ABB, the Swedish-Swiss multinational, is in discussions with Larsen & Toubro to acquire its electrical and automation division. The division that generated revenues of Rs 4,650 crore and operating profit of a little over Rs 700 crore

Indian Energy Exchange (IEX) Ltd has filed draft papers with capital markets regulator Sebi to float an initial public offering (IPO).

Engie SA has agreed to buy a 40 per cent stake in Dubai's National Central Cooling Company (Tabreed) and help drive the company's expansion in emerging markets such as Turkey, India and Egypt.

Online financial services marketplace BankBazaar on Monday said that it will begin operations in Malaysia, strengthening its presence in South East Asia.

Lanco Infratech, the power and roads builder, became the first company to face bankruptcy proceedings among the dozen identified by the regulator as IDBI Bank has decided to recover its dues

State Bank of India has said it may look at taking the general insurance business public next fiscal, ruling out any such move in 2017-18. SBI General Insurance is a joint venture between SBI and Insurance Australia Group.

The world's second-largest healthcare group Integrated Healthcare Holdings (IHH), has emerged as the front-runner for the healthcare assets of siblings Malvinder and Shivinder Singh of Religare after the Malaysian hospital chain

The government plans to sell stakes worth $5.4 billion in seven state-run companies during the current financial year as Asia's third-largest economy looks to fund its fiscal deficit amid ramped-up spending on rural areas and infrastructure.

PE giant Warburg Pincus plans to sell 10% stake in consumer lender Capital First to take advantage of a five-fold jump in share price and a strong equity market hovering at all-time highs.

State-run Indian Oil Corporation is planning to invest at least Rs 20,000 crore to add a 25-million-tonne (mt) pipeline. The project will cover 20 projects in the next four years.

Malaysian oil major Petronas plans to invest $150 million, or aboutRs.975 crore, to expand its presence in the country’s lubricant market.

Lalit Modi's son Ruchir Modi, who is on board of Godfrey PhillipsBSE 4.59 % India (GPI), said his father is in talks with international companies to sell the marketing and distribution divisions of GPI

Germany’s Deutsche Bahn Engineering & Consulting is in talks with Indian Port Rail Corp. Ltd (IPRCL) to form a joint venture (JV) to develop rail connectivity for Indian ports.

Veteran banker and New Development Bank (NDB) President K V Kamath has described the merger of SBI's associate banks with the parent a "good first step", saying there is scope for further consolidation as large banks

Online food delivery start-up Swiggy is in talks with potential investors to raise at least $50 million in fresh funding, a move that is likely to give the company significant financial heft over rival Zomato Media Pvt. Ltd

Mexican multiplex chain Cinepolis will invest Rs 250 crore to open over 100 cinema screens by the end of next year across India, its largest market outside Mexico.

Jaipur-based small finance bank licence holder Au Financiers gets Securities and Exchange Board of India, or Sebi’s approval to launch an initial public offer (IPO), according to two people aware of the development.

Online lending marketplace CoinTribe, has tied up with SMERA Ratings to counter the traditional inefficiencies in the credit assessment of MSMEs and to provide technology driven services of CoinTribe to SMERA-rated SMEs.

The government on Monday announced its decision to merge Bharatiya Mahila Bank (BMB) with State Bank of India (SBI) to ensure greater banking services outreach to more women at a faster pace.

American solar panel maker First Solar is exploring the sale of almost 190-200 megawatts (MW) of its solar power assets in India, two people aware of the development said.

Metals-to-mining magnate Anil Agarwal has explained his decision to acquire a majority stake in international mining company Anglo American, a move that surprised analysts earlier this week.

The government is expected to give final approval to the merger of Bharatiya Mahila Bank with the country's largest lender SBI within three months.

