In a boost to the Air India-Vistara merger, Singapore Airlines (SIA) on Friday said that it has received approval from the Government of India for foreign direct investment (FDI) in a deal with the Tatas, the airline...
SP Jain Group acquires California Miramar University
The SP Jain Group has acquired California Miramar University (CMU), which will allow the group that runs business schools to offer artificial intelligence-related master’s and bachelor’s programmes to global students...
GCC consultant ANSR acquires hrEntries to boost talent solutions
ANSR, one of the top firms that helps set up global capability centers (GCCs) in India, has announced the acquisition of hrEntries, a human capital management system (HCM) platform, in an all-stock deal. The financial...
Reliance Industries and Walt Disney merger approved by Competition Commission of India
The Competition Commission of India (CCI) has approved the merger between Reliance Industries-promoted Viacom18 and Walt Disney-owned Star India three months after they filed for it, paving the way for the creation of...
Foreign lenders lured by rare stake sales in India banks, but tighter rules weigh
Talks to sell majority stakes in two Indian banks have attracted interest from foreign peers in Japan and the Middle East betting on a fast-growing economy, but tighter regulations and valuation concerns could curb...
Fairfax, Bain look to buy Gujarat API company Farmson
Canadian billionaire Prem Watsa’s Fairfax Group and Bain Capital are vying for a buyout of Vadodara-based active pharmaceuticals ingredient (API) maker Farmson Basic Drugs in a deal valuing the company at ₹4,000...
SaaS unicorn Browserstack acquires Berlin-based startup Bird Eats Bug
Accel-backed mobile and web software testing platform Browserstack has acquired Berlin-based bug reporting startup Bird Eats Bug in a $20 million deal. Valued at $4 billion when it last raised capital in 2021...
ChrysCap in advanced talks to acquire homegrown The Belgian Waffle Co
Private equity firm ChrysCapital is close to acquiring homegrown desserts chain The Belgian Waffle Co., three people aware of the development said, in a deal that values the nine-year-old company at ₹1,300 crore...
Medi Assist acquires Fairfax-backed Paramount TPA for Rs 312 crore
Medi Assist, India’s largest third-party administrator (TPA) on Monday said its wholly-owned subsidiary Medi Assist TPA has signed definitive agreement to acquire FairFax Asia-backed Paramount TPA for Rs 311.8...
Blackstone, GIC among 10 bidders in fray for LOGOS India’s three assets
Global institutional investors including private equity major Blackstone Group, Singapore’s sovereign wealth fund GIC and Japanese shipping major Mitsui OSK Lines have bid to acquire LOGOS India’s select...
Vistara-Air India Merger: Final FDI approval expected soon, merger likely after Diwali
The much-anticipated merger of Vistara into Air India is set to move forward with the final approval for foreign direct investment (FDI) from Singapore Airlines (SIA) expected as soon as Saturday. This approval will...
HDFC Bank rejects MUFG’s $2 billion cheque for NBFC arm
The largest foreign direct investment (FDI) proposal in financial services in the country—involving the biggest banks in Japan and India by market capitalisation—is now dead. The board of HDFC Bank on Wednesday rejected...
