Mastercard International Inc (Mastercard) 100% acquired of Finicity Corporation Inc and its Indian subsidiary, Finicity Technologies Private Limited. Finicity is a leading North American provider of financial data APIs, credit decisioning tools and financial wellness solutions. The transaction is va...

Economic Laws Practice (ELP) partner Tushar Ajinkya and his team including associate partner Ankita Kashyap and three others, have set up a boutique corporate law firm in Mumbai.

Khaitan & Co has hired HSA Advocates partner Akshay Malhotra as a partner in its energy, infrastructure and resources (EIR) practice in the Delhi office, making him the second partner hire announced by the firm this week.

L&L Partners under managing partner Rajiv Luthra, still embroiled in a bitter high court legal battle about the future of the partnership with senior partner Mohit Saraf, has added another partner with Prabjot Singh Bhullar in Delhi.

The quick service restaurant chain’s IPO performance almost matched state-run Mazagon Dock Shipbuilders’ share sale in October which was subscribed more than 157.41 times. Burger King’s ₹810 crore IPO received bids of 11.67 billion shares, against the 74.49 million on offer, showed data received til...

E-booking platform Freightos WebCargo has acquired India’s Air Freight Bazaar, a regional air cargo rates and sales platform based in Chennai. — Aircargonews Solomon & Co advised Freightos Limited (Hongkong) led by a team of managing partner Aaron Solomon , senior associate Kinjal Katkoria Pari...

ArcelorMittal Nippon Steel India … said it has completed the acquisition of 500 Mega Watt (MW) Bhander power plant in Hazira, Gujarat. — Moneycontrol AM/NS India, a joint venture of ArcelorMittal and Nippon Steel, is getting closer to securing ancillary units that were not part of the Essar Steel ac...

Poncho Hospitality, the parent company of foodtech startup Box8, has raised about $4 million (Rs 30 crore) in its ongoing Series C funding round from existing investors including IIFL Seed Ventures Fund, and Menlo park-based Mayfield Fund, in a stock-and-debt deal. — Yourstory Jerome Merchant + Part...

Reliance BP Mobility Limited (RBML), the fuels and mobility joint venture of Reliance Industries Limited (RIL) and bp plc has started operations, aiming to expand the fuel retailing network to up to 5,500 sites in five years from over 1,400, under the Jio-bp brand. — Hindu Business Line Reliance Ind...

The transaction involved sale of 100% shareholding held by the majority shareholder, Orbis Real Estate Fund I and other individual shareholders in Watermarke Estates Private Limited. Tatva Legal Hyderabad advised Watermarke Estates Private Limited and Orbis Real Estate Fund I led by a team of partne...

Based in Salt Lake City, CloudCherry is focused on developing tools for brands to enhance customer experience on their websites. Among other functions, it offers products that predictively understand how changes to customer experience changes sales outcomes and impacts financial metrics of companies...

CESC Ventures on Thursday said it had acquired 8.49 per cent stake in Mumbai-based Peel-Works Private Ltd for ₹20.99 crore. The deal was made to support the group’s FMCG business that sells Too Yum brand snacks, the RP Sanjiv Goenka group company said. Peel-Works is a technology-driven distribution ...

LT Foods… said that it has entered into a shareholder’s agreement with United Farmers Investment Company in connection with a proposed acquisition of the stake currently held by India Agri Business Fund Ltd and Real Trust by the Investor in Daawat Foods. — Indiainfoline LT Foods announced that Saudi...

Danaher finishes procurement of GE Healthcare’s Life Sciences division — Microbiozindia U.S. antitrust regulators cleared General Electric’s biopharma division sale to Danaher … The deal, which will bring $20 billion into GE’s coffers, is now slated to close March 31, in line with management’s expec...

Startup incubator and accelerator Venture Catalysts has recently led a Rs 8.5 crore investment in STAGE, a dialect based hyper-local OTT platform. — Yourstory Ikigai Law advised Stage led by a team of managing partner Anirudh Rastogi and principal associate Tanya Sadana . Also advising were Burgeon ...

Chennai-based electronics manufacturer Syrma Technology has signed a cash plus stock agreement with Gurgaon-based SGS Tekniks for a takeover. PE investor GEF Capital has supported this transaction with an undisclosed investment. — The Times of India J Sagar Associates advised SGS Tekniks Manufacturi...

Edelweiss Financial Services … said that its board has approved sale of 51 per cent stake in wealth management business to Pacific Alliance Group (PAG) — Business Today Khaitan & Co advised Edelweiss Financial Services Limited led by a core team that was jointly led by partner Niren Patel and p...

Emerald Haven Realty Limited (EHRL), part of the $8.5 billion TVS Group and housing arm of TVS Motor, has roped in Asian property company Keppel Land Limited (Keppel Land) to develop a housing project in South Chennai. — Business Standard The green field joint venture between Emerald Haven Realty Li...

Quartz countertop firm Caesarstone Ltd is all set to acquire a majority stake in a Gujarat-based countertop manufacturer… — VCCircle Khaitan & Co advised Caesarstone Ltd led by a team of partner Kartick Maheshwari , partner Deepak Jodhani , principal associate Kapish Mandhyan and associate Arju...

Private equity major Blackstone has signed a deal to acquire Piramal Group’s Piramal Glass for around $1 billion. The deal contour includes an upfront payment of $850 million while Piramal Group will get approximately $150 million on achieving certain milestones, to be paid over 2 years. — Cnbctv18 ...