Incofin Investment Management of Belgium and ResponsAbility Investments AG of Switzerland have jointly invested $20 million (approximately Rs130 crore) in Delhi-based Sohan Lal Commodity Management Pvt. Ltd

Ducon Infratechnologies Limited, a provider of technology solutions in digital and infrastructure space, will pursue inorganic strategy to accelerate its business growth actively

The government today said it is planning to sell off non-operational units of Cement Corporation of India (CCI) as part of strategic sale of loss-making companies.

Tata Motors, India’s largest automobile maker, has started rolling out a voluntary retirement scheme (VRS) for its employees as part of its organisational restructuring exercise.

India’s third-largest drugmaker CiplaBSE 0.69 % said it sold its animal health business to South Africa’s Ascendis Health, as part of the company’s strategy to focus on consolidating its business to strategic markets.

Tata MotorsBSE 1.15 %, India’s largest automobile company by revenue, and Volkswagen Group, Europe’s largest car maker by volume, are said to be at an advanced stage of finalising a partnership

Metals and mining conglomerate Vedanta will invest USD 10 billion in 3-4 years on expanding business across verticals, company's Chairman Anil Agarwal said.

The country's oldest commodity futures bourse, the Ahmedabad-based National Multi Commodity Exchange (NMCE), is exploring a merger proposal with Reliance Capital-promoted Indian Commodity Exchange (ICEX)

Paytm E-Commerce Pvt. Ltd is close to raising $180-200 million (around Rs1,210-1,350 crore) in an investment round led by Chinese internet giant Alibaba Group Holding Ltd, valuing the online retailer at about $1 billion

PSA Group, the French automobile major which makes Peugeot and Citroen cars, is re-entering India by signing an agreement with the CK Birla Group.

Over the past few years, auto component firm Motherson Sumi Systems Ltd (MSSL) has steadily added value to its product offerings for the vehicle industry, mainly through acquisitions.

Max-Ventures and Industries (MaxVIL) has surged 18% to Rs 79.15 on the BSE in early morning trade after New York Life Insurance Company, the largest mutual life insurance company in the United States

Aurobindo Pharma Ltd wanted an acquisition that could lift the profitability of its European operations; its earnings before interest, taxes, depreciation and amortization (Ebitda) margin was in the mid-single digits

French financial powerhouse BNP Paribas on Friday said it will invest 70 million euros more into just acquired retail broking firm Sharekhan over the next five years, and ruled out exiting another brokerage firm Geojit.

American private equity giant KKR & Co is discussing a Rs 3,000-crore financing deal with the holding company of the billionaire brothers, Shivinder and Malvinder Singh of Religare

Dubai-based buyout fund Abraaj Group is in advanced discussions to acquire a controlling stake in south India’s leading diagnostics services provider Medall Healthcare Pvt. Ltd, two people close to the development said on conditions of anonymity.

Morgan Stanley Private Equity Asia has picked up about 20% stake in ZCL Chemicals Ltd, formerly known as Zandu Chemicals, for Rs 170 crore.

The Brookfield Group is set to sign as early as Wednesday a definitive agreement with Reliance CommunicationsBSE 8.27 % to buy a majority stake in the Anil Ambani-controlled telecoms company’s tower unit for about Rs 11,000 crore.

Online travel firm Yatra Online Inc. on Monday said that it has completed its reverse merger with Terrapin 3 Acquisition Corp., which will result in the latter becoming a partially owned subsidiary of Yatra.

Healthcare services platform Practo Technologies Pvt. Ltd has acquired Enlightiks Business Solutions Pvt. Ltd, a healthcare analytics solutions firm, in a cash and stock deal.

Two of India's most influential venture capital (VC) firms — Sequoia Capital and Kalaari Capital — have begun exploratory talks for a bulk sale of their holdings, which will include stakes in multiple companies

US-based website domain name provider GoDaddy Inc said on Tuesday it would buy peer Host Europe Group (HEG) for €1.69 billion ($1.82 billion), including debt, as it looks to expand beyond the initial set-up of websites.

Vedanta Resources Plc looks to increase investment in the oil and gas business investing both in existing projects and fresh acreages. The group has bid in the recent oil and gas block auction.