M&A
Manufacturing
PE-backed Innoventive Ind to acquire 51% stake in Innovative Technomics
Multi-product engineering firm Innoventive Industries Ltd has signed an agreement with Innovative Technomics Pvt Ltd (ITPL) to acquire 51 per cent ......
Infrastructure
Praj Inds picks additional 9.8% stake in water treatment firm Neela Systems for $2.3M
Praj Industries Ltd has acquired additional 9.8 per cent stake in its Mumbai-based subsidiary Neela Systems Ltd for Rs 12.49 crore ($2.3 ......
Consumer
Future Ventures buys Big Apple convenience store chain for $11.3M
Investment and business management company Future Ventures India Ltd has struck a deal to buy the convenience store chain Big ......
Manufacturing
Bajaj Electricals sells 50% stake in power tools venture to Black & Decker for $6.6M
Bajaj Electricals Ltd has sold its entire 50 per cent stake in Mumbai-based Bajaj Ventures Ltd for Rs 36 crore ......
TMT
Tech Mahindra buys 51% of Bharti Group's mobile VAS firm Comviva for $48M
Tech Mahindra Limited, India’s sixth largest software exporter, has struck a deal to acquire 51 per cent of Comviva Technologies ......
Commodities
Max India sells BOPP film biz to Treofan for $97M
Max India Ltd has sold its unit that makes polypropylene film to Germany's Treofan for Rs 540 crore ($97 million). ......
Manufacturing
Thermax to make mid-sized acquisitions in developing markets
Energy and environment company Thermax Ltd is looking at acquiring small- to mid-sized energy equipment companies in international markets, chief ......
TMT
Hinduja Global's US subsidiary to buy Deloitte's healthcare BPO biz
BPO firm Hinduja Global Solutions Ltd’s US subsidiary Hinduja Global Solutions Inc. has signed an asset purchase agreement with Deloitte ......
Consumer
Future Ventures buys Pantaloon's salon & wellness chain Star & Sitara
Future Ventures India Ltd has acquired the salon and wellness centre business from Pantaloon Retail India Ltd that operates the ......
General
IntelleCash acquires majority stake in Arohan Microfinance
Mumbai-based IntelleCash Microfinance Network, a subsidiary of investment banking services and advisory firm Intellectual Capital Advisory Services (Intellecap), has acquired ......
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