Mergers Acquisitions News

RBI rejects proposed merger of Indiabulls Housing with Lakshmi Vilas Bank

This is to inform you that RBI vide their letter dated October 9, 2019 has informed that the application for volun...

India Infoline News Service | Mumbai 09:45 IST | October 10, 2019

FM Sitharaman announces merger of public sector banks

The aim of this massive consolidation is to reduce the banks lending cost, check NPAs and increase the merged bank...

India Infoline News Service | Mumbai 10:21 IST | August 31, 2019

IIFL Wealth Group to acquire L&T Finance Holdings wealth management business

The move is expected to further strengthen IIFL Wealths platform for serving high net-worth and ultra-high-worth f...

India Infoline News Service | Mumbai 08:40 IST | August 29, 2019

IndiGrid acquires two power transmissions assets from Sterlite Power

These acquisitions of assets will significantly expand IndiGrids portfolio and better enable it to deliver stable ...

India Infoline News Service | Mumbai

Persistent Systems acquires youperience

youperience is a young and highly dynamic Salesforce partner with outstanding expertise in the Marketing Cloud, co...

India Infoline News Service | Mumbai 10:46 IST | June 26, 2019

Hatsun Agro completes acquisition of Cattle Feed Plant in Maharashtra

The acquisition and subsequent modernization will cost approximately Rs10cr....

India Infoline News Service | Mumbai 12:55 IST | June 03, 2019

Pennar Industries receives NCLT approval to merge PEBS Pennar and Pennar Enviro

As per the approved scheme, shareholders of PEBS Pennar will get 23 shares of Pennar Industries for 13 shares held...

India Infoline News Service | Mumbai 14:56 IST | May 16, 2019

Quess Corp acquires majority stake in Allsec Technologies; stock up ~2%

Allsec Technologies Limited is a global company with considerable expertise in providing business process solution...

India Infoline News Service | Mumbai 09:31 IST | April 18, 2019

Cipla Medpro acquires a stake in connected health company Brandmed

In February, Cipla had announced a similar partnership in India with Wellthy Therapeutics to offer a clinically-va...

India Infoline News Service | Mumbai 08:21 IST | April 18, 2019

Will LVK-IBHF merger open easy route for NBFC to get banking license?

The merged entity, to be called Indiabulls Lakshmi Vilas Bank, is the latest occurrence of a bank combining with a...

India Infoline News Service | Mumbai 14:39 IST | April 12, 2019

Lakshmi Vilas Bank, Indiabulls Housing to merge in all-share deal

The shareholders of Lakshmi Vilas Bank (LVB) will get 14 shares of Indiabulls Housing Finance (IBHF) for every 100...

India Infoline News Service | Mumbai 09:16 IST | April 06, 2019

NSEIT acquires global cybersecurity company, Aujas Networks

NSEIT will help Aujas scale its services and capabilities, with a strong focus on helping customers stay ahead of ...

India Infoline News Service | Mumbai 15:44 IST | March 22, 2019

HCL Tech acquires US-based digital transformation consulting firm Strong-Bridge Envision

With this acquisition, SBE will become part of HCL's global Digital and Analytics business (HCL Mode 2 services)....

India Infoline News Service | Mumbai 09:15 IST | March 14, 2019

Thomas Cook India Group acquires Digiphoto Entertainment Imaging

The acquisition marks the Thomas Cook India Groups entry into an adjacent sector, complementary to its travel &...

India Infoline News Service | Mumbai 14:23 IST | February 25, 2019

LTI acquires Germany based NIELSEN+PARTNER

N+P is a leading partner of Temenos in Europe and APAC. The company is well-recognized for its market-leading capa...

India Infoline News Service | Mumbai 12:44 IST | February 14, 2019

KEC International to sell unit stake to Adani Transmission

The completion of the transaction has been achieved post satisfaction of all customary closing conditions, includi...

India Infoline News Service | Mumbai 11:13 IST | February 09, 2019

Mimecast acquires data migration startup Simply Migrate

The acquisition of Simply Migrate will offer customers and prospects a faster, less expensive and more reliable pa...

India Infoline News Service | Mumbai 12:04 IST | January 30, 2019