Hong Kong Based SAIF Partners acquires a minority stake in the Indian...
Catmoss Retail Pvt Ltd reported it had disposed off its minority stake to Hong Kong based firm, SAIF Partners. Catmoss Retail Pvt Ltd is a retailer of kids wear in India and the announcement stated...
View ArticleAnil Dhirubhai Ambani Group (ADAG) on the acquisition trail, acquires 8.68%...
Reliance Capital Trustee, of the ADAG group of companies, reported that it had acquired 8.68% stake in Trent Ltd for an estimated Rs 21.2 crore. The move comes as ADAG’s introductory foray into the...
View ArticleEurope’s biggest home improvement retailer Kingfisher Plc to open first...
Kingfisher Plc is mulling commencing operations in India with the opening of its first outlets in the country. The move will be followed by a similar venture in Brazil, Latin America’s biggest and...
View ArticleValuemart Retail India acquires 59.86 per cent shareholding in Residency...
Valuemart Retail Ltd has acquired a 59.86 per cent stake in Residency Projects and Infratech Ltd. Valuemart Retail India Ltd said it will be purchasing the stake from the target firm’s existing...
View ArticleKaruturi Global Ltd to buy 54 per cent in Florista India Pvt Ltd
In a bid to expand its business and offering in India, Karuturi Global Limited is to buy a 54 per cent stake in Florista India Private Limited. Florista India Private Limited is a chain of floral...
View ArticleDutch consumer electronics maker Philips purchases leading Indian kitchen...
Philips Monday announced it had purchased leading Indian kitchen appliance maker Preethi for an undisclosed amount. Royal Philips is a Dutch consumer electronics maker. The investment is aimed at...
View ArticleReliance Equity Advisors invests Rs 120 Crore in Shankara Pipes India Ltd
Reliance Equity Advisors has invested Rs.120 Crore in Bangalore based Shankara Pipes India Ltd. The Bangalore business was incorporated more than ten years ago and is involved in the distribution of a...
View ArticleWarburg Pincus mulling Rs 150 crore investment in Indianmart.com
According to the Economic Times (ET), Warburg Pincus may invest up to Rs.150 Crore in Indiamart.com. The deal may see an exit by BCCL, which had invested $3.5 million in Indianmart.com in 2007....
View ArticleRexel buys a second Indian company, Ad Electronics
Rexel, a global leader in the distribution of electrical supplies, announced Monday the acquisition of India’s AD Electronics. Rexel entered the Indian market through the acquisition of Yantra...
View ArticleBenefitsPLUS acquires Snowball eRetail Services
According to Your Story, benefitsPLUS, India’s most dynamic and compelling closed-group ecommerce website acquired Snowball eRetail Services based out of Delhi to strengthen its online retail presence....
View Article