M&A
TMT
Edelman India acquires Cream Events
has acquired Cream Events Pvt Ltd, a new-age events company working within the luxury and lifestyle sector across India, for ......
TMT
PE-backed PVR picking 69.3% in Cinemax for $71M, to become top multiplex operator
PVR Ltd, the third largest multiplex chain operator in the country, has struck a deal to acquire the entire 69.27 ......
TMT
Bharatmatrimony owner sells majority stake in Clickjobs.com, to focus on core business
Matrimony.com Pvt Ltd (Formerly Consim Info Pvt Ltd), which owns a string of consumer Internet properties including real estate website ......
Manufacturing
Tamil Nadu-based ELGI Equipments acquires American firm Patton's Inc
Tamil Nadu-based air compressor manufacturer ELGI Equipments Ltd has acquired US-based Patton’s Inc. through its newly incorporated subsidiary, Elgi Compressors ......
Consumer
PE-backed Career Point eyes acquisitions worth up to $18M, revives franchise model
Kota-based tutorial services company Career Point Ltd is looking at acquisitions to expand its base beyond Northern India. The public-listed ......
General
Microfinance institutions set to see further consolidation
The microfinance institutions (MFI) sector, subjected to a blizzard of critical regulatory changes over the past two years – both ......
Manufacturing
Saab to pick 26% stake in aerostructure assembly JV with PE-backed QuEST
Warburg Pincus-backed QuEST Global’s group firm QuEST Global Manufacturing has signed a joint venture agreement with Swedish defence and security ......
TMT
Times Internet acquires lifestyle portal MensXP.com
Times Internet Ltd, the digital media arm of the Times Group, has acquired men’s lifestyle portal MensXP.com, for an undisclosed ......
TMT
MakeMyTrip acquires majority stake in Thai hotel aggregator ITC Group for $3.2M
NASDAQ-listed online travel services firm MakeMyTrip Ltd has struck its second acquisition within a month by snapping an effective majority ......
General
Accretive (Dilutive) Deals can be bad (good) deals
Analysts, investors and journalists who follow stocks have an obsessive focus on earnings per share, what it is now and ......
