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Private equity firm Samara Capital along with Amazon.com Inc., the world’s largest online retailer, have agreed to buy Aditya Birla group’s food and grocery re...(read full article)

South African private hospital group Life Healthcare said it will sell its entire 49.7% stake in India’s Max Healthcare to a global investment firm for 4.3 billion r...(read full article)

Baring Private Equity Asia is in talks with Lakshmi Vilas Bank to buy at least a 26% stake in the private lender, according to people aware of the development. Lakshmi Vil...(read full article)

IT-services provider Cognizant said it bought Advanced Technology Group for an undisclosed amount to expand its consulting capabilities on the Salesforce platform, the sec...(read full article)

Infosys said it has doubled its investment in US-based software firm TidalScale by putting in an additional $1.5 million (around Rs 11 crore) through the Infosys Innovatio...(read full article)

Online home design startup Livspace has raised $70 million in a funding round led by private equity firm TPG Capital and Goldman Sachs as it seeks to expand to new cities,...(read full article)

Govt decided to merge three banks it owns—Bank of Baroda, Dena Bank and Vijaya Bank.The merged entity, comprising two relatively stronger banks and a weak one, will ...(read full article)

Telecom operator Vodafone Idea Limited will merge Aditya Birla Telecom Ltd, which holds 11.15% stake in telecom infrastructure firm Indus Towers, with it.
“The ...(read full article)

Ola, India’s largest cab-hailing service, has raised $50 million at a valuation of roughly $4.3 billion from Hong Kong-based Sailing Capital and the China-Eurasian E...(read full article)

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