M&A
Manufacturing
Axis IT&T's arm Cades acquiring 76% stake in Indian subsidiary of Studec France
Bangalore-based Cades Digitech Pvt Ltd, a subsidiary of the product design and engineering services company Axis IT&T Ltd, is buying ......
TMT
Digital ad startup AdFederal Media merges with Dynamis Mentors-backed Lyxel Digital
Digital ad and analytics startup AdFederal Media Pvt Ltd has merged its operations with a digital ad network called Lyxel Digital Pvt Ltd, ......
TMT
Mobile VAS firm OnMobile to buy US-based Livewire Mobile for $17.8M
Bangalore-based mobile VAS company OnMobile Global Ltd is acquiring Boston-based Livewire Mobile, a provider of managed entertainment solutions for mobile ......
TMT
Wipro puts in $5M to pick up minority stake in machine-to-machine applications firm Axeda
Global IT services major Wipro Ltd has invested $5 million to pick up a minority stake in US-based Axeda Corporation, ......
TMT
Canada's internet conglomerate Valnet acquires online luxury magazine BornRich
Shimla-based online luxury magazine BornRich has been acquired by Canada’s internet conglomerate Valnet Inc. for an undisclosed amount, according to a company statement.“It’s a ......
Consumer
Tilaknagar Industries sells subsidiary Shivprabha Sugars; inks pact with Mohan Breweries for 2 brands
Indian made foreign liquor (IMFL) manufacturer Tilaknagar Industries Ltd (TIL) has sold its entire stake in Solapur-based sugar manufacturing arm ......
Manufacturing
Aditya Birla Chemicals buys Avantha Group firm Solaris ChemTech's chlor-alkali biz for $27M
Aditya Birla Chemicals (India) Ltd (ABCIL) has acquired the chlor-alkali & phosphoric acid division (CA&P division) of Solaris ChemTech Industries ......
Manufacturing
Aditya Birla Group, Coal India among suitors for $3.2B Rio Tinto's coal assets
Aditya Birla Group, Coal India Ltd and China's state-owned Shenhua Group Corp Ltd are among companies considering bids for some ......
General
Sumitomo cuts Barclays stake with $400M sale
Japan's Sumitomo Mitsui Banking Corp (SMBC) has sold a 260 million pound ($400 million) stake in Barclays, about half its ......
Healthcare
Sun Pharma in talks to buy Swedish drug-maker Meda for $5-6B
Sun Pharmaceutical Industries Ltd is in talks to buy Swedish drugmaker Meda AB for $5 billion-$6 billion to boost its ......
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