The Competition Commission of India (CCI) has approved the acquisition of a minority stake of BDR Pharmaceuticals International (BDR) by Multiples Private Equity Fund III and other investors. Apart from Multiples, the...
Mahindra Holidays To Raise Stakes In Rocksport In 3 Tranches
Mahindra Holidays & Resorts India on Sunday announced an additional subscription of equity shares in Great Rocksport Private Limited (“Rocksport”), a company that is engaged in the business of soft adventure...
Apollo, Piramal, Adani In Race To Buy Hll Lifecare
The government will soon call financial bids for HLL Lifecare Ltd from bidders, including Piramal Group, Adani Group, Apollo Group of Hospitals and Megha Engineering and Infrastructures Ltd (Meil), said two people...
Ril Weighs Bid For Walgreens Boots Alliance
Billionaire Mukesh Ambani’s Reliance Industries Ltd (RIL) is weighing a possible bid for Walgreens Boots Alliance Inc.’s global drugstore unit, according to people familiar with the matter. RIL is in early stages of...
Blackrock-led Group To Invest ₹4,000 Cr In Tata Power’s Energy Unit
Looking to scale up its renewable energy portfolio, the Tata Power Renewable Energy Limited has raised ₹4,000 crore to create India’s most comprehensive renewable energy platform. Tata Power and BlackRock Real...
Holcim Considers Sale Of India’s $9.6 Billion Ambuja Cements
Holcim Ltd., the world’s biggest cement maker, is considering a potential sale of businesses in India including Ambuja Cements Ltd., according to people familiar with the matter. The Swiss giant is gauging interest in...
Uniphore Acquires Ai-based Knowledge Automation Firm Colabo
Uniphore Technologies Inc, a conversational automation platform, on Wednesday said it has acquired an artificial intelligence (AI)-powered knowledge automation solution company Colabo. It did not disclose the financial...
Amazon Warns Future Against Holding Meetings To Approve Assets Sale To Reliance
Amazon has warned Future Retail Ltd (FRL) against holding meetings of its shareholders and creditors next week to approve the sale of its retail assets to billionaire Mukesh Ambani’s Reliance Retail. In a 16-page...
Supertech Seeks Time, Nclat Stays Formation Of Committee Of Creditors
Providing some relief to Supertech Ltd, the National Company Law Appellate Tribunal (NCLAT) on Tuesday stayed the formation of the committee of creditors under the insolvency proceedings till April 19 as the real estate...
Tpg-backed Firstcry Looking To Raise $700 Million In Ipo
E-commerce startup FirstCry.com is planning to file for an initial public offering in Mumbai as soon as this month that could raise about $700 million, according to people familiar with the matter. The online baby...
Tata Steel Completes Buy Out Of Sail’s Stake In S&t Mining
Tata Steel on Tuesday completed the acquisition of entire stake held by SAIL (Steel Authority of India) in S&T Mining, according to an exchange filing. Now, S&T Mining will become a wholly-owned subsidiary of...
Kkr To Buy 9.99% Stake In Shriram General Insurance
Private Equity firm KKR will acquire a 9.99% stake in Shriram General Insurance, according to an official statement. The acquisition is subject to necessary regulatory approvals. “KKR’s investment will position...
