National News All Industries Agro based Automobile Automotive Aviation Banking Biotechnology BPO Cement Chemical Chemical and Fertiliser Communications Construction Consumer Durables Defense Disinvestment Ecommerce Education Electrical Electronics Energy Engineering Entertainment Equipment Financial services FMCG Food and beverage General Healthcare Home Appliances Hotel Information technology Infrastructure Insolvency Insurance Logistics Manufacturing Media Metal Minerals Mining Oil Oil and Gas Other Packaging Paint Paper Petrochemicals Petroleum Pharmaceutical Power Realty Retail Rubber services Shipping Sports Steel Telecom Textile Transport Travel & Tourism National News International News Cross Border News Tata in acquisition talks with as many as five consumer brands With just one bidder left, BPCL divestment scrapped EMC case: Pawan Hans bidder initiates process to appeal against NCLT order Edtech Start-up Speedlabs Raises ₹14.31 Cr From Mumbai Angels, Others HDFC, HDFC Life insurance acquires stake in Xanadu Realty Honasa Consumer acquires majority stake in skincare brand Dr. Sheth’s After $10.5-bn deal, Adani makes open offer for Ambuja and ACC stake Paytm’s Acquisition Of General Insurer Raheja Qbe Terminated As It Overshoots The Deadline Reliance Industries to acquire dozens of brands in $6.5 bln consumer goods play Adani group to buy 49% stake in Quintillion Media for undisclosed amount Tata Steel Acquires 1.30 Cr Ocrps Of Associate Firm Trf Swiggy enters high-end dining market with acquisition of Dineout Swastika Commodity Merges With Swastika Investmart Electric scooter maker Ather raises $128 million in funding round led by NIIF, Hero MotoCorp Byju’s in talks with lenders for $1 billion to fund acquisition plans NCLT grants more time to FRL to reply to BOI plea Web3 Platform Fanztar Raises ₹5 Cr Led By India Quotient, Sharechat Founders Vivriti Capital Raises Additional $30 Mn From Tvs Capital Future’s stake sale in its insurance arm helps banks recover ₹1,266 cr Government to hold 33% stake in Voda Idea post equity conversion: Ravinder Takkar IPO plan okayed, TVS Supply Chain Solutions may go in for acquisitions Deadline for Reliance Cap resolution plans extended till June 30: Report Ford sells shares in EV maker Rivian for $214 mln Silver Point to buy AJR Infra’s Patna project for Rs 930 crore Cashe forays into wealth management with Sqrrl acquisition NCLT admits plea against Modella Textile Industries Ambuja, ACC sale: UltraTech likely to bid, secures legal view Future Retail may not have been in breach of SIAC ruling: High Court Deals are back on dining tables in India again NCLAT allows ATS group firm to withdraw appeal after settlement with financial creditor NCLT orders insolvency proceedings against Birla Tyres Vedanta outbids JSPL for Athena Govt to invite financial bids for SCI sale by Sept; Shipping House, MTI to be hived off Future Enterprises to raise Rs 3,000 crore from insurance biz sale; aims to pare debt, avoid insolvency Tata steel to grow organically, new acquisitions unlikely this decade: MD What LTI-Mindtree merger means for two IT firms, their existing investors The trouble with India Inc’s new found penchant for merging rivals Adani Leads The Race To Buy Ambuja And Acc With $13.5 Bn In Kitty Adani taps Gulf groups and IHC to join efforts for ACC, Ambuja buy IDBI Trust invokes pledged investments in Future Group companies Cognizant Plans To Make Fewer Acquisitions This Year Tata Consumer Products to get into home and personal care through acquisition led strategy UPL acquires new naturally-derived fungicide Eris Lifesciences Steps In Dermatology Therapy Biz, To Buy Oaknet Healthcare For ₹650 Cr Signature Global Raises ₹400 Crore From Hdfc Capital Internet services provider Excitel raises $11.5 million Tata Steel to complete NINL acquisition in current quarter: CEO Route Mobile to buy Teledgers’ blockchain, DLT platform for about Rs 130 cr Adani Wilmar acquires Kohinoor rice, strengthens its presence in food segment Toplyne Raises $15 Million From Tiger Global, Sequoia Capital And Others Astral to acquire 51 pc stake in Gem Paints for Rs 194 cr Acquisitions in underpenetrated spots, not looking at small targets: Wipro CFO Jatin Dalal L&T Infotech and Mindtree merger to start on strong foundation: Analysts Tata Coffee, Tcpl Merger In 12 To 14 Months: Official Says ‘no Roadblock Ahead’ Bodhi Tree Systems Invests $600 Mn In Allen Career, Second Deal In A Week Merger of two Shriram NBFCs likely to be completed by December IDBI Bank privatisation process on; decision on quantum of dilution after roadshow: DIPAM Secy Star9 Mobility Private Ltd to buy Govt’s 51% stake in Pawan Hans NCLT admits petition for CIRP against EPC firm McNally Bharat Engineering Tata Capital’s Fund Keen On Aarthi Stake Delhi HC: Why can’t RIL be made a party to Amazon-Future case? Merger with private bank, NBFC proposed at IDBI Bank roadshows Future Lifestyle plans debt restructure pitch Karaikal Port admitted for insolvency, Adani Ports & SEZ frontrunner YES Bank approaches NCLT to admit Zee Learn under the insolvency resolution process Bharti Airtel buys 7% stake in NaaS startup Cnergee Technologies Cabinet approves amalgamation of CDC with CSIR; assets to move to latter Tata Group approaches CCI for merger between Air India and AirAsia India Licious makes strategic investment in pet food startup Pawfectly Made NCLT reserves order in ArcelorMittal’s resolution plan for Uttam Galva Steel Jindal Stainless-Jindal Stainless (Hisar) merger gets shareholder, creditor approval Veranda Learning hits 5% upper circuit on TIME acquisition Govt’s 3.5% stake sale plan in LIC gets Sebi approval Investors guide to benefitting from increased M&A activity in India Inc Billionaire Gautam Adani In Talks To Buy Holcim India Units: Report Shareholders of six Future units vote on Reliance Retail Deal JSW taps Carlyle to back bid for Holcim’s Indian cement operations BookMyShow makes strategic investment in TribeVibe for majority stake Welspun Looks To Acquire Bankrupt Sintex Group Arm Cricket Nft Platform Rario Raises $120 Mn Series A Funding Led By Dream Capital Supertech Insolvency: Lender Seeks Better Settlement Plan Future proposes to transfer 45% of its debt to Reliance Reliance Brands signs pact to pick controlling stake in Abu Jani Sandeep Khosla Flipkart acquires D2C SaaS platform ANS Commerce Whatfix acquires Leap to expand mobile capabilities Will BBNL’s merger with BSNL expedite Bharat Net project? Max Ventures to amalgamate with Max Estates. Here’s how the duo expects to benefit Nazara Tech’s arm Nodwin approves acquisition of 35% of Brandscale Innovations Larsen weighs merging Mindtree & L&T Infotech into a $22 billion firm Sterlite Power acquires 64.98% stake in MTCIL for fiber network in Maharashtra Varroc looking to sell global lighting business for up to $650 million Asahi Songwon Colors enters API biz via Atlas Life Sciences acquisition HDFC moved NCLT against SITI Networks claiming default of Rs 296 cr CCI nods deal to acquire minority stake in BDR Pharma by Multiples Fund III and others Future lenders await RIL’s debt distribution plan Mahindra & Mahindra to sell entire stake in Mahindra Sanyo Special Steel for Rs 212 crore Mahindra Holidays To Raise Stakes In Rocksport In 3 Tranches Apollo, Piramal, Adani In Race To Buy Hll Lifecare