In the single largest foreign investment in India’s clean energy space, ORIX Corp. is set to invest $980 million in Greenko Energy Holdings; the Japan’ financial services firm said in a statement. The deal will also add 873 MW of Orix’ operating wind assets to Hyderabad-based Greenko’s portfolio, an...

FGV Trading Sdn Bhd (FGVT) has signed a joint venture agreement with Hyderabad based Pre-Unique India Pvt Ltd (PreU) to form a joint-venture (JV) company to be based in India. FGVT is a subsidiary of FGV Plantations Sdn Bhd which in turn is a wholly owned subsidiary of FGV Holdings Berhad (FGV). FGV...

Aceto, a global provider of speciality materials for life sciences and advanced tech end-markets, today announced the acquisition of a majority stake in Indian firm Finar Ltd. — VCCircle Finar is a life sciences company, having its GMP certified manufacturing base at Ahmedabad, Gujarat, India, and i...

“CDC Group, the UK’s development finance institution and impact investor, NIIF and EverSource Capital managed GGEF announced additional equity funding of USD 70 million, USD 284 million and USD 36 million respectively in Ayana Renewable Power (Ayana), a leading Indian renewable energy platform, a st...

“State-owned Hindustan Petroleum Corporation Ltd (HPCL) will buy out the share of its joint venture [partner] SP Ports Pvt. Ltd (SPPPL) in the 5 million metric tonnes per annum LNG re-gasification terminal, that is being set up at Chhara in Gujarat,” reported Mint . Desai & Diwanji advised SP P...

Safex Chemicals India Ltd on Wednesday announced the acquisition of Mumbai-based chemical maker Shogun Organics for an undisclosed amount. The acquisition will provide Safex a platform to backward integrate the agrochemical technical segment and enter the home care and agrochemical technical manufac...

Flipkart co-founder Sachin Bansal has acquired a general insurance company and applied for a bank licence, as he takes rapid strides to build a diversified financial services business after leaving the online retailer in 2018. — VCCircle Navi Technologies, owned by Sachin Bansal, acquired 100% of th...

Bharat Rasayan Limited, an Indian listed company has executed a joint venture agreement with Japan based, Nissan Chemical Corporation with the total investment value amounting over INR 441 crores (USD 60 million), as per the press release by Bharat Group . The newly formed JV named as Nissan Bharat ...

Schneider Electric, the leader in the digital transformation of energy management and automation, announces a strategic minority investment in Planon Beheer B.V. (“Planon”), a leading cloud-based software provider in Integrated Workplace Management Systems (IWMS). Subject to normal regulatory and le...

SRL Diagnostics has emerged as the largest pathlab chain in the country after it acquired its joint venture partner in Kerala, DDRC, for ₹350 crore last month. — Hindu Business Line ALMT Legal advised DDRC Group and its founders, led by a team of partners Rajat Bopaiah , Junia Sebastian and Arindam ...

NEW DELHI : Digital technology firm Tata Communications … said it has acquired 58.1% stake in France-based eSIM company Oasis Smart SIM Europe SAS (Oasis). — Mint Herbert Smith Freehills (HSF) advised Tata Communications led by a team of partner Mark Robinson , Singapore, managing partner Frederic B...

Accenture will be acquiring Imaginea, a cloud and platform engineering company headquartered in Mountain View, California which also has offices in London and throughout India. The company currently advises over 200 global firms on cloud transformations. — The Economic Times AZB & Partners advi...

“JetSynthesys, a digital entertainment and technology company, has bought Pune-based mobile gaming company Nautilus Mobile. The acquisition cements the former’s position as the biggest skill-based cricket gaming franchise in the world with over 100 million downloads and a community of over 1 crore m...

Health-tech startup, Pharmeasy, owned by API Holdings has acquired 100% stake in the Medlife group from its existing shareholders in consideration of securities issued to the Medlife shareholders, for a stake of 15.7% in API. This is one of the largest deals forming part of the increasing consolidat...

Australian PE firm, Allegro Funds is all set to acquire Japan Post and Toll Group’s Australian freight and freight forwarding arm, Toll Global Express, subject to regulatory approvals and other customary closing conditions, as per the reports. Toll Global Express could end up in Australian hands if ...

“Mawana Sugars Ltd has entered into a definitive agreement to sell its non-core business to Bodal Chemicals Ltd, another publicly listed company. Mawana Sugars said it is selling the Punjab-based Siel Chemical Complex in a slump sale for Rs 137 crore (nearly $18.8 million).”, as per the reports by t...

“Accenture said Wednesday it has acquired Core Compete, a cloud analytics services firm headquartered in Durham, North Carolina, with additional offices in the UK and India.”, as reported by Business Standard . Further, the press release by Accenture stated: “Core Compete’s approach to cloud analyti...

“Piramal Capital and Housing Finance Ltd (PCHFL), a subsidiary of Piramal Enterprises Limited, has mobilised close to Rs 2,500 crore funds from banks like State Bank of India, Union Bank, Indian Bank, and other corporate investors to integrate Dewan Housing acquisition and also to expand into retail...

“Nykaa Fashion, the fashion e-commerce platform of Nykaa, on Monday announced the acquisition of online jewellery brand Pipa Bella.”, reported Mint . Post acquisition, Pipa Bella is expected to continue operating independently through its own website as well as extend its products to the Nykaa Fashi...

“Digital health firm ABCD Technologies LLP, which counts top Indian drug makers as investors, has agreed to fully acquire Pharmarack, a healthtech platform that lets businesses automate sales and operations.”, reported the VC Circle . ABCD, now to be renamed as IndoHealth Services, is set to acquire...