Mumbai: Mint brings to you your daily dose of top deals reported by newsrooms across the country.

Two firms eye Tata stake in Amalgamated Plantations

At least two large tea producers have evinced interest in acquiring Tata Global Beverage Ltd’s 41% stake in Amalgamated Plantations Pvt. Ltd (APPL), India’s second largest producer and supplier of tea with estates in the Dooars region of West Bengal and Assam, reports Mint. Read more

Crystal Crop Protection to acquire Solvay’s manufacturing plant in Nagpur

Delhi-based agro-chemicals firm Crystal Crop Protection Pvt. Ltd (CCPPL) on Tuesday said it agreed to acquire a speciality chemicals plant from Cytec India Specialty Chemicals & Materials Pvt. Ltd, an Indian unit of Belgian chemicals firm Solvay SA, reports Mint. Read more

Piramal Enterprises eyeing acquisition of debt-laden firms across sectors

Piramal Enterprises Ltd (PEL) plans to bid for debt-laden companies across six to seven sectors, including auto ancillary, cement and textiles that are currently undergoing insolvency proceedings, group chairman Ajay Piramal said. Read more

Star Shopping to merge with Future Group’s retail infra unit

Mall developer Star Shopping Centres is merging with Future Group’s primary retail infrastructure development unit, Future Market Networks, according to a BSE filing. Read more

Walmart in talks to buy a significant minority stake in Flipkart

Walmart Stores Inc, the world’s biggest retailer, is in advanced talks to acquire a significant minority stake in leading e-commerce marketplace Flipkart, two people with knowledge of the development told The Economic Times. Read more

The news comes nearly two years after It first surfaced that Walmart was looking to invest between $750 million and $1 billion in Flipkart. If the deal materialises, Flipkart could potentially be Walmart’s horse in the race against Amazon, an earlier article in Mint said explaining the dynamics of the deal. Read more

ChrysCapital may infuse Rs400 crore in Federal Bank’s NBFC arm

Home-grown private equity fund ChrysCapital is in advanced negotiations to invest about Rs400 crore to acquire a 26% stake in Fedbank Financial Services, a wholly-owned unit of Federal Bank, a development which signals a continuation of last year’s trend of private equity deluge into financial services companies in the country, reports The Economic Times. Read more

Paytm to launch online gaming content on its platform to take on Amazon

Bringing out the big guns to take on Amazon India, the Vijay Shekhar Sharma-led online mobile wallet major Paytm might soon launch video content on its platform, thanks to its new venture with the Alibaba Group-owned AGTech Holdings Ltd called Gamepind, a gaming and entertainment platform, reports Business Standard. Read more

Accel US, India back BrowserStack

Mobile and web-testing service platform BrowserStack, which is among the most high-profile bootstrapped startups in India, has finally decided to get on board institutional investors. The six-year-old, Mumbai-based company has closed its maiden investment round of about $50 million led by venture fund Accel Partners (Accel US and India), valuing it at more than $400 million, people familiar with the talks said. This will be the largest-sized series-A round for an Indian tech startup, reports The Times of India. Read more

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