M&A
Manufacturing
JM Financial ARC, US firm invest $28 mn in textile company
Homegrown financial services firm JM Financial Ltd’s asset reconstruction arm and a San Francisco, US-based investment firm...
Finance
Oaktree bids most for Dewan Housing as Piramal, Adani revise offers
US-based Oaktree Capital Management has likely submitted the highest bid for Dewan Housing Finance Corp (DHFL) even as Piramal...
Healthcare
Serum Institute of India pares stake in another vaccine maker
Serum Institute of India Pvt. Ltd, the world’s largest vaccine maker, has offloaded a fourth of its stake in another ......
Consumer
American insole maker Ortholite inks deal with local shoes co to set up India biz
Ortholite, one of the leading high-performance insole makers globally, is all set to enter India through a strategic partnership...
Consumer
Nalanda Capital-backed TTK Prestige scraps Australian JV, takes a write-off
Kitchen appliances maker TTK Prestige Ltd has decided to end its Australian joint venture and is writing off its investment, ......
Consumer
How Chandrababu Naidu's Heritage Foods got singed in all-stock deal to sell retail biz
Heritage Foods Ltd has sold its entire stake in Future Retail Ltd for around half of what it was valued ......
TMT
Reliance Infratel lenders to take 90% haircut as Jio set to take control
Reliance Infratel Ltd’s financial creditors will take a haircut of as much as 90% on their loans under a court-approved...
Consumer
BanyanTree-backed Nilon's sounds out food companies, PE firms for stake sale
Nilons Enterprises Pvt. Ltd is exploring the possibility of a potential deal either with a private equity firm or a ......
Manufacturing
ARC prepares to swoop in on steel firm even as lenders near one-time settlement
A top asset reconstruction company (ARC) is circling a steel maker even as lenders near a one-time settlement (OTS) with ......
TMT
Eruditus scouts for M&As after building war chest from Prosus, Zuckerberg foundation
Eruditus Learning Solutions Pte Ltd, which raised Series D funding in August, plans to use a significant part of the ......