Bank of India moves NCLT against Future Retail, files insolvency plea Investigate Jaiprakash Associates: SAIL to NCLT Reliance Capital lenders finalise resolution plan paper; nod expected next week Mufin Finance acquires APM Finvest for Rs 76 crore, aims to create EV financing ecosystem PhonePe, Affle, seek ‘out of court’ settlement for Indus OS acquisition Supertech Seeks Time, Nclat Stays Formation Of Committee Of Creditors Tpg-backed Firstcry Looking To Raise $700 Million In Ipo NCLAT stays formation of committee of creditors to overtake Supertech group Merger of HDFC entities to increase M&A prominence among banks: Fitch Tata Steel Completes Buy Out Of Sail’s Stake In S&t Mining Phoenix ARC in talks with banks to acquire VVF India loans Baba Ramdev’s Ruchi Soya to evaluate merger of Patanjali Ayurved’s food portfolio with itself Phablecare Raises ₹187 Cr In Funding Round Led By Kalaari Capital Torrent, JB Chemicals in final race to acquire Curatio Healthcare No plan to privatise railways, need to accept latest tech: Ashwini Vaishnaw Tata AIA Life Insurance ties up with Common Service Centres Future Retail lenders select Deloitte backed interim resolution professional to take the company to bankruptcy court Swastika Investmart Acquires The Business Of Safal Capital Beyondirr Raises Seed Funding From Zerodha’s Rainmatter, Sujeet Kumar Tata Steel Mining’s Rs 780 crore resolution plan for Rohit Ferro Tech approved by NCLT Bank of Baroda takes Gayatri Projects to NCLT over unpaid dues Lupin completes acquisition of portfolio of brands from Anglo-French Drugs & Industries Rebel Foods acquires majority stake in luxury chocolate brand Smoor Bank of Maharashtra to divest 4% stake in ISARC by Dec-end NCLT initiates insolvency proceedings against a group company of realty developer ATS Bandhan-led group to buy IDFC MF, deal valued at ₹4,500 crore Government defers proposal to merge BSNL, MTNL due to financial reasons Acquisition financing spiked 3x to $32.5 bln in FY22 Motherson Sumi completes acquisition of 55% stake in CIM Tools Suven Pharma acquires Hyderabad-based formulation maker for Rs 155 crore Bharat Serums and Vaccines acquires key women health brand Tidilan from Jagdale Industries TripMoney acquires majority stake in BookMyForex After Axis and HDFC Bank, will Kotak Mahindra go the M&A way? Anarock acquires co-working firm myHQ Vested Finance raises $12 million in series A funding round TCPL going for consolidation, simplification; to bring down no of entities to 23 Asian Paints’ new acquisitions unlikely to add colour to its business soon Amid IPO plans Netcore eyeing another $100 million acquisition CCI to enforce stricter M&A disclosure requirements starting May 1 Indo Count soars 10% on completing acquisition of home textile biz of GHCL HDFC Bank, HDFC merge in mother of all M&A deals Pune-based AgroStar fully acquires INI Farms JM Baxi agrees to acquire units of two logistics firms for Rs. 200 crore Canara Bank pares its stake in debt resolution firm IDRCL to 5 per cent NCLT approves transfer of Raymond Apparel biz to parent firm Govt seeks bidders for FSNL strategic divestment Rabobank’s insolvency petition against Coffee Day Global dismissed Tata’s Tejas acquires majority stake in semiconductor firm Saankhya Lab Tata Steel to acquire SFML’s ferro alloy assets in Odisha for Rs 155 cr Raymond plans to sell ColorPlus and Park Avenue Axis Bank acquires Citi India’s retail assets for $1.6 billion HC: NCLT can be allowed to continue with Future asset sale proceedings Govt merges Films Division, DFF, NFAI, CFSI with NFDC TCPL, Tata Coffee rally up to 13% after merger announcement Lenders restructure Jain Irrigation’s debt