M&A
Manufacturing
Bilt in strategy flip, moving most of paper biz to PE-backed arm
India’s largest paper company Ballarpur Industries Ltd (Bilt) is moving almost all of its paper production business in the country ......
Healthcare
Poonawalla's Serum Institute buys NVI's production biz for $40M
The Serum Institute of India Limited (Serum) has acquired the production unit of Netherland’s state-owned vaccine maker Netherlands Vaccine Institute ......
TMT
Ncubate Capital Partners takes significant minority stake in Pune-based Nevis Networks
Early stage India-focused venture capital fund Ncubate Capital Partners has picked up a significant minority stake in Pune-based Nevis Networks ......
TMT
Gameshastra sells studio to Disney Interactive Media Group
Hyderabad-based gaming company Gameshastra has sold one of its studios to Disney Interactive Media Group. The studio was providing back-end ......
Manufacturing
Essar Energy sells 50% stake in Vietnam gas block to ENI International
In order to help manage risk and to focus more on developing its core assets, Essar Energy Plc.’s subsidiary Essar ......
Technology
Yatra acquires online hotels aggregator Travelguru from Travelocity
In a surprising move, Gurgaon-based online travel agency (OTA) Yatra Online Pvt Ltd has acquired online hotel ......
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 ......
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