Mergers & Acquisitions
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Opportunity India Desk Jan 05, 2019 - 1 min readThe Maharashtra government has announced a partnership with realty firm Mahindra Lifespaces for developing the coastal town of Murud as a destination for medical tourism and wellness. The move of the government will draw more tourists to the state. This project will generate 6,000 employment opportunities and attract Rs 500 crore investment. It will be ...
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Opportunity India Desk Jan 05, 2019 - 1 min readHyderabad-based Hetero's European subsidiary Amarox Limited has acquired Tarbis Farma, SLU, a pharma company operating in Spain, for an undisclosed sum. Tarbis Farma comes with a product portfolio and an extensive marketing network with well-experienced personnel in retail business across Spain. This acquisition will help Hetero to build a strong front-end marketing presence giving Amarox ...
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Opportunity India Desk Jan 05, 2019 - 2 min readICICI Bank and Small Business FinCredit have signed a Memorandum of Understanding (MoU) with Small Business FinCredit India Pvt Ltd (SBFC) to jointly provide credit to micro, small and medium enterprises (MSMEs). This is the first-of-its-kind programme between a bank and an NBFC in India. Under the pact, eligible MSMEs can get loans up to Rs ...
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Opportunity India Desk Jan 04, 2019 - 1 min readDrug major Sun Pharma has completed the acquisition of Japan-based Pola Pharma in order to strengthen its presence in dermatology segment across the globe. Pola Pharma is engaged in the manufacture, research and development, sale and distribution of branded and generic products in Japan. Sun Pharma’s BSE filing stated, "Sun Pharma has completed all the necessary formalities, ...
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Opportunity India Desk Jan 03, 2019 - 1 min readBloom Hotel Group is planning to expand its network to Tier 2 locations. It is eyeing expansion in markets like Aurangabad, Vijayawada, Lucknow, Ahmedabad, Pune, Kochi, Rishikesh and Hyderabad among several others. In a recent interview, Tom Welbury, Vice President, Strategy, The Bloom Hotel Group, said, "The brand, in its initial years, followed a disciplined approach ...
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Opportunity India Desk Jan 02, 2019 - 1 min readJioCinema, a digital app of Reliance Jio Infocomm (Jio), has collaborated with Disney to offer a dedicated section on Disney, Pixar, Marvel, and Lucas films and entertainment to its more than 250 million subscribers. Mukesh Ambani-owned Jio in a statement said, "JioCinema and Disney India have come together to offer timeless stories and beloved characters ...
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Opportunity India Desk Dec 29, 2018 - 1 min readRPG Ventures is looking to tap the private markets to raise funds for Seniority Pvt Ltd, senior citizen-care product startup. The company had incubated Seniority in 2016. The startup is selling products that make everyday life easier for senior citizens, with mobility aids, wellness products and leisure accessories. Kunjan Chikhlikar, Head, RPG Ventures, said, "We ...
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Opportunity India Desk Dec 28, 2018 - 1 min readBengaluru-based GD Group is planning to launch as many as six properties under the brand name of Great Destinations Hotels and Resorts by the end of 2019. The company has entered the hospitality sector with the launch of the premium brand Vividus. GD Group intends to have a pan-India presence on the acquisition and lease ...
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Opportunity India Desk Dec 28, 2018 - 1 min readWith yoga gaining popularity in China as a healthy lifestyle choice, the China-India Yoga College is planning to expand its training locations. Founded in June 2015 as part of a China-India cultural exchange programme, the China-India Yoga College opened its first branch on December 22 at Yunnan University in the city of Lijiang as part ...
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Opportunity India Desk Dec 27, 2018 - 1 min readRadiant Life Care, an Indian hospital management company backed by global investment firm KKR, will acquire a majority stake in Max Healthcare Institute Limited from Max India Limited. The company said, "Radiant Life Care has entered into a transaction whereby its shareholders will acquire a majority stake in Max Healthcare from Max India." The acquisition ...