Religare Enterprises … said it has acquired additional 14.36 per cent stake in Religare Finvest Ltd (RFL) from private equity investors. Post the acquisition, RFL has become a wholly-owned subsidiary of the company from February 28, it said in a BSE filing. — Mint S&R Associates advised NYLIM J...

Argus Partners advised Liquidator of Concast Steel & Power Ltd led by a team of senior partner R Sudhinder , equity partner Soorjya Ganguli , partner Pooja Chakrabarti , partner Arka Majumdar , Noida-based SMCPower Generation Ltd has acquired the main steel mill and power plant of Concast Steel...

Baroda-based specialty aroma chemicals company Best Value Chem (BVC) said Premji Invest will acquire a controlling stake in the company. — Mint AZB & Partners advised Premji Invest led by a team of partners Srinath Dasari and Nanditha Gopal , and senior associate Malaveeka Chakravarthy . Pionee...

Mastercard Inc said on Tuesday it would buy Finicity in a deal valued at $825 million, adding a fintech firm that helps banks share customer data with other financial firms. — New York Times Majmudar & Partners advised Finicity led by a team of managing partner Akil Hirani , partner Amrit Mehta...

Jio Platforms is set to raise Rs 5683.50 crore from Abu Dhabi Investment Authority (ADIA), the largest investment arm of the government of Abu Dhabi, by selling a 1.16% stake. ADIA is the seventh investor to pick up a stake in the Mukesh Ambani-led company in seven weeks. — The Economic Times AZB &#...

New York-listed AES Corp has agreed to sell its 49% stake in Odisha Power Generation Corp to Adani Power Ltd, ending its 22-year-long association with the state utility. — VCCircle L&L Partners acted for AES India Private Limited led by a team of senior partner Mohit Saraf and assisted by partn...

Trevi Group: Sale of the oil & gas division to the Indian group MEIL for approx. euro 116 million — Company PDF press release Link Legal India Law services advised Megha Engineering & Infrastructures Ltd led by a team of co- managing partner Nusrat Hassan , partner Anand Srivastava , assoc...

Fast-growing Swedish cloud computing services provider Sinch AB said on Monday it had agreed to buy Indian firm ACL Mobile for about $70 million (INR 5,350 million) in cash, its third large acquisition since the start of March. — Nytimes Dua Associates advised ACL Mobile led by a team of partners Mu...

Bottomline Technologies (de) Inc. completed its acquisition of BankSight Software Systems Inc. on June 3. Bottomline paid about $2.8 million in cash and issued 40,000 common shares to acquire the outstanding capital stock of BankSight. — Spglobal Kochhar & Co advised Bottomline Technologies (“B...

Diversified conglomerate ITC Limited has entered into a share-purchase agreement to acquire Kolkata-based packaged spice maker Sunrise Foods as the Sanjiv Puri-led firm looks to bolster its food business and battle rivals Hindustan Unilever, Pepsico and Britannia. — Moneycontrol Khaitan & Co ad...

Accenture has boosted its automated insights and big data capabilities in India through the acquisition of Ahmedabad-based Byte Prophecy. The acquisition adds 50 experts to Accenture Applied Intelligence. — Consultancy AZB & Partners advised Accenture Solutions Private Limited (Accenture) led b...

Asia Healthcare Holdings (AHH), a healthcare operating platform founded by TPG Growth, has acquired Nova IVI Fertility, India’s second largest network of infertility centres. Nova IVI Fertility was formed in 2012 when Nova Pulse IVF, a division of Nova Medical Centers, formed a technical partnership...

COWI A/S Denmark divested its aerial mapping business to Hexagon Group, with an India entity, COWI India, also forming part of the deal. COWI has signed an agreement to divest its aerial mapping business to the Hexagon Group, a global leader in sensor, software, and autonomous solutions. The acquisi...

Fintech digital lender Lendingkart Technologies Private Limited has raised ₹319.24 crore as part of its Series D round led by existing investors Fullerton Financial Holdings Pte Ltd, Bertelsmann India Investments, Sistema Asia Fund and IndiaQuotient. — Mint AZB & Partners advised Fullerton Fina...

Water filtration systems firm Nadi Group of Companies announced a 65:35 Joint Venture (JV) with Illinois USA based Antunes and would be investing USD five million over a period of years in India. — UNI Kochhar & Co advised US company AJ Antunes USA led by a team of senior partner Savitha K Jaga...

The Competition Commission has approved the proposed merger between auto majors Peugeot SA and Fiat Chrysler Automobiles N.V. PSA is the holding company of a France-based group which is mainly an original equipment manufacturer and dealer of motor vehicles, passenger cars as well as light commercial...

Language and intellectual property support services group RWS… acquired Indian counterpart Webdunia.com for $21m. — Sharecast Webdunia.com (India) Private Limited and its shareholders sold their entire shareholding to RWS UK Holding Co Limited. Immediately prior to the acquisition: (i) Webdunia.com ...

PRNewswire: Invesco Ltd., a global independent investment management firm, announced today the expansion of its digital wealth business supporting advisors, end-investors, and financial institutions with industry-leading tools, resources and investment capabilities. RedBlack, a market-leader in port...

Massa LLC entered into a joint venture with Mehru Electrical and Mechanical Engineers Private Limited for manufacture of ultra-high voltage bushing - Massa Izolyator Mehru Pvt. Ltd. (MIM), according to a press release . Kochhar & Co advised Massa LLC led by a team of senior partner Vijay B Ravi...

The Everstone Group (Everstone), has signed an agreement to acquire a controlling stake in Sahyadri Hospitals Limited (Sahyadri), the largest hospital chain in Maharashtra. The combination of primary and secondary capital outlay is expected to increase the bed-count significantly in next five years....