worth Rs 3,878 cr FarMart raises $32 million in series B funding led by General Catalyst Airtel completes acquisition of 4.7% stake in Indus Towers from Vodafone Group Tata Consumer Products to merge Tata Coffee business with itself No proposal for merger of sick fertiliser units with profit-making firms: Govt SBI to buy entire share of three stakeholders in SBI Global Factors Alembic Pharma buys out partner stake in Aleor Dermaceuticals HDFC Bank to infuse Rs 3 cr to acquire stake in debt resolution firm IDRCL Govt to sell up to 1.5% stake in ONGC to raise Rs 3,000 cr ICICI Bank to buy 1 mn shares in open network e-commerce platform ONDC Bankers decide to refer Future Retail to NCLT Aurobindo Pharma buys Veritaz for Rs 171 crore to enter domestic formulation business Byju’s among most active TMT cos across global M&A market in 2021: Report Tata Power, Rustomjee Group collaborate for EV Charging infrastructure Assam Industrial Development Corporation takes over assets of Hindustan Paper Corporation, Cachar Paper Mill ‘Pain in system is too much’: Motherson Sumi chief sees lot of acquisitions Spacetech startup Pixxel raises $25-mn funding led by Radical Venture CollegeDekho buys coding platform PrepBytes Bharti Airtel to acquire 7% stake in Avaada KNShorapur Lenders approve IL&FS’ debt recast proposal for CNTL PVR, INOX Leisure script mega merger Tata AIG, ICICI Lombard join race to buy insurance units of Reliance Cap Vikas Ecotech scouts for acquisition, expects Rs 360 crore revenue in FY23 Access to technology key to M&A strategies of Indian firms: survey India Sotheby’s picks up stake in CRE Matrix Torrent Power acquires 50 MW Solar Power Plant from Lightsource bp and UKCI for Rs 300 crore Real estate developer Supertech declared insolvent by NCLT HDFC sells over 2% stake in Hindustan Oil Exploration during July-Mar for Rs 61 crore Emami acquires Dermicool brand from Reckitt for Rs 432 cr Airtel to acquire Vodafone’s 4.7% stake in Indus Towers for Rs 2,388 cr Tata Consumer Products to continue focus on acquisitions IndusInd Bank to sell Future Retail loans to Edelweiss ARC Ola signs agreement to acquire neo bank Avail Finance Netcore acquires 90% stake in Unbxd for $100 mn, plans IPO in a year PNB buys 6% stake in public digital e-commerce platform Reliance Brands buys Sunglass Hut’s India franchisee rights, stores Digital parenting platform BabyChakra plans to broaden user base, acquires Tinystep PE biggies, Kotak Bank sounded out for IIFL Wealth stake sale Vedanta, Jindal Power among investors interested in buying Srei firms Adani Wilmar plans acquisition of brands and processing units in mass rice segment Invesco withdraws EGM requisition for ZEE’s board reconstitution, reiterates support for Zee-Sony merger No plan under consideration for disinvestment of BSNL: Devusinh Chauhan RINL disinvestment paves way for capital infusion, capacity expansion: Govt MDH denies any move to sell business to HUL Sanjiv Goenka group scouts for retail, IT acquisition targets Kotak Mahindra Bank, Axis Bank acquire nearly 8% stake each in ONDC Stanza Living raises $57 mn in debt round Quiklyz ties up with BluSmart Mobility for EV leasing JFL to acquire Golden Harvest’s remaining 10% stake in Jubilant Golden Harvest JV Adani Power board okays merger of six wholly-owned subsidiaries Equitas Holdings, Equitas SFB gain on board approval for merger plan Aquaconnect raises $8 mn in debt from Trifecta Capital Sun to acquire Daiichi’s 11.28% stake in Zenotech PhonePe acquires GigIndia, to strengthen enterprise offerings HUL in discussion to buy MDH Reliance Industries-ACRE wins bid to acquire Sintex Industries, proposes to delist shares Reliance