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Schneider Electric earmarks up to Rs 400 cr investment in Luminous Power

Manufacturing

25 June, 2021

Schneider Electric earmarks up to Rs 400 cr investment in Luminous Power

French industrial giant Schneider Electric, which operates two smart factories in India apart from a centre of excellence in Bengaluru ......

Grapevine: Tata group to sell stakes in units; Blackstone, Apollo to bid for Luminous

General

23 March, 2021

Grapevine: Tata group to sell stakes in units; Blackstone, Apollo to bid for Luminous

Tata group is mulling selling stakes of some financial services units including Tata Capital and Tata Asset Management to strategic ......

Grapevine: PEs eye Luminous; Tata Steel hits hurdle in Dutch unit sale

General

25 January, 2021

Grapevine: PEs eye Luminous; Tata Steel hits hurdle in Dutch unit sale

At least three global private equity firms are in a race to acquire power equipment firm Luminous Power Technologies from ......

Grapevine: Greenko may buy NEC Energy Solutions; Schneider to sell Luminous

General

25 November, 2020

Grapevine: Greenko may buy NEC Energy Solutions; Schneider to sell Luminous

Greenko Energy Holdings has emerged as the preferred buyer for US-based NEC Energy Solutions at a deal value of around ......

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Flashback 2018: From FMCG to tech, big-ticket M&As spread across sectors

General

31 December, 2018

Flashback 2018: From FMCG to tech, big-ticket M&As spread across sectors

The total value of mergers and acquisitions in India hit a record high this year, buoyed by big-ticket transactions including ......

SaaS firm MergerWare secures pre-Series A funding

TMT

19 November, 2018

SaaS firm MergerWare secures pre-Series A funding

MergerWare, which provides software solutions to aid integration related to mergers and acquisitions (M&A), has raised an undisclosed amount in ......

Warburg eyes stake in Fusion Microfinance; Edelweiss may buy Engie India's solar biz

General

02 August, 2018

Warburg eyes stake in Fusion Microfinance; Edelweiss may buy Engie India's solar biz

Private equity firm Warburg Pincus is in discussions with Delhi-headquartered Fusion Microfinance Pvt. Ltd to pick up a significant minority ......

Edelweiss may buy Engie's India solar biz; PE firms in race for bankrupt Su-Kam

General

02 August, 2018

Edelweiss may buy Engie's India solar biz; PE firms in race for bankrupt Su-Kam

French multinational utility company Engie SA is in talks with Edelweiss Infrastructure Yield Plus Fund to divest its holding in ......

L&T inks $2.1 bn deal to sell electrical and automation biz

Manufacturing

01 May, 2018

L&T inks $2.1 bn deal to sell electrical and automation biz

Larsen & Toubro Ltd (L&T) has agreed to sell its electrical and automation business to a consortium of France-based Schneider ......

Schneider-Temasek eyes L&T unit; Aditya Birla Group may sell 20% in payments bank

General

20 April, 2018

Schneider-Temasek eyes L&T unit; Aditya Birla Group may sell 20% in payments bank

A consortium of French energy management firm Schneider Electric and Singapore state investor Temasek Holdings is in talks with Larsen ......