M&A
TMT
Gruner + Jahr's Indian arm NetworkPlay buys Smile Vun Group's mobile ad network Seventynine
Smile Vun Group (SVG), a joint venture between Manish Vij’s Vun Network and Harish Bahl’s Smile Group, has announced the ......
Infrastructure
Railway Land Development Authority looking to raise over $1B by 2015 from land parcels across India
Railway Land Development Authority (RLDA), a statutory authority under the Ministry of Railways, is looking to raise close to Rs ......
Commodities
IFC-backed JK Paper picking 20% stake in packaging JV with Oji and Marubeni
Paper manufacturing company JK Paper Ltd has joined hands with Japan’s Oji Holdings Corporation and Marubeni ......
Consumer
Mahindra Holidays acquires resort near Shimla
Public listed vacation ownership company Mahindra Holidays and Resorts India Ltd (MHRIL), a part of the $15.4 billion Mahindra group, ......
Manufacturing
Jindal Poly Films to acquire global BOPP business of ExxonMobil
Jindal Poly Films Ltd has struck a deal to acquire the global biaxially oriented polypropylene (BOPP) business of ExxonMobil Chemical ......
Infrastructure
Runwal Group strikes $55M deal to acquire Mumbai suburb plant of CK Birla's Neosym
Mumbai-based real estate developer Runwal Group has bought one of the two plants of Neosym Industries Ltd from the CK ......
Manufacturing
Toshiba picks 51% stake in JV with Johnson Lifts
Toshiba Elevator and Building Systems Corporation, a subsidiary of $200 billion Japanese conglomerate Toshiba Corporation, has joined hands with Chennai-based ......
Consumer
Biba picks 51% in a JV with designer Manish Arora
Future Ventures-promoted Biba Apparels Pvt Ltd, a retailer of ethnic women’s wear, has entered a joint venture with fashion designer ......
General
Stock Holding Corporation of India to merge with IDBI Bank
The Stock Holding Corporation of India Ltd (SHCIL), a subsidiary of the IDBI Bank and India’s largest custodian of securities, ......
TMT
RP-Sanjiv Goenka Group picking majority in Firstsource for up to $119M; Temasek to part exit with huge loss
The RP-Sanjiv Goenka Group has struck a deal to acquire public listed BPO firm Firstsource Solutions Ltd through a mix ......