M&A
TMT
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 ......
General
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 ......
Manufacturing
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, ......
TMT
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 ......
Healthcare
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 ......
TMT
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 ......
TMT
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 ......
General
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 ......
Consumer
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 ......
Healthcare
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 ......
