The State Bank of India has lined up six non-performing assets (NPAs) for sale to asset reconstruction companies (ARCs) to recover dues of nearly INR 406 crore. The six NPA accounts are - Patna Bakhtiyarpur Tollway…
Mumbai-based fitness-tech start-up Fitpage has acquired race registration platform "India Running" (IR). The acquisition is part of Fitpage's plans to position itself as a leading player in the endurance fitness space…
Publicly listed C.E. Info System Limited which runs mapping service Mapmyindia has acquired 75.98% equity shares of Delhi-based Gtropy Systems Private Limited for INR 13.5 crores. Gtropy is engaged in the businesses of…
Surat-based Anupam Rasayan India Ltd (ARIL), a custom synthesis and specialty chemical company, is to acquire a 24.96% stake in fellow publicly listed, Cuddalore, TN-based commodity chemicals maker Tanfac Industries…
The IL&FS Group has completed the sale of its 35% stake in Warora Chandrapur Ballarpur Toll Road (WCBTRL) to its majority joint venture partner Vishvaraj Infrastructure Limited (VIL). The sale will result in VIL taking…
Reliance Industries Ltd (RIL) is planning to make a bid for Videocon's oil assets after the lenders called for fresh bids for them. If RIL succeeds in acquiring them, it will be its another big-ticket acquisition under…
Thiruvananthapuram-based IT Services firm UST has acquired Santa Clara, CA (USA)-based Accrete Hitech Solutions. The target is a consulting and outsourcing company that provides information technology and engineering…
Publicly-listed, Hyderabad-based Dr. Reddy's Laboratories Ltd, along with its subsidiaries, has entered into a definitive agreement to acquire Frankfurt-based Nimbus Health GmbH. The target is a privately owned…
Delhi-based agrochemical company Safex Chemicals has acquired Gujarat-based Shogun Lifesciences. The target is in the business of manufacturing aluminium phosphide and zinc phosphide, with manufacturing facilities near…