M&A
TMT
Angel-backed ShopClues secured $4M in Series A early this year, eyes profits by Q4 2013
Gurgaon-based startup Clues Network Pvt Ltd, which runs the horizontal e-commerce marketplace ShopClues, has disclosed raising $4 million in Series A ......
TMT
Tech Mahindra buys Hutchison's BPO biz for $87.1M
Vineet Nayyar-led IT services provider Tech Mahindra Ltd has acquired 100 per cent stake in Hutchison Global Services Pvt Ltd ......
Manufacturing
JSW Steel-JSW Ispat merger to create largest Indian steelmaker, but what about value, ask analysts
JSW Steel scrip dropped 3.65 per cent on Monday after it announced a self-merger with its associate firm JSW Ispat ......
Healthcare
Pfizer front runner to clinch Strides Arcolab's specialty biz for $1.7B
Global pharmaceutical manufacturer Pfizer is in advanced talks with Strides Arcolab to buy its specialty business housing injectable drug unit ......
Healthcare
Sun Pharma to buy remaining 34% of Taro for $592M
Sun Pharmaceutical Industries Ltd, India’s largest pharmaceutical company by market capitalisation, has reached an agreement to buy out the minority ......
Consumer
Future Ventures' FMCG arm to buy convenience stores of Pantaloon Retail
Future Consumer Enterprises Ltd (FCEL), a wholly owned arm of Kishore Biyani-promoted investment and business management company Future Ventures India ......
Manufacturing
Bilcare sells US, UK biz to United Drug for $61M
Pharmaceuticals packaging solutions provider Bilcare Ltd has sold its global clinical supplies (GCS) businesses in the US and the UK ......
Consumer
Diageo to pay over $640M to UB Group for United Spirits
Diageo, the world’s largest spirits company by revenue, is looking to close the deal to buy almost the entire stake ......
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. ......
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