Bankrupt infrastructure conglomerate IL&FS Group is preparing to sell its entire residual stake in Roadstar Infra Investment Trust (InvIT) as part of its protracted debt resolution plans, said people familiar with...
Piramal Enterprises rises 4% as NCLT approves merger of its subsidiary
Piramal Enterprises shares rose 3.6 per cent on Wednesday, logging an intra-day high at ₹1,185 per share on BSE. At 11:37 AM, Piramal Enterprises’ share price was trading 3.6 per cent higher at ₹1,185 per share on BSE...
Craftsman Automation acquires stake in solar power company
Craftsman Automation has made an equity investment in Event Green Power (EGPL) for solar power under the Group Captive Scheme as required under the provisions of the Electricity Act, 2003. The company has invested Rs...
Brazil’s antitrust watchdog approves acquisition of Wickbold by Bimbo
Brazil’s antitrust watchdog CADE unanimously approved on Wednesday the acquisition of local bakery group Wickbold by Mexico’s Bimbo, but imposed restrictions that include some asset divestitures. CADE...
Commodity trader ResInvest in talks to buy Uniper’s Datteln 4 power plant
Commodity trader and investment company ResInvest Group said it is in talks to buy Datteln 4, the 1 gigawatt coal-fired power plant Uniper must sell as part of the German utility’s government rescue in 2022...
Key Highlights of the Companies (CAA) Amendment Rules, 2025
MCA expand fast-track merger eligibility and introduce new compliance forms and procedures for smoother regulatory approvals under Companies Act 2013. On 4-9-2025, the Ministry of Corporate Affairs (‘MCA’) notified the...
Adani Road Transport to acquire 100% stake in D P Jain TOT Toll Roads
Adani Road Transport (ARTL), a wholly owned subsidiary of Adani Enterprises has executed a Share Purchase Agreement (SPA) on 11 September 2025 with D P Jain TOT Toll Roads (DPJTOT), D P Jain & Co Infrastructure and...
Union Pacific CEO held talks with Trump on $85 billion plan to buy Norfolk
Union Pacific Corp CEO Jim Vena met with U.S. President Donald Trump in the Oval Office to discuss the railroad’s proposed $85 billion buyout of Norfolk Southern Corp, the company said on Friday, as it seeks...
GE Vernova to sell Proficy to TPG for $600 million, shifts focus to grid software
GE Vernova said on Thursday it will sell its Proficy industrial software unit to private equity firm TPG for $600 million and reinvest the proceeds in grid software. Proficy, which accounts for about 20% of GE Vernova’s...
Carlyle, EQT, HongShan among final bidders for Starbucks China, sources say
Global investment firms Carlyle Group and EQT, alongside regional players HongShan Capital Group and Boyu Capital, are preparing final offers for a controlling stake in Starbucks’ China operations, said five...
Indonesian energy firm Pertamina to merge refinery, shipping, retail operations
Indonesian state energy firm PT Pertamina will merge the operations of its refinery, shipping and retail units to improve efficiency in its core business, CEO Simon Aloysius Mantiri said on Thursday. “We will...
Technip Energies buys Ecovyst’s Advanced Materials & Catalysts business for $556 million
French energy infrastructure company Technip Energies said on Thursday it had agreed to buy U.S.-based chemicals group Ecovyst’s Advanced Materials & Catalysts business for $556 million, sending its shares up...
