M&A
General
Ahead of FCCB redemptions, Indian companies ring asset-sale alarm
At least half a dozen companies are scrambling to sell assets or are seeking shareholder approval to raise funds to ......
General
Annapurna Microfinance raises $2.36M from Incofin Investment Management
Orissa-based (AMPL) has raised Rs 13 crore ($2.6 million) from Belgian investment firm Incofin Investment Management's Rural Impulse Fund II.Incofin ......
Infrastructure
DLF on the verge of selling Aman Resorts
DLF, India’s largest realtor by market capitalisation, is on the verge of selling its biggest non-core asset, Aman Resorts, two ......
Healthcare
Bliss GVS Pharma buys 70% stake in skincare products maker Kremoint Pharma
Public listed drug manufacturer Bliss GVS Pharma Ltd has acquired 70 per cent stake in privately held Kremoint Pharma Pvt ......
TMT
PE-backed FINO buys Nokia's prepaid mobile payment services biz in India
Mumbai-based financial inclusion services provider has acquired the prepaid mobile payment business of erstwhile Nokia Mobile Payment Services in India ......
General
Max India to buy back Axis Bank's stake in insurance arm for up to $73M
Analjit Singh-led Max India plans to buy back the stake held by Axis Bank in Max New York Life Insurance ......
Infrastructure
Shriram Properties and Sun Apollo looking to sell Chennai SEZ
South-based Shriram Group’s real estate arm Shriram Properties and real estate investment firm Sun Apollo are looking to sell off ......
TMT
ValueFirst acquires VC-backed mobile advertising firm mGinger
Digital media firm ValueFirst Messaging Pvt Ltd has made foray into mobile advertising space by acquiring Bangalore-based mGinger, run by ......
TMT
US-based Science acquires Indian startup Pinpuff that measures ‘Pinfluence'
Los Angeles-based technology incubator has acquired Indian company Pinpuff, which measures and tracks the influence of Pinterest users and awards ......
Manufacturing
Suzlon Energy sells China manufacturing unit for $60M
Wind turbine manufacturer Suzlon Energy Ltd has sold its wholly owned China manufacturing subsidiary for Rs 340 crore ( $60 ......
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