Why Piramal wants to exit its decade-plus insurance ventures with Shriram

New Delhi, March 3 -- Piramal Enterprises Ltd is planning to sell its holdings in Shriram Group's insurance ventures for Rs.4,000-5,000 crore, two people aware of the matter said, as it looks to sharp... Read More

Piramal to sell its stakes in Shriram insurance firms

mumbai, March 3 -- Piramal Enterprises Ltd is planning to sell its holdings in Shriram Group's insurance ventures for Rs.4,000-5,000 crore, two people aware of the matter said, as it looks to sharpen ... Read More

Axis Bank plans to sell NBFC business for up to $1 billion

New Delhi, Feb. 26 -- In a bid to be in line with proposed Reserve Bank of India (RBI) norms regarding business overlaps and holding limits of banks in their subsidiaries, Axis Bank Ltd has begun expl... Read More

Dulux paintmaker AkzoNobel repaints India strategy with Rs.2,144 crore coatings biz buyout

New Delhi, Feb. 25 -- Europe's largest paintmaker and owner of the Dulux brand, AkzoNobel N.V., will acquire the powder coatings business and international research centre from its Indian subsidiary A... Read More

AkzoNobel may sell only paints biz in India for up to $1.7 billion as Pidilite, JSW, Indigo enter second round

New Delhi, Feb. 19 -- AkzoNobel N.V may sell only its paints business in India while keeping the industrial coatings business, even as three suitors prepare to place financial bids for the maker of Du... Read More

AkzoNobel may sell only paints biz, 3 firms in fray

mumbai, Feb. 19 -- AkzoNobel N.V may sell only its paints business in India while keeping the industrial coatings business, even as three suitors prepare to place financial bids for the maker of Dulux... Read More

What next for Burmans after the battle for Religare

New Delhi, Feb. 17 -- The billionaire Burman family may have to invest as much as Rs.5,000 crore in the companies under Religare Enterprises Ltd, stabilize its management and buy out some of the early... Read More

ITC in talks to acquire MTR , Eastern for $1.4 billion

New Delhi, Feb. 13 -- ITC Ltd is in early discussions with Norway's Orkla ASA to acquire its Indian businesses MTR Foods Pvt. Ltd and Eastern Condiments Pvt. Ltd for about $1.4 billion, two people awa... Read More

Adani Group to partner with US' Mayo Clinic for new hospital business

Mumbai, Feb. 10 -- Adani Group is in advanced discussions to venture into the hospital business through a partnership with US-based Mayo Clinic Global Consulting (Mayo Clinic), according to two people... Read More

For Danny Gaekwad, the Religare open offer may be a tough nut to crack

New Delhi, Jan. 27 -- A day before curtains rise on the Burman family's open offer for Religare Enterprises Ltd, Indian-American businessman Digvijay Danny Gaekwad sought to expand his counter-offer f... Read More

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