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First Cut: How dealmaking shaped up in India in 2019

Finance

18 December, 2019

First Cut: How dealmaking shaped up in India in 2019

A lack of big-ticket mergers and acquisitions took its toll on Indian deal street with the overall transaction value skidding ......

Sensex, Nifty rise as US-China trade hopes boost sentiment

Markets

27 November, 2019

Sensex, Nifty rise as US-China trade hopes boost sentiment

Indian shares ended higher on Wednesday tracking global equity markets, as upbeat comments by US President Donald Trump that Washington ......

Check out India's best-paid corporate execs

General

01 November, 2019

Check out India's best-paid corporate execs

India Inc’s bosses pocketed big cheques for the last financial year thanks to parting or retiring executives cashing in their ......

L&T Infotech to buy PowerupCloud in this year's fourth acquisition

TMT

17 October, 2019

L&T Infotech to buy PowerupCloud in this year's fourth acquisition

Larsen & Toubro Infotech Ltd said on Thursday it has agreed to acquire consultancy PowerupCloud Technologies Pvt. Ltd as part ......

Mindtree names former Cognizant executive as CEO

People

02 August, 2019

Mindtree names former Cognizant executive as CEO

Indian IT services firm Mindtree Ltd on Friday named former Cognizant executive Debashis Chatterjee as its new managing director and ......

Cafe Coffee Day founder goes missing; pressure from PE firm, lenders seen as trigger

Consumer

30 July, 2019

Cafe Coffee Day founder goes missing; pressure from PE firm, lenders seen as trigger

VG Siddhartha, who built India’s largest coffee retail chain under the Café Coffee Day brand, has gone missing and may ......

L&T Infotech to acquire advanced analytics firm Lymbyc

TMT

17 July, 2019

L&T Infotech to acquire advanced analytics firm Lymbyc

Larsen & Toubro Infotech Ltd has agreed to acquire advanced analytics company Lymbyc Solutions Pvt. Ltd to strengthen its digital ......

Mindtree CEO, two founders quit after L&T completes takeover

People

05 July, 2019

Mindtree CEO, two founders quit after L&T completes takeover

Mindtree Ltd said on Friday that chief executive officer Rostow Ravanan and founders Krishnakumar Natarajan and NS Parthasarathy will be ......

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Nalanda Capital clocks benchmark returns from Mindtree stake sale to L&T

Finance

24 June, 2019

Nalanda Capital clocks benchmark returns from Mindtree stake sale to L&T

Nalanda Capital, an India-focussed private equity-style investor in public equities (PIPE), has sold its entire stake in software services company ......

Schneider's $2.1 bn Temasek-backed India deal gets CCI nod with riders

Manufacturing

10 June, 2019

Schneider's $2.1 bn Temasek-backed India deal gets CCI nod with riders

India’s antitrust regulator has approved the acquisition of Larsen & Toubro Ltd’s electrical and automation business by French corporation Schneider ......