M&A
TMT
HCL Tech to acquire Strong-Bridge Envision for $45 mn
HCL Technologies Ltd said on Wednesday it has agreed to acquire US-based Strong-Bridge Envision to enhance its digital transformation...
Manufacturing
Bank of Maharashtra to auction Videocon plant in Tamil Nadu
Government-owned Bank of Maharashtra will auction the consumer electronics manufacturing plant of Videocon Industries in Tamil...
Manufacturing
Debt-laden Garden Silk may draw interest from asset reconstruction firm
Garden Silk Mills Ltd is likely to evince interest from an asset reconstruction company as its biggest lender will soon ......
Manufacturing
Kedaara-backed Mahindra CIE to acquire Aurangabad Electricals for $125 mn
Mahindra CIE Automotive Ltd, which counts homegrown private equity firm Kedaara Capital as a minority shareholder, announced on...
Consumer
Spain's Puig makes India entry with investment in PE-backed Kama Ayurveda
Spanish fashion and fragrance company Puig SL has marked its entry into India by picking a minority stake in private ......
TMT
Ebix offers to acquire Yatra for $336 mn to boost travel portfolio
U.S. software firm Ebix Inc said on Monday it has offered to buy Indian travel services company Yatra Online Inc ......
TMT
Indian Angel Network invests in auto-parts marketplace SparesHub
Automobile parts marketplace SparesHub, run by Iradium Automobiles Pvt. Ltd, has raised Rs 3.5 crore ($500,710 at current...
Manufacturing
NCLT approves ArcelorMittal's takeover bid for Essar Steel
The National Company Law Tribunal (NCLT) approved steel giant ArcelorMittal SA's takeover bid for debt-ridden Essar Steel,...
Infrastructure
StanChart PE-backed Redington acquires logistics company
Redington (India) Ltd, a distributor of technology and electronics products including Apple iPhones, has acquired a 90% stake in Auroma ......
Healthcare
Suven Life inks pact to buy assets of Aceto's Rising Pharma units
Biopharmaceutical company Suven Life Sciences Ltd has signed an agreement to buy the assets of US-based Aceto Corporation’s...
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