India Digest: Temasek, CPPIB eye Biocon Biologics; PayU, Adani in M&A news

India Digest: Temasek, CPPIB eye Biocon Biologics; PayU, Adani in M&A news

Naspers-backed PayU is in talks to buy PaySense, while in a separate development, Temasek, True North, and Canadian Pension Plan Investment Board (CPPIB) are in talks to acquire a minority stake in Biocon Biologics India. Adani group, on the other hand, has evinced interest to acquire Krishnapatnam Port Company Ltd (KPCL).