Strides Arcolab to buy Shasun Pharmaceuticals *An all stock deal *Transaction valued at Rs 1,200 crore *Shasun shareholders to 26% in merged entity *Helps Strides Arcolab to in saving costs and assuring supply of drug ingredients
IDFC Alternatives sells two real estate investments to Blackstone *Deal value estimated at Rs1,100 crore *Internal rate of return generates is 22% *IDFC Alternatives to focus on affordable housing segment *Plans to launch a $500 million fund focused on affordable housing *Another asset in Blackstone's portfolio after Vrindavan Tech Village and Express Towers
Minda increases stake in joint venture to 51% *2% equity from its Japanese JV partner Furukawa Group *Enters into a JV with Panasonic to manufacturing lead acid batteries.
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