Today’s M & A Deals_April 23, 2018

M & A Deals :

  • WhatsApp rival Line’s venture capital arm backs True Balance
  • Babycare startup Mamaearth gets funding from Shilpa Shetty
  • Kedaara Capital-backed Manyavar in talks to buy ethnic wear e-tailer
  • Gray Matters Capital earmarks $40 mn for education investments in India
  • SoftBank-backed True Balance raises $23 mn in fresh funding
  • Xander’s Virtuous Retail buys stake in North Delhi Metro Mall
  • Ebix to buy into e-learning firm Smartclass in ninth India acquisition
  • Sensex, Nifty end flat as IT stocks offset losses in other sectors

Morning Business News Round Up_April 23, 2018

  • IMF unveils new corruption policy for member states
  • US-China trade war to hurt global growth: EIU
  • TCS bets on Business 4.0 to push digital revenue to over $5 billion
  • Sebi may seek forensic probe of ICICI Bank books
  • Ordinance against fraud fugitives gets President’s nod
  • E-commerce think tank to hold first meet on April 24
  • Russia adds Google IPs to registry of banned sites
  • India’s crude steel output to soar by 38% to 140 million tonnes in 2018
  • Ahead of merger with Vodafone, Idea’s 100% FDI proposal under consideration
  • Goa Shipyard to go public next year; eyes Rs 50-bn revenue in 5 years: CMD
  • IIFCL tears into Jaypee Infra bid evaluation process, calls for fair review
  • FPI outflow in April at Rs 80 bn on trade negotiations, rising bond yields
  • Indian ‘elephant ready to run’ after sustained economic reforms: IMF official
  • Govt will roll out a red carpet to foreign steel cos?
  • India’s GDP expected to reach $5 trillion by 2025: Economic Affairs Secretary
  • Real GDP growth may expand to 7.4% in 2018-19: RBI Governor
  • Fugitive economic offenders Ordinance gets Cabinet nod
  • TCS platform enables transparent data-sharing
  • World Bank approves $13 billion capital boost as US drops objection
  • HDFC Bank Q4 net profit rises 20% to Rs4,799 crore
  • L&T sells Bengaluru land parcel to Phoenix-CPPIB platform for Rs650 crore
  • Investors in IBC companies face a harsh reality
  • Tata Motors’ market share in commercial vehicles rises to 44% in FY18 on turnaround strategy
  • Image result for FlipkartFlipkart could sell controlling stake to Walmart as early as next week
  • IBC, RERA conflict apparent in some bankruptcy proceedings: Assocham
  • Mahindra Electric ties up with Meru for e-vehicle project
  • RP tells NCLT Rewant Ruia end beneficiary of Numetal
  • India calls for increase in voting rights at World Bank
  • IMF, World Bank must develop strategy for enhancing public debt transparency: India
  • US Hints at China Truce as World Warns of Trade-War Threat
  • RBI circular barring banking service for crypto-currencies challenged in HC
  • Nickel gains on possible sanction worries
  • OTC biz to contribute 15-20% to revenues
  • US-China trade war boosts cotton exports