M&A
New York, USA-based insurance broker Marsh & McLennan Companies has increased its shareholding in Marsh India Insurance Brokers to 92% from 49%. As part of the transaction, which the IRDAI has approved, Marsh has…
M&A
Murugappa Group's abrasives and industrial ceramics maker Carborundum Universal Ltd (CUMI) has entered into an agreement with the Insolvency Administrator of Germany-based Awuko Abrasives Wandmacher GmbH, a…
M&A
The National Company Law Tribunal (NCLT) has approved the scheme of merger by absorption of Phoenix Hospitality Company with The Phoenix Mills and their respective shareholders. The appointed date of the scheme of…
M&A
Kotak Mahindra Prime Ltd (Kotak Prime), a subsidiary of Mumbai-based, publicly listed Kotak Mahindra Bank, has acquired the passenger vehicle finance portfolio of Chennai-based Ford Credit India, the Indian financing…
M&A
New Jersey, US-headquartered IT services firm Fulcrum Digital is looking for acquisition opportunities in and around Pune to strengthen its technology stack or gain access to a new set of customers. It already has a…
M&A
Leading London-based entrepreneur Lord Swraj Paul has revealed acquisition plans in the UK and India. The focus will be on the manufacturing sector, especially businesses in the field of steel products.
M&A
Bengaluru-based Masai School, a career-focused skilling institute, has acquired New Delhi-based Prepleaf, an end-to-end placement preparation company that focuses on data analytics, for USD 1 million. With this…
M&A
The resolution professional of VOVL, the oil and gas exploration company of Videocon Industries, has received over a dozen Expressions of Interest (EoI) from a Vedanta-entity, ONGC Videsh, Singapore's Saiml Pte Ltd and…
M&A
Private sector lender Axis Bank is leading the race for Citi's India retail business, with a final outcome expected in the coming weeks. Citigroup had, in April, announced its decision to exit its consumer banking…
M&A
Bengaluru-based online teaching platform Teachmint has acqui-hired the Indian arm of Singapore-based edtech startup Teachee (which is set to close down its services by the end of the year). Teachee, which aims to help…
