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M&A

Flipkart was valued at $1B one year ago; Naspers picked up 10% stake last August

TMT

01 July, 2013

Flipkart was valued at $1B one year ago; Naspers picked up 10% stake last August

India’s largest consumer e-commerce venture Flipkart was valued at $1.04 billion in its last round of funding around a year ......

Reliance Capital ropes in Japanese partners for banking foray

General

01 July, 2013

Reliance Capital ropes in Japanese partners for banking foray

Anil Ambani’s flagship financial services company Reliance Capital is bringing Japan's Sumitomo Mitsui Trust Bank (SMTB) and Nippon Life Insurance ......

ONGC Videsh, Oil India to buy Videocon's stake in Mozambique gas field for $2.5B

Manufacturing

01 July, 2013

ONGC Videsh, Oil India to buy Videocon's stake in Mozambique gas field for $2.5B

Oil India Ltd (OIL), along with ONGC Videsh Ltd (OVL), the overseas arm of oil & gas exploration major ONGC, ......

Tech Mahindra completes Satyam merger

TMT

25 June, 2013

Tech Mahindra completes Satyam merger

Four years after acquiring a strategic stake in the auditing scam-tainted Mahindra Satyam Ltd (formerly Satyam Computer Services Ltd), IT ......

PE-backed KIMS buys two hospitals, eyes wellness centres

Healthcare

24 June, 2013

PE-backed KIMS buys two hospitals, eyes wellness centres

OrbiMed and Ascent Capital-backed tertiary healthcare services chain Kerala Institute of Medical Sciences (KIMS) has snapped two small under-construction hospitals ......

South African digital media giant Naspers acquires redBus.in

TMT

25 June, 2013

South African digital media giant Naspers acquires redBus.in

South African media conglomerate Naspers’ Indian arm ibiboGroup (MIH India), has formally announced the acquisition of Bangalore-based Pilani Softlabs Pvt ......

Vodafone offers $10B to buy Kabel Deutschland

TMT

24 June, 2013

Vodafone offers $10B to buy Kabel Deutschland

Vodafone has agreed to buy Germany's largest cable operator Kabel Deutschland for 7.7 billion euros ($10 billion), adding TV and ......

Premium
Religare buys out PN Vijay Financial, founder to run the business

General

20 June, 2013

Religare buys out PN Vijay Financial, founder to run the business

Diversified financial services group Religare Enterprises Ltd (REL) has acquired PN Vijay Financial Services Pvt Ltd (PNVF) through one of ......

Tree House completes Brainworks acquisition for $1M

Consumer

20 June, 2013

Tree House completes Brainworks acquisition for $1M

Tree House Education & Accessories Ltd has completed the acquisition of brand and assets of Brainworks, a national chain of ......

Essilor acquires majority stake in Surat-based Deepak Optic

Healthcare

19 June, 2013

Essilor acquires majority stake in Surat-based Deepak Optic

World’s largest ophthalmic lens maker Essilor International SA has acquired a majority stake in Surat-based Deepak Optic for an undisclosed ......

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