M&A
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 ......
Medical Devices
Trivitron Healthcare acquires Finland-based Ani Labsystems for $22M
Chennai-based medical device and technology provider Trivitron Healthcare Pvt Ltd has acquired Finland-based Ani ......
Consumer
MT Educare to acquire 51% stake in IIT entrance teaching institute Lakshya
Mumbai-based K-12 tutoring and test preparation firm MT Educare Ltd (MTEL) is buying 51 per cent stake in Lakshya Forum ......
Infrastructure
Etihad set to pick 24% in Jet Airways in $400M deal, transaction at huge premium
Etihad Airways of the UAE is close to acquiring 24 per cent stake in India’s second largest carrier Jet Airways ......
Consumer
Wellness firm VLCC acquires Malaysia's Wyann International
Wellness and beauty company VLCC has acquired a majority stake in Wyann International, a Malaysia-based slimming and beauty chain for ......
Consumer
Royal Palms hires advisor for sale of hospitality biz, to diversify into farming
Royal Palms India Pvt Ltd, part of the Amir Group of Companies, is looking to sell off its four hotel ......
Pharmaceuticals
Cipla to acquire 51% stake in South Africa's Cipla Medpro for $220M
Mumbai-based is acquiring around 51 per cent stake in Cipla Medpro South Africa Ltd, the company's distribution ......
TMT
PVR leads the race to buy Cinemax India, to emerge as largest multiplex chain
PVR Ltd, the third largest multiplex chain operator in the country, is leading the race to buy a majority stake ......
Manufacturing
VISA Steel to sell 49% stake in coke-making JV to US-based SunCoke for $67M
Bhubaneswar-based steel manufacturing company VISA Steel Ltd has formed a coke-making joint venture with SunCoke Energy Inc. of the US ......
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