M&A
Publicly listed Indian Hotels Co Ltd (IHCL) plans to buy the 40% stake it doesn't own in unit Roots Corp Ltd, which runs the Ginger brand of economy hotels, for INR 500 crore. The stake purchase in Mumbai-based Roots…
M&A
Bandhan Financial Holdings has offered to buy out Future group's stake and acquire a controlling interest in Future Generali India Life Insurance Company -- a three-way joint venture between the Future Group…
M&A
Crystal Crop Protection Ltd is acquiring cotton, mustard, pearl millet and grain sorghum hybrids business from Bayer in India. The business acquired by Crystal Crop Protection represents a very small portion of Bayer's…
M&A
Bengaluru-based Cred, a credit card bill payments platform, is set to enter the wallet payments business by acquiring Chennai-based liquor delivery startup HipBar Pvt Ltd, which owns a prepaid payment instrument (PPI)…
M&A
JK Tech, the technology division of the 140-year-old JK Group, is planning to spend USD 100 million on ramping up its business through acquisitions. The acquisitions will be in the fields of analytics, artificial…
M&A
The Shapoorji Pallonji Group has put its textile unit at Gokak in Karnataka on sale and will be able to meet its target to raise INR 10,000 crore from asset sales by next March.
M&A
UpScalio, a roll-up e-commerce company that invests in and grows online-first brands, has invested in Thane-based Green Soul, an ergonomic furniture brand. This marks UpScalio's entry into the furniture segment. Veda…
M&A
Electronic products manufacturer Dixon Technologies is to acquire a Ludhiana-based manufacturing unit of Bharti Group to make telecom gear under the production-linked incentive (PLI) scheme announced for the sector…
M&A
Routesms Solutions FZE, a wholly owned subsidiary of Mumbai-based, publicly listed Route Mobile, is to acquire a 49% stake in Kuwait-based Interteleco International for 652,500 Kuwaiti Dinar (USD 2.16 million)…
M&A
Five top lenders, including HDFC Bank and Kotak Mahindra Bank, are expected to submit binding bids for the Citi India consumer businesses before the October 26 deadline. Axis Bank, IndusInd Bank and DBS India are also…
