India Dealbook: Mehli Mistry picks MJ Biopharm stake; TTK Prestige buys Ecolife

India Dealbook: Mehli Mistry picks MJ Biopharm stake; TTK Prestige buys Ecolife

Photographer: Krisztian Bocsi/Bloomberg

In the latest M&A deals, Mehli Mistry has bought a significant minority stake in Mumbai-based insulin products maker MJ Biopharm while TTK Prestige Ltd is buying the business of Australia’s Ecolife.