India has privately raised objections to Chinese firm Shanghai Fosun Pharmaceutical Group's proposed $1.3 billion takeover of Indian drugmaker Gland Pharma, a source familiar with the matter said on Monday.
The infrastructure fund of multi-asset manager IDFC Alternatives is set to make its biggest acquisition till date by taking over the entire 200 megawatts of First Solar’s operational portfolio of solar power projects in India.
Tata group Chairman Emeritus Ratan Tata, Temasek, BlackRock and Foxconn, all high-profile stakeholders of Gurgaon-based online marketplace Snapdeal, have reportedly given in-principle approval to its merger with rival, Flipkart.
Amid talks of consolidation gaining currency in the Indian banking space, public sector lender Dena Bank's Chairman and Managing Director (CMD) Ashwani Kumar has said the proposed move would bring about several benefits.
Malaysian tourism and gambling conglomerate Genting Group said on Friday it had sold its 5.6 percent stake in Australian casino operator The Star Entertainment Group Ltd (SGR.AX) for A$235.2 million ($181.9 million).
Sajjan Jindal is readying a war chest to buy out stressed assets in the power sector. Shareholders of Jindal-promoted JSW Energy Ltd on Thursday voted to give the company board the power to raise up to Rs21,000 crore
Swashbuckling West Indian opening batsman Chris Gayle has invested an undisclosed amount in IONA Entertainment to bring one-stop entertainment to Indian sports fans, which includes state-of-the-art virtual gaming.
Pearson is set to raise $1 billion from the sale of a 22 percent stake in book publisher Penguin Random House to majority owner Bertelsmann, in the British group's latest bid to rebuild following a string of profit warnings.
Tata Steel UK has signed a definitive sale agreement to sell two of its pipe mills in Hartlepool to Liberty House Group, a London-based industrial and metals multinational of India-born entrepreneur Sanjeev Kumar Gupta.
State-owned power producer NLC India is investing heavily in renewable energy as producing only lignite and generating power from it may not be sustainable for long, chairman and managing director S K Acharya told ET.
British consortium GFG Alliance said on Wednesday it has signed a binding agreement to acquire deeply indebted Australian steel company Arrium Ltd, trumping a South Korean group backed by steel giant Posco.
Sun PharmaceuticalBSE 0.49 % Industries, India’s largest drug maker, signed a long-term agreement with South Korea’s Samsung BioLogics for the manufacture of an experimental medicine to treat psoriasis.
A PE deluge continues to drive up the deal street as well as India's foreign direct investment ranking. Breaking all previous records, private equity firms invested a record $11.3 billion in the country in the half year ended June 30
Halliburton Co (HAL.N) is in late-stage talks to acquire a fast-growing U.S. oilfield equipment supplier backed by Oklahoma energy and banking billionaire George Kaiser, according to sources familiar with the matter.
Alibaba Group Holding Ltd will invest another $1 billion to raise its stake in online mall Lazada Group SA to 83%, securing control of a fast-growing start-up at the vanguard of its Southeast Asian expansion.
Japanese drugmaker Daiichi Sankyo has approached the National Company Law Tribunal (NCLT) in Chandigarh to stop former Ranbaxy promoters Malvinder and Shivinder Singh from splitting hospital and diagnostics businesses
Jagran Prakashan Ltd (JPL), the publisher of Dainik Jagran, India’s most-read newspaper, on Tuesday said its promoters have purchased the entire stake held by private equity investor Blackstone Group in the company.
Mortgage lender Housing Development Finance Corporation (HDFC) will seek shareholders' approval at the annual general meeting (AGM) next month to raise up to Rs 85,000 crore through various debt instruments.
The Miglani family-controlled Uttam Galva Steels is in the process of entering into a raw material supply agreement with JSW Steel, in a bid to mitigate risk to the company in the wake of insolvency proceedings.
The Tata group is buying out the management team and technology infrastructure of Gurgaon-based GrocerMax to enter the online grocery business as consumers increasingly place orders for their supplies over the internet.
Diageo Plc (DGE.L) has agreed to buy George Clooney's high-end tequila brand Casamigos in a deal valuing it at up to $1 billion, as the world's largest spirits maker seeks to boost its presence in a high-growth market.
The Delhi high court on Wednesday cleared the way for former Ranbaxy promoters Malvinder and Shivinder Singh to potentially sell a stake in Fortis Healthcare Ltd on the condition that the disclosed value
State-run Energy Efficiency Services Ltd (EESL) may go for an IPO to raise about Rs200 crore by diluting 20% stake before the end of this current financial year, a top official of the company said on Wednesday.
Ramky Enviro Engineers is in separate talks with Canada’s alternate asset manager Brookfield Asset Management, American private equity fund Blackstone group LP and British developmental finance institution CDC Group Plc
India's Adani Group inked a deal with East Hope Group, one of China's largest companies, which will invest over $300 million to set up a manufacturing unit for solar power generation equipment in Gujarat.
Polyhose Group, which has been manufacturing hoses for both the Indian and export markets, has acquired the construction equipment manufacturing facility of the Ashok Leyland-John Deere, joint venture, to foray into this segment.