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Once-iconic textile firm enters bankruptcy to weave its way out of crisis

Manufacturing

14 July, 2020

Once-iconic textile firm enters bankruptcy to weave its way out of crisis

A textile company that owns a once-iconic saree brand is the latest to enter bankruptcy proceedings after a Mumbai-based asset...

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Chennai builder Casagrand's co-promoters to split; Arun MN to buy out partner's stake

Infrastructure

10 July, 2020

Chennai builder Casagrand's co-promoters to split; Arun MN to buy out partner's stake

It will officially be a split-up for the two founders of Chennai-based real estate developer Casagrand in a few months, ......

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Family investment vehicle Miadiamante picks up majority stake in craft beer firm

Consumer

08 July, 2020

Family investment vehicle Miadiamante picks up majority stake in craft beer firm

Miadiamante Foods and Beverages Pvt. Ltd has acquired a majority stake in one of the oldest microbreweries in India from ......

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Virus fears damp M&As in Jan-June but cross-border sales, collapsed deals in focus

Finance

08 July, 2020

Virus fears damp M&As in Jan-June but cross-border sales, collapsed deals in focus

The number of mergers and acquisitions (M&As) involving India Inc. declined to the lowest level in at least eight years ......

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Walmart-backed Ninjacart drops plan to invest in meat delivery startup

TMT

07 July, 2020

Walmart-backed Ninjacart drops plan to invest in meat delivery startup

Agricultural-technology startup Ninjacart, which counts US retail giant Walmart Inc. as an investor, has scrapped a plan to invest...

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UK's NextEnergy Capital snaps up first India solar asset

Infrastructure

06 July, 2020

UK's NextEnergy Capital snaps up first India solar asset

London-based solar energy investor NextEnergy Capital Ltd (NEC) said Monday it has made its first acquisition in India. NEC...

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Metropolis Healthcare's deal to acquire Gujarat diagnostics firm collapses

Healthcare

02 July, 2020

Metropolis Healthcare's deal to acquire Gujarat diagnostics firm collapses

Pathology chain Metropolis Healthcare Ltd’s plan to acquire a majority stake in a Gujarat-based diagnostics company has...

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Adanis strike second deal for bankrupt firm amid allegations over impropriety

Manufacturing

01 July, 2020

Adanis strike second deal for bankrupt firm amid allegations over impropriety

The real estate arm of billionaire Gautam Adani-led Adani Enterprises Ltd is set to acquire a distressed textile company, two...

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How was one of India's earliest VC-backed tech firms valued as it found a buyer?

TMT

30 June, 2020

How was one of India's earliest VC-backed tech firms valued as it found a buyer?

One of India’s earliest venture capital-funded technology companies has found a buyer, two decades after it first received...

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Japanese beer major in race to pick up large stake in Indian brewer

Consumer

30 June, 2020

Japanese beer major in race to pick up large stake in Indian brewer

One of the top Japanese beer makers is in talks to pick a large stake in an Indian beer maker ......

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