International Finance Corporation (IFC) is planning to invest around $60 million (around Rs 390 crore in Tata Capital Housing Finance Limited (TCHFL). The investment will involve an IFC subscription of up to the rupee...
Asian Paints to acquire Sleek Group; foray into kitchen space
It’s always been more about homes than paint so for Asian Paints, moving into providing kitchen solutions is a logical step up the value chain. It has acquired a 51% stake in Sleek Group, a leading organised...
Berger Paints buys Sherwin Williams’ architectural paints operations
MUMBAI: Berger Paints IndiaBSE -0.56 % has acquired the architectural paints business of Sherwin Williams Paints India for an undisclosed amount. The acquisition will be carried out through the Kolkata-based...
Berger Paints, Nippon group to strengthen joint venture
KOLKATA: Berger PaintsBSE -0.56 % India and the Nippon group of Japan have decided to strengthen their 49:51 joint venture for manufacture of coatings for plastic substrates — BNB Coating India. The two have entered...
Bajaj Electricals planning to buy Hind Lamps mfg biz
NEW DELHI: Bajaj ElectricalsBSE 0.31 % today said it is considering to acquire the manufacturing business of Shikohabad-based Hind Lamps Ltd. The board of directors of the company would meet “on November 23, 2015...
Titan, HP to jointly make smartwatches for India, global markets
India’s largest watchmaker, Titan, will launch a ‘smartwatch’ — which it has jointly designed and built with global computing major HP Inc — in India and select international markets by December. With this...
Titan, HP to jointly make smartwatches for India, global markets
India’s largest watchmaker, Titan, will launch a ‘smartwatch’ — which it has jointly designed and built with global computing major HP Inc — in India and select international markets by December. With this...
Everstone Arm Acquires Stake In Massive Restaurants
F&B Asia Ventures, a unit of private equity major Everstone Capital, is picking up 50% stake in Massive Restaurants, which runs the Indian-themed Masala Library, Made in Punjab and Farzi Cafe chain of restaurants...
Helpchat Acquires Deal Discovery App Niffler
Mumbai based Niffler, an app to discover deals and discounts across offline stores, has been acquired by personal assistant app Helpchat, for an undisclosed amount. The deal will enable Helpchat (operated by Coraza...
OrbiMed Invests In Online Pharmacy Startup NetMeds Marketplace
Online pharma aggregator Netmeds.com, has raised about R325 Cr ($50 Mn) from healthcare focused mid-stage PE firm OrbiMed. The round also saw the participation from Pradeep Dadha Group and boutique investment bank MAPE...
The Tenon Group Acquires Stake In Singapore Based Frontline Security
Security & Facility Management Corporation, The Tenon Group has acquired 51% stake in Singapore based Frontline Security Pte Ltd, for a consideration of about R19 Cr (GBP 1.9 Mn) in an all equity deal. Tenon...
Antworks Acquires US Based Benchmark Systems
Business process management and technology startup Antworks, has acquired US based healthcare applications service provider, Benchmark Systems, in an all cash deal, estimated at about R33 Cr. Antworks also expects to...