Realty portal Housing has struck a partnership with rival PropTiger, in what is likely to be the first step towards a potential merger between the Mumbai and Gurgaon-based companies, according to three people directly aware of the development.

Hero FinCorp Ltd, the retail lending arm of Hero MotoCorp Ltd, said on Thursday that it had raised Rs1,000 crore, as it seeks to expand its loan book more than four-fold by 2020.

Norway's Telenor (TEL.OL) on Monday put up for sale an 8.1 percent stake in Amsterdam-based telecoms operator Vimpelcom (VIP.O), worth about $555 million at Friday's closing price, and said buyers would be sought through a book-building process.

Logistics company Palogix Infrastructure Pvt. Ltd is in talks with private equity (PE) firms to raise up to Rs150 crore to fund its expansion and provide an exit to investor Bessemer Ventures, two people aware of the development said.

Canadian-based rivals Agrium Inc and Potash Corp on Monday said they had agreed to merge to create a $36-billion global crop fertilizer behemoth.

City-based Dhunseri Petrochem Ltd on Monday said it has completed the formation of an equal joint venture with Thailand's Indorama Group — which aims to create a polyethylene terephthalate (PET) resins behemoth.

Mahindra CIE Automotive agreed to acquire automotive forging company Bill Forge in a Rs 1,332 crore cash and stock deal, which the Indo-Spanish component maker expects will help diversify its business and increase revenue and profit from Asian markets.

Private equity firm Actis Capital is looking to sell its majority stake in Indore-based Symbiotec Pharmalab Ltd, according to two people familiar with the development.

The Union ministry of commerce and industry has convened a meeting next week to discuss the possibility of maharatna PSU Steel Authority of India Ltd (SAIL) acquiring a stake in MMTC.

Lpath inc says under the agreement, lpath will issue new shares of its common stock or rights to acquire its common stock to apollo security holders.

With the government relaxing rules following a surge in bad loans, funds have been attracted by the prospects of acquiring troubled assets at deep discounts.

Mining major Vedanta Resources said on Tuesday that its shareholders have approved the merger of group companies Vedanta Ltd. and Cairn IndiaBSE 1.08 %.

Volkswagen Truck & Bus, an arm of the German automaker Volkswagen, is buying a minority stake in Navistar for $256 million.

Says the Scheme of Arrangement in respect of the recommended acquisition of ARM Holdings plc ("ARM") by SoftBank Group ("SBG") came into effect on Sep. 5

Alcoa Inc and its Australian partner, Alumina Ltd, have settled a dispute and agreed to make changes to their joint venture, removing an obstacle to Alcoa's plan to split into two companies.

Germany's biggest airline Lufthansa will finalise a planned joint venture with Air China at a ceremony in Beijing later this month, rounding off over two years of negotiations, a person involved in the deal said.

Russia hopes to fetch more than $11 billion for a minority stake in the Kremlin's flagship oil producer Rosneft before the end of the year to plug budget holes caused by low crude prices, an industry source told Reuters on Friday.

Voonik Technologies Pvt. Ltd, which operates the fashion app Voonik, said on Friday that it had acquired styling and personalization app Dekkoh for an undisclosed amount.

Indian Artizans- an omnichannel marketplace for Indian fashion and decor under the banner of InCraft Fashion Venture private limited has picked up 60% stake in Kolkata's designer Debarun Mukherjee's label. Mukherjee's brand Debarun was launched in 2006.

Reserve Bank has restricted foreign investors to increase stake further in Tata Group departmental firm Trent as the permissible limit has been crossed.

ThyssenKrupp AG and Tata Steel Ltd’s attempts to combine their European steel operations are centered on how to value Tata’s troubled UK assets, according to people familiar with the matter.

Partners Group, a Swiss investment firm with $55 billion assets under management (AUM), is evaluating health care firms for private equity (PE) investment in India.

Payment processing and marketing company Dalenys has decided not to merge its telecoms division with another company, Chief Executive Thibaut Faurès Fustel de Coulanges told Reuters in a telephone interview.

Luxembourg-based ArcelorMittal SA and state-owned Steel Authority of India Ltd. (SAIL) on Tuesday discussed the contours of setting up a $1 billion joint venture factory for a high-end automotive steel plant in India.

Mumbai: Bhoruka Logistics Pvt. Ltd, a Mumbai-headquartered logistics firm, is in talks to raise Rs.100 crore from private equity (PE) and strategic investors, said two people aware of the development.

Aug 30 Canada's main stock index rose in early trade on Tuesday, boosted by a rebound in energy stocks and further gains for financials, while a report of a possible merger sent shares of two fertilizer companies soaring.

Quippo Oil & Gas Infrastructure Ltd, a unit of Srei Infrastructure Finance Ltd, is in talks to buy the assets of GOL Offshore Ltd, two people familiar with the development said.

China's insurance regulator will limit the funding avenues for insurers to take stakes in other companies, in an effort to crack down on aggressive acquisitions, financial news outlet Caixin, citing anonymous industry sources.