Jubilant FoodWorks has entered into a joint venture agreement with Golden Harvest QSR, a subsidiary of Golden Harvest Agro Industries to launch the world’s largest pizza chain, Domino’s Pizza in Bangladesh, as reported by The Economic Times and Mint . Post the investment, Jubilant Foodworks will be ...

Cab hailing major Ola has acquired Mumbai based ticketing and commuting app, Ridlr for an estimated Rs 163 crores (around $25m) as a move to digitize public transportation, reported The Economic Times . This would also mark as the second major acquisition by Ola, after the buy of Foodpanda for an ap...

Online payment and e-commerce platform, Paytm has made a strategic investment in the resultant joint entity of hyper local deals discovery platforms Nearbuy and Little Internet by infusing fresh funds of over Rs 162 crores ($25m) and acquiring a majority stake of 51%, reported The Economic Times and Mint. The merged entity expected to be valued over $100m and hold a market share of 88%, is said to have been arranged by Paytm as a strategic move to provide their merchant partners an opportunity to offer deals to acquire new customers and grow their business.

“Tata Chemicals on Sunday said it has signed a pact with Allied Silica Limited to acquire its precipitated silica business for Rs 123 crore on a slump sale basis. The deal is expected to be closed within three months, the company said in a release. The acquisition is a part of the Rs 295 crore inves...

“Sumant Sinha-led Re-New Power Ventures has finalised the takeover of Ostro Energy for an enterprise value of Rs 10,800 crore ($1.66bn), the biggest M&A deal in the renewables sector,” reported the Economic Times . Trilegal Delhi partner Harsh Pais was instructed by Ostro general counsel (GC) R...

Global leader in loyalty and customer engagement, Affinion Group has acquired Pune-headquearted Tavisca Solutions, one of Affinion’s top technology partners and a leading provider of innovative technology to the travel industry, as per the press release by Affinion . AZB & Partners acted as the...

Engineering solutions company, QuEST Global Services, has announced the acquisition of Bangalore-based advanced technology provider Exilant Technologies for an undisclosed amount, as a move for QuEST Global’s 2020 diversification strategy and enter new markets, reported VC Circle and The Hindu Busin...

“In a deal led by Reliance Jio director Akash Ambani, Reliance Industries today signed an agreement for merging the digital music service Saavn with JioMusic to create a digital media platform with global reach having total value of over $1 billion,” reported PTI.

“Fortis Healthcare announced the sale of its hospital assets to Manipal Health Enterprises and buyout firm TPG Capital. The Fortis Healthcare board has also approved the sale of its 20% stake in SRL Diagnostics to Manipal Hospitals. The resultant entity, Manipal Hospitals, will be a publicly traded ...

Global provider of digital engineering and IT outsourcing services, Virtusa Corporation, has entered into an equity purchase agreement to acquire all outstanding shares of eTouch Systems Corporation, a Fremont, California-based digital web engineering technology services company, together with its I...

US-based fund manager, Global Infrastructure Partners (GIP) along with co-investors have announced the acquisition of Asia’s largest renewable energy firm, Equis Energy through a 100% cash deal, as reported earlier by VC Circle and The Economic Times. The deal is considered to be the the largest renewable energy generation acquisition in history and was completed on January 19, 2018.

Canadian billionaire Prem Watsa-owned Fairfax India Holdings has entered into an agreement to acquire a 51% stake in Kerala-based Catholic Syrian Bank for an estimated Rs 1,200 crores ($186m) through a full equity infusion, as reported by The Economic Times and Mint. The deal, subject to shareholder and regulatory approvals, is expected to close in the first half of 2018, paving way for the first acquisition of an Indian bank by a foreign non-banking financial entity.

In a Rs 65 crore deal, Mahindra & Mahindra is investing into a new merged company that includes its own logistics platform, SmartShift, with the start-up Porter, which allows businesses and individuals to book and rent small trucks and tempos on demand via an app, as reported by TechCircle . Ve...

India’s leading integrated business services provider, Quess Corp has completed its acquisition of job listing platform Monster.com’s business in India, South East Asia and the Middle East from Monster Worldwide for an estimated Rs 89.6 crores ($14m), as reported by VC Circle and The Economic Times ...

Reliance Industrial Investments and Holdings, a wholly owned subsidiary of RIL has proposed to acquire a 65% stake in Indian Film Combine for Rs 1,105 crores ($171m) from its existing shareholders, as reported by Mint and Business Standard . As per the BSE filing, RIIHL will be acquiring 20% of the ...

J Sagar Associates (JSA) acted as the Indian legal advisors to the Marvell Technology Group in the transaction and was represented by partner Probir Roy Chowdhury along with principal associate Vishnu Nair.

CK Birla-owned BirlaSoft and KPIT Technologies together have announced an open offer to the minority shareholders of KPIT, to merge and create a Rs 4,585 crore ($716m) combined entity thereafter splitting into two publicly traded units - a $200m automotive engineering and mobility solutions company ...

DSK Legal assisted Bharat Forge in the drafting, reviewing, negotiating and revising of the transaction and closing documents and was represented by partner Narendra Dingankar and senior associate Varun Shah.

WPP-owned global media investment group, GroupM, has entered into an agreement to acquire a majority stake in the digitally-led creative agency, The Glitch, for an undisclosed sum, expanding into the technology driven communications market in India, reported Mint and The Economic Times . Post the ac...

Ascendas India trust, part of the Ascendas-Singbridge Group has completed the acquisition of six warehouses in Panvel near Mumbai with logistics and supply chain company, Arshiya through a sale and leaseback agreement for an estimated Rs 534 crores (around $84m), as reported by The Economic Times . ...