M&A
Healthcare
Orchid Pharma sells penicillin & penem API biz to Hospira for $200M
Chennai-based global pharma major Orchid Chemicals & Pharmaceuticals Ltd has sold its penicillin and penem API business, including a unit ......
Manufacturing
Tamil Nadu-based ELGI Equipments acquires Italy's Rotair
Tamil Nadu-based air compressor manufacturer ELGI Equipments Ltd has acquired Italy’s Rotair S.p.a. through its subsidiary ELGI Compressors Italy S.r.l. ......
TMT
Japanese advertising major Dentsu acquires 51% stake in Taproot India
Japanese advertising major Dentsu Inc. has acquired 51 per cent stake in Mumbai-based advertising agency Taproot India Communication Pvt Ltd ......
Technology
Fashionandyou acquires VC-backed fashion & beauty e-tailer UrbanTouch.com
Fashionandyou.com, a flash sales site of the Delhi-based Smile Group, has acquired fashion and beauty e-tailor ......
General
SocGen in talks to sell vehicle finance biz in India to L&T Finance
French Banking group Societe Generale is in talks to sell its wholly owned vehicle finance subsidiary FamilyCredit Ltd to L&T ......
Manufacturing
L&T to sell plastics machinery business to Toshiba
Engineering major Larsen & Toubro is in talks to sell its plastics machinery business subsidiary L&T Plastics Machinery Ltd (LTPML) ......
Manufacturing
SAAB to invest $38M in PE-backed Pipavav Defence and Offshore Engineering
Swedish defence and security company SAAB has signed a memorandum of understanding (MoU) with Pipavav Defence and Offshore Engineering Co ......
TMT
Pole To Win acquires interactive entertainment biz of Canaan-backed BPO e4e
Japanese game testing company Pole to Win (a part of Poletowin Pitcrew Holdings) has acquired the global interactive entertainment division ......
Manufacturing
Mitsui picks up 30% in plumbing major Toto's India unit for $10.9M
Japanese conglomerate Mitsui & Co., Ltd is picking a 30 per cent stake in the India arm of Toto Ltd, ......
TMT
VC-backed Vriti Infocom sells telecom connections sales and comparison site Connectindia
Intel Capital and Jafco Asia-backed has sold one of its digital media properties Connectindia.in, a site that lets users compare ......
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