Amazon.com Inc. is among the bidders for healthcare company Signify Health Inc., joining other heavy hitters vying in an auction for the home-health-services provider, according to people familiar with the matter...
Third Eye Distillery takes controlling stake in Svami
Third Eye Distillery Holdings, the makers of Indian gin Stranger & Sons, has acquired a controlling stake in craft tonics and mixers brand Svami, owned by Foxtrot Beverages Private Limited. Third Eye co-founder...
Probe wings of NAA, CCI to be merged
The Union government plans to merge the investigation wings of the National Anti-profiteering Authority (NAA) and Competition Commission of India (CCI) to deal with goods and services tax-related offences. The move...
Insolvency plea against Future Enterprises filed in NCLT
Debt-ridden Future Enterprises Ltd said an operational creditor of the company has filed a plea before the National Company Law Tribunal to initiate insolvency proceedings against it. Future Enterprises Ltd (FEL), part...
Blackstone to sell stake in Sona BLW
Private equity major Blackstone will sell Sona BLW Precision Forgings Ltd’s shares worth ₹3,971.7 crore through a block trade today, according to the terms of the deal. Shares of the auto component manufacturer will be...
ONGC ties up with ExxonMobil for deepwater exploration
State-run ONGC has signed a heads of agreement (HoA) with global petroleum giant ExxonMobil for deepwater exploration in the east and west coasts of India. A statement from ONGC said that the collaboration areas focus...
Yes Bank invests in startups incubator Venture Catalysts
Yes Bank invests in Venture Catalysts Group Funds (Venture Catalysts), which is an integrated incubator that offers funding, mentorship, and network to startup founders from the idea inception stage to the growth stages...
SPAC activity in July reached the lowest levels in five years
SPACs were one of the hottest investments on Wall Street early last year, booming alongside cryptocurrencies, meme stocks and other speculative trades as an easy way for buzzy startups to raise money and go public. Fast...
Ontario Teachers’ to pick up stake in Sahyadri Hospitals from Everstone
The Ontario Teachers’ Pension Plan Board said it has agreed to acquire a significant majority stake in the Sahyadri Hospitals chain from the Everstone Group in the Canada-based investor’s first control private equity...
Adani Logistics to buy Navkar’s inland container depot in Gujarat for ₹835 cr
Adani Logistics Ltd (ALL), a unit of Adani Ports and Special Economic Zone Ltd, on Tuesday said it has signed a definitive agreement to acquire an inland container depot (ICD) from Navkar Corporation Ltd for an...
Razorpay to pick up stake in Ezetap
Tiger Global-backed fintech unicorn Razorpay has agreed to buy a controlling stake in payment solutions startup Ezetap Mobile Solutions for $126 million ( ₹1,000 crore) in a cash-and-stock deal, two individuals familiar...
Drone delivery firm Skye Air ties up with Flipkart Health
Drone delivery firm Skye Air Mobility has partnered with Flipkart Health, a pharma business division of e-commerce platform Flipkart Internet Pvt. Ltd. to deliver medicines by drone, said a statement from the companies...
