DIPAM Secretary Arunish Chawla on Thursday expressed hope of completing the IDBI stake sale this fiscal, as the qualified bidders have nearly completed their due diligence process. Speaking to the media at the sidelines...
Wipro buys HARMAN’s DTS business unit
Wipro Limited, the technology services and consulting company, will acquire the Digital Transformation Solutions (DTS) business unit of HARMAN, a Samsung company, Wipro said on Thursday. The $375 million (Rs 3,270...
UltraTech Cement to sell up to 6.5% stake in India Cements
UltraTech Cement is set to offload 6.49% stake in its unit India Cements via an open market offer for sale, the Committee of Directors and Officers approved on Wednesday. Aditya Birla-owned UltraTech Cement, which took...
Vedanta demerger deadline at risk as NCLT defers hearing
The Mumbai bench of National Company Law Tribunal has deferred the hearing for Vedanta to September 17, which could effectively see the company missing its deadline of September 30 for its proposed demerger. The...
Aurobindo Pharma closing in on $5.5b Zentiva buyout
Aurobindo Pharma has emerged as the frontrunner to acquire Prague-based generic drugmaker Zentiva for $5-5.5 billion (Rs 43,500-47,900 crore) from Advent International, said several people aware of the matter...
CCI approves Carlyle Group’s stake purchase in Quest Global, other key deals
The Competition Commission of India (CCI) on Tuesday said it has approved four proposals, including the acquisition of a stake in engineering services provider Quest Global Services by a Carlyle Group entity and Bequest...
Credgenics takes majority stake in debt collection firm Arrise
Credgenics, a software-as-a-service (SaaS) debt resolution platform, has acquired a majority stake in debt collection firm Arrise to enhance its field debt collections. The company, which works with more than 150...
Carlyle to buy major stake in Knack Global
Private equity (PE) fund Carlyle Group has signed an agreement to acquire a significant majority stake in Knack Global, a Florida-based revenue cycle management (RCM) solutions provider, at a valuation of around $500...
Wipro and Warburg amplify talks for Harman India arm
Global private equity firm Warburg Pincus and Wipro Technologies are in advanced negotiations to acquire the digital transformation solutions (DTS) business of US-headquartered audio and connected technologies firm...
StampMyVisa acquires Kunal Shah-backed travel tech startup Teleport
StampMyVisa, a B2B visa platform, has acquired Teleport, a new-age travel tech startup, as part of its plans to simplify and expand visa services across India and Southeast Asia. Teleport is backed by well-known Indian...
Norwest Venture eyes a bite of Belgian Waffle
Global venture fund Norwest Venture Partners (NVP) is leading negotiations to buy into homegrown dessert and waffle chain The Belgian Waffle Co, after talks with ChrysCapital fell through last year, said people directly...
Intas Pharma completes acquisition of UDENYCA biosimilar for $558 million
Intas Pharma has completed the acquisition of UDENYCA for $558 million, the company said in a release. UDENYCA is a biosimilar to Neulasta or Pegfilgrastim. It is used to treat side effects of radiation therapy in...
