaterialScience Pvt Ltd to sell ......
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