M&A
TMT
Advent International acquires majority stake in Encora from Warburg Pincus
Private equity (PE) firm Advent International has acquired a majority stake in Encora, a digital engineering services company specialising in software product development ......
Manufacturing
Irish building materials giant CRH selling stake in India's Maha Cement venture
Dublin-headquartered CRH Plc, the world’s second-largest building materials company, is planning to sell its 50% stake in Indian mid-size cement ......
Finance
NSR's Saxena, others float blank cheque firm for India M&A
Parag Saxena, a co-founder of Asia-focussed private equity firm New Silk Route (NSR), has floated a blank cheque firm with ......
People
HSBC ropes in former Rothschild India MD to head local i-banking unit
Amitabh Malhotra has been appointed as the India head of HSBC’s investment banking practice, the British multinational banking and financial ......
Finance
MetLife to up stake in India insurance JV, value entity at $1.5 bn
American insurance major MetLife Inc is looking to raise its stake in the Indian life insurance business it runs through ......
Manufacturing
Kedaara Capital seals buyout in auto component space
Private equity firm Kedaara Capital has acquired a Gurugram-based auto component firm - one of Asia’s largest aluminium die casting ......
Healthcare
IHH proposes to immediately invest $98 mn in revised bid for Fortis
The latest twist in the bidding war to acquire Fortis Healthcare Ltd saw Malaysia’s IHH Healthcare Berhad making a revised ......
TMT
IDG, Tiger Global-backed ZiffyHomes acquires home rental portal Nivaasa
Delhi-based home rental services marketplace ZiffyHomes, run by Ziffy Technologies Pvt. Ltd, has acquired home rental platform Nivaasa in an ......
Opinion
M&A insurance speeds up deal negotiations, cheapens dispute resolution
Over recent years, warranty and indemnity (W&I) insurance has been slowly gaining popularity. Now, it is grabbing the attention of ......
Manufacturing
Delos Capital acquires specialty metal products maker Sage
US-based private equity firm Delos Capital has acquired Delhi-based specialty metal products maker Sage Metals Ltd.Delos acquired Sage from its ......