Max Healthcare, one of India’s largest private healthcare providers on Friday said it has entered Nagpur, Maharashtra through acquisition of 200 bedded Alexis Multi-Speciality Hospital Rs 412 crores in an all cash deal...
Reliance Consumer Products acquires Ravalgaon’s confectionery brands for Rs 27 crore
Reliance Consumer Products (RCPL) has acquired the trademarks, recipes, and all intellectual property rights of sugar-boiled confectionery maker Ravalgaon for Rs 27 crore, according to a stock market disclosure by...
Paytm E-commerce renamed as Pai Platforms, acquires ONDC seller firm Bitsila
Paytm E-commerce has changed its name to Pai Platforms and has acquired Bitsila, a seller platform on ONDC, gaining share in the online retail business. According to sources aware of the development, the company had...
ZEE shareholder Mad Man Film Ventures files fresh application in NCLT against Sony
ZEE shareholder Mad Man Film Ventures has filed another application before the National Company Law Tribunal (NCLT) on Friday stating that Sony cannot pre-empt proceedings while the matter is pending before the tribunal...
Leaders have to navigate through a maze if they decide on M&A
All corporate leaders want to grow their businesses. Many see organic growth — or internal growth — as the only way to drive businesses. But they should also plan for inorganic growth — mergers and acquisitions — as...
Bankruptcy court orders liquidation of Mehul Choksi-promoted Gitanjali Gems
The Mumbai bench of the National Company Law Tribunal has ordered the liquidation of fugitive diamantaire Mehul Choksi-promoted firm Gitanjali Gems. The tribunal has also appointed Santanu T Ray as the liquidator. The...
NCLT issues notice to Byju’s in insolvency case filed by a BPO service provider
The National Company Law Tribunal, Bengaluru, Wednesday, issued notice to edtech behemoth Byju’s in an insolvency proceeding filed by customer support company Teleperformance Business Services India Ltd. Teleperformance...
Tata Steel board decides not to merge TRF Ltd as company sees turnaround
Tata Steel on Wednesday said its board has decided not to pursue the amalgamation of TRF Ltd, as the associate company is witnessing a turnaround in its business performance. Tata Steel had earlier announced the...
Thyrocare to buy home ECG service provider Think Health
Pharmeasy-backed diagnostic provider Thyrocare, said it will be acquiring 100% stake in Chennai-based Think Health Diagnostics to enter into providing electrocardiogram (ECG) services at home. The financial details of...
SoftBank-backed fintech startup Juspay acquires LotusPay in all-cash deal
SoftBank-backed payments infrastructure firm Juspay has acquired LotusPay in an all-cash deal. Bengaluru-based Juspay provides payments solutions for leading companies in various sectors such as BFSI, ecommerce, travel...
Device-care provider Onsitego acquires Qdigi Services from Quess Corp
Accel-backed device-care provider Onsitego has acquired Qdigi Services from business services provider Quess Corp for Rs 80 crore. The transaction is expected to complete in the next two to three months with Quess...
Tata Steel completes proposed amalgamation of five of nine subsidiaries
Tata Steel Ltd announced that it has successfully amalgamated five of its nine strategic businesses, in line with its long-term strategy and commitment to simplify its business portfolio. In an exchange filing on...
