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Bharti Airtel Ltd and another group entity will sell a combined 20% in its DTH arm, Bharti Telemedia Ltd, to private equity firm Warburg Pincus for $350 million.The transa...(read full article)

IDBI Bank said it will sell 30% stake in NSDL e-Governance Infrastructure Ltd (NEGIL).This is part of an exercise to exit from non-core business. The “board of direc...(read full article)

ReNew Power Ventures Pvt. Ltd is close to acquiring Ostro Energy Pvt. Ltd, the company that holds the renewable energy assets of buyout firm Actis Capital, for an enterpri...(read full article)

Chai Break, a Kolkata-based restaurant chain that serves hookah and snacks, has been valued at Rs50 crore in the first round of an external funding.ALP Retail Pvt. Ltd, wh...(read full article)

German industrial group Thyssenkrupp and Tata Steel Ltd agreed in September to merge their European steel operations, creating the continent’s second largest steelma...(read full article)

Consumer goods maker Emami Ltd said it had agreed to buy a 30% stake in Helios Lifestyle Pvt. Ltd, which sells men’s personal grooming products online, for an undisc...(read full article)

Indiabulls Housing Finance Ltd said it has sold its entire shareholding in Indiabulls Life Insurance Co. Ltd for a cash consideration of Rs5 lakh to SORIL Holdings and Ven...(read full article)

Two-wheeler maker TVS Motor Co. Ltd Thursday said it has bought a 14.78% stake in Ultraviolette Automotive Pvt. Ltd, a Bengaluru-based startup working on electric two-whee...(read full article)

The Label Life, an e-commerce lifestyle brand backed by Kalaari capital, announced that it has raised Rs20 crore ($3.1 million) from Kalpavriksh, Centrum group’s mai...(read full article)

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