M&A
TMT
UAE-based Network International buys majority stake in TimesofMoney
Times Group company Times Internet Ltd has recently sold a majority stake in digital payment service providing subsidiary TimesofMoney Ltd ......
Healthcare
L&T to sell medical equipment biz to Mysore-based Skanray
Engineering major Larsen & Toubro (L&T) has agreed to sell its Mysore-based medical equipment business to privately held Skanray Healthcare ......
Manufacturing
New Zealand-based Fletcher Building buying Well Pack's laminate biz for $6.6M
Formica Group, a part of New Zealand's Fletcher Building Ltd, has acquired the decorative laminate manufacturing division of Well Pack ......
Consumer
Diageo to buy up to 53.4% of United Spirits in a $2.1B deal
Diageo, the world’s largest spirits company by revenue, has signed a deal to acquire up to 53.4 per cent of ......
TMT
Myntra acquires Exclusively.in and its online private label Sher Singh
Bangalore-based Myntra Designs Pvt Ltd, which runs the lifestyle e-commerce site Myntra.com, has acquired Exclusively.in Inc., the company behind the ......
Manufacturing
Hinduja Group's Gulf Oil buys Houghton for $1.04B
Hinduja Group company Gulf Oil Corporation Ltd (GOCL), through its UK subsidiary, has acquired 100 per cent stake in Houghton ......
Manufacturing
Tata Power buys 26% of Indonesian coal producer Baramulti Sukses Sarana
Tata Power has bought a 26 per cent stake in Indonesian coal producer PT Baramulti Sukses Sarana Tbk (BSSR), which ......
Consumer
Diageo to buy large stake in United Spirits at Rs 1,464 per share
Diageo, the world’s largest spirits company by revenue, is set to sign a term sheet with UB Group to buy ......
Technology
MakeMyTrip acquires HotelTravel.com for $25M
NASDAQ-listed online travel services firm MakeMyTrip India Pvt Ltd (MMT) has acquired the Hotel Travel Group (HT Group) ......
Consumer
Mahindra Holidays buys 49% in Bangkok resort Mac Boutique Suites
India’s largest vacation ownership company Mahindra Holidays and Resorts India Ltd (MHRIL) has added a 77-room resort called Mac Boutique ......
