Mergers and acquisitions involving digital firms that have one tenth of their global users or gross merchandise value in the previous one year or annual turnover in India would require clearance from the Competition...
CCI approves Tata Motors Finance merger with Tata Capital
The Competition Comission of India on Tuesday announced that it had approved the merger of Tata Motor Finance with Tata Capital. The merger, announced in June, will see Tata Capital issue its equity shares to the...
Fortis seeks CCI nod to buy 31.52% more in diagnostics subsidiary Agilus
Fortis Healthcare has sought the Competition Commission of India’s approval for its proposed acquisition of another 31.52% stake in its diagnostics arm, Agilus, from private equity players. In its application to...
EQT to acquire ChrysCap-owned healthcare BPO GeBBS
Swedish Private Equity fund EQT has signed an agreement with homegrown PE fund ChrysCapital to acquire GeBBS Healthcare Solutions, a leading provider of revenue cycle management (RCM) services and risk adjustment...
GMR buys out Fraport’s 10% in Delhi Airport for Rs 1,058 crore
GMR Airports Monday said it has bought out German airport operator Fraport’s 10% stake in Delhi airport for $126 million (about ₹1,058 crore). GMR operates Delhi, Hyderabad and Goa airports. Fraport is the owner...
NCLT dismisses Bank of Maharashtra’s plea against personal guarantors of Gopal Krishna Oil Tech Industries
The National Company Law Tribunal in Mumbai has dismissed the Bank of Maharashtra’s application to initiate insolvency resolution proceedings against the personal guarantors of Gopal Krishna Oil Tech Industries Pvt. Ltd...
NIIF gets CCI’s clearance to acquire additional stake in Ather Energy
The Competition Commission of India has approved the National Investment and Infrastructure Fund’s (NIIF) proposal to acquire an additional stake in Ather Energy. The deal was cleared by the competition watchdog...
NCLT dismisses Bank of Maharashtra’s plea against personal guarantors of Gopal Krishna Oil Tech Industries
The National Company Law Tribunal in Mumbai has dismissed the Bank of Maharashtra’s application to initiate insolvency resolution proceedings against the personal guarantors of Gopal Krishna Oil Tech Industries Pvt. Ltd...
Merger of NBFCs: Caspian Debt to merge with BlackSoil Capital
Two of India’s Non-banking Financial Companies (NBFCs), BlackSoil Capital, an alternative credit provider, and Caspian Impact Investments (Debt), an impact investment lender, on Thursday announced that they have...
EQT set to acquire BPO GeBBS from ChrysCapital
Swedish private equity fund EQT is set to acquire Los Angeles-based healthcare BPO company GeBBS Healthcare Solutions, outbidding Hillhouse Investment by a whisker after intense negotiations that lasted for over a week...
Britannia in talks to buy northeast’s Kishlay Foods
Britannia Industries is in talks to acquire a controlling stake in Kishlay Foods, a Guwahati-based maker of western and ethnic snacks, biscuits, sweets, potato chips, noodles and tea, at a valuation of `600- 700 crore...
Natco Pharma acquires 40 million shares in eGenesis Inc
Natco Pharma Ltd on Wednesday said its Canadian subsidiary acquired 40 million shares in eGenesis Inc., a biotechnology company at the forefront of xenotransplantation focused on developing safe and effective human...
