M&As

FDI flows into India nearly doubled in 2015: UNCTAD

Developing economies, as a whole, saw their FDI reaching a new high of USD 741 billion -- 5 per cent higher than 2014, the report said.

Jan 21, 2016, 04:14 AM IST

2015 likely to be a big year for deal making: Experts

Merger and acquisition activity in India witnessed significant rise in the first half of the year and the momentum is likely to continue as the year 2015 is likely to be a "big" year for deal making, experts say.

Jul 20, 2015, 12:57 PM IST

ITC's investment wing Russell Credit acquires BFIL Finance

The investment firm has acquired BFIL's entire share capital of Rs 20 crore, the conglomerate said in a filing to BSE. ITC shares today settled 1.37 percent up at Rs 314.55 apiece on the BSE.

Jun 23, 2015, 17:28 PM IST

Dr Reddy's Lab completes acquisition of UCB's select brands

Dr Reddy's has said the acquired UCB portfolio would accelerate its presence in the high growth areas of dermatology, respiratory and pediatrics, with market leading brands such as Atarax, Nootropil, Zyrtec, Xyzal and Xyzal M.

Jun 19, 2015, 13:23 PM IST

Snapdeal beefs up m-commerce business, acquires app maker Letsgomo

Adding muscle to its mobile commerce business, e-retailer Snapdeal Monday announced acquisition of mobility solution company Letsgomo Labs for an undisclosed sum.

Jun 15, 2015, 15:53 PM IST

Cairn India, Vedanta boards to meet on Sunday amid merger speculation

On Friday, India`s oil minister, Dharmendra Pradhan, told Reuters he had met Cairn executives this week to discuss the potential merger and a source familiar with the matter had said the deal could be announced as early as Sunday.

Jun 13, 2015, 16:22 PM IST

CCI approves acquisition of Birla Textile Mills

Sutlej Textiles & Industries, the flagship company of the KK Birla Group, had received the approval from its Board of Directors to acquire Birla Textile Mills in March this year.

Jun 12, 2015, 20:24 PM IST

Cairn CEO meets Pradhan ahead of merger with Vedanta

The boards of Cairn India Ltd and Vedanta Ltd are likely to meet on Sunday to consider a 'reverse' merger aimed at cutting debt on Vedanta books.

Jun 12, 2015, 18:19 PM IST

Jagran Prakashan completes acquisition of Radio City

"In FY 2014-15 Radio City has delivered much higher profits than what we considered while pricing... I am confident that Radio City will continue to generate robust cash flow and add significant value for the shareholders of the company," he added.

Jun 11, 2015, 19:33 PM IST

Housing.Com acquires Realty Business Intelligence for Rs 10 cr

"This is in line with our vision to bring transparency into real estate that is fraught with risks when it comes to retail investments in new projects.

Jun 11, 2015, 19:26 PM IST

Eros International, Pakistan's HUM TV ink content pact

The deal is signed between company's online entertainment portal, ErosNow and HUM TV, Eros International said in a filing to the BSE.

Jun 09, 2015, 13:26 PM IST

Sahara seals Rs 5,500 cr debt deal for foreign hotels: Report

Saharas' refinancing arrangements involved getting a fresh loan for the three properties. A part of the proceeds would be given to Bank of China for release of Grosvenor House from "administration", while the remainder could be deposited with Sebi to secure release of Roy and two other top officials from Tihar Jail.

Jun 07, 2015, 17:55 PM IST

Teva poised to raise its stake in Mylan: Sources

The strategy is a sign of Teva`s commitment to its $40 billion bid for Mylan, as the latter presses on with its own $34 billion hostile bid for over-the-counter drug company Perrigo Company Plc .

Jun 03, 2015, 10:12 AM IST

UB Group to hike stake in MCFL; to buy shares from Zuari

Now, United Breweries (Holdings) Ltd (UBHL) has decided to exercise its option whereby both the company and Zuari Group would have equal stakes in MCFL.

May 31, 2015, 13:11 PM IST

Charter buys US giant Time Warner Cable in $78.7 billion deal

US cable company Charter Communications announced Tuesday it is acquiring rival Time Warner Cable in a deal valued at $78.7 billion, in a major consolidation on the American market.

May 26, 2015, 17:01 PM IST

Shake-up in key Samsung assets to cement heir''s grip as succession looms

If the due deal, goes through, Samsung still has to resolve include inheritance tax if Lee Kun-hee multi-billion dollar stakes in Samsung Electronics 3.8% or Samsung Life Insurance 20.76% are passed on to his heirs.

May 26, 2015, 12:33 PM IST

SAP chief sees no takers for software rival Salesforce

Established players in the industry are all looking to boost Internet-based delivery of their business software products to fend off competition from pure cloud-based rivals, a market Salesforce pioneered and where it remains category leader.

May 20, 2015, 17:05 PM IST

Airtel in talks to buy Augere Wireless for Rs 150 cr

This acquisition will give Airtel hold of additional 20 Mhz broadband wireless spectrum which Augere acquired for Rs 124.66 crore.

May 19, 2015, 17:45 PM IST

Zuari Group acquires additional 36.56% stake in MCFL

UB Group, the original promoter, has 21.97% stake. Together, they will have 75% stake in MCFL.

May 19, 2015, 15:50 PM IST

AT&T to offer Hulu on website, app this year

Hulu streaming video service will be available to AT&T customers who subscribe to Hulu.

May 14, 2015, 10:33 AM IST