Reliance Retail, Adani Group’s JV April Moon Retail and 11 other companies have made it to the final list of prospective bidders for acquiring debt-ridden Future Retail Ltd. These companies have been included in...
Bessemer Ventures-backed Medi Assist acquires UK-based Mayfair
Bessemer Ventures-backed Medi Assist Healthcare Services Ltd. has acquired a majority stake in Mayfair We Care (Mayfair), a UK-based healthcare-focused administration service provider, for an undisclosed cash deal. The...
Aakash Health buys Tashkent hospital
New Delhi-based Aakash Healthcare Pvt. Ltd on Wednesday said it has acquired Asia Med Centre in Uzbekistan’s Tashkent for $4 million. The upgraded 60-bedded multi-speciality hospital will be opened to the public on 23...
UK Paints(India) acquires 50.092% stake in Berger Paints
U.K Paints (India) Ltd on Wednesday announced that it has acquired 50.09 per cent stake in Berger Paints. UK Paints (India) acquired the shares through open market operations. The company has acquired the 20,000 shares...
RIL, Nykaa eye promoter stake in TCNS
Reliance Retail, Nykaa, Aditya Birla Fashion and Trent Ltd, as well as private equity investors such as TPG Capital and Advent International, have shown interest in buying TA Associates’ 29.24% stake in TCNS Clothing...
ONGC Videsh set to retake its Sakhalin-1 stake
ONGC Videsh Ltd, the overseas arm of state-owned Oil and Natural Gas Corporation (ONGC), has submitted an application to Russian authorities to retake a 20% stake in the Sakhalin-1 oil and gas fields in the far east...
Aditya Birla Capital, Nippon Life merger discussions fail
The merger discussion between Aditya Birla Capital and Japan-based Nippon Life has likely failed. It is said that Nippon Life who owns a 49% stake in Reliance Capital-backed life insurance venture, Reliance Nippon has...
SEBI approves Adani Group’s open offer for 26% shares of NDTV
Markets regulator Sebi on Monday approved Adani Group’s open offer to buy an additional 26% stake in broadcaster New Delhi Television Ltd, a takeover attempt that has raised concerns over eroding press freedom in...
Adani eyes stake in Bengaluru airport
Adani Group is evaluating a plan to pick up a stake in Bangalore International Airport Ltd (BIAL), three people aware of the development said. “The Adani Group has been assessing multiple approaches to buy a stake in...
Seasoned investors pick stake in Dish TV
Top investors, including one managing late Rakesh Jhunjhunwala’s family office and a few larger foreign funds, are betting on Dish TV India Ltd after chairman Jawahar Goel stepped down from the board of the country’s...
Kedaara, others in talks to acquire Avanse stake
Private equity firms, including Kedaara Capital, are in talks with Warburg Pincus to buy some of its stake in education loans-focused non-banking financial company (NBFC) Avanse Financial Services Ltd, two people aware...
HDFC Bank to divest 3.21% stake in Lentra AI by Dec-end
HDFC Bank has executed an agreement to sell a 3.21% stake held in Lentra AI (Lentra) aggregating to nearly ₹54.16 crore. This would be a partial divestment of the bank in Lentra. The transaction is expected to be...