Retail Ventures acquires 89% stake in Clovia for Rs 950 crore What does the merger with Blinkit mean for Zomato and its shareholders? Dodla Dairy to acquire Sri Krishna Milks for Rs 50 crore Govt seeks to merge BharatNet with BSNL this month: Report Bharat Serums acquires 26 pc stake in solar power firm AMP Energy C&I One Bank privatisation to be kickstarted soon Hazel-Swan consortium wins race for Reliance Naval HDFC Capital to buy 7.2% stake in realty start-up Loyalie IT Solutions Nxtdigital surges 17% as board approves merger of Hinduja Leyland Finance Supreme Court stays Siva Industries liquidation after appeal by promoters Would take steps for value adjustments, reversal of takeover of stores by Reliance, says FRL Adani Power completes acquisition of Essar’s 1,200 MW Mahan project in MP Torrent Power buys 51% stake in Dadra and Nagar Haveli & Daman and Diu discom Tata 1mg makes strategic investment in diagnostic platform 5C Network Mahindra & Mahindra to increase stake in Carnot Tech with ₹14 crore investment Zomato and Blinkit likely to merge in share-swap deal Perfios to acquire fintech platform Karza for Rs 600 crore Razorpay acquires Pune fintech startup IZealiant Tech for undisclosed sum Licious raises $150 mn to invest in technology and strategic acquisitions Baroda AMC, BNP Paribas AMC merger takes effect ASG Eye in talks with PEs to sell 49% stake Hero Electric ties up with L&T Finance for retail finance Govt plans to float EoI for its stake sale in IDBI Bank next month Reliance Infra submits resolution plan for Reliance Naval & Engineering Adani, KKR, Piramal among 14 prominent bidders for Reliance Capital Tech Mahindra to acquire Thirdware Solutions in all-cash deal for $42 mn NCLT allows liquidator of EPC Construction to initiate arbitration against Indian Oil Punjab & Sind Bank to buy 2 per cent stake in bad bank NARCL for Rs 55 crore Torrent Power completes acquisition of 156 Mw wind power plants from CESC Ltd Lighthouse invests ₹200 crore in FNP ICICI Bank to acquire 5% stake in NARCL Airtel acquires 9% stake in Avaada Clean for Rs 7.8 crore Vedanta, Welspun among 29 bidders in fray for Mittal Corp Malpani Group ties-up with Aditya Birla ARC to acquire Imagicaaworld Entertainment Law firm IndusLaw acquires Bengaluru-based boutique firm ASLF Ninjacart acquires SaaS platform Tecxprt to streamline supply chain CCI approves acquisition of L&T AMC by HSBC Asset Management MMTC executes share-purchase pact to sell stake in NINL to Tata Steel arm Curefoods acquires majority stake in milkshake brand Frozen Bottle Ukraine war a roadblock for SCI privatisation Divestment deadline may be extended Hatsun Agro plans to sell assets of ready-to-eat business Emami acquires 19 pc stake in D2C nutrition firm Tru Native F&B Manipal Health Enterprises closes in on AMRI buy PVR, Cinepolis India in advanced merger talks CAMS acquires majority stake in Fintuple mCaffeine raises up to $20 million Adani Properties leads race to buy HDIL Bajaj Hindusthan Board gives in-principle nod for capital restructuring Reliance to invest ₹1,670 cr in Sanmina’s India unit for JV Reliance keen on buying Future Retail assets at agreed price NCLT allows withdrawal of insolvency proceedings against Nirmal Lifestyle Lenders seek better offer for Sintex from RIL-ACRE Reliance Retail acquires majority stake in designer brand Abraham & Thakore IIFL AMC fund acquires minority stake in OmniActive Health Technologies Adani Group set to pick up minority stake in Raghav Bahl’s Quintillion Business Media Student loan fintech Kuhoo raises $20 million from West Bridge Capital No Sebi, debenture holders don’t need a say in M&As Mankind Pharma to acquire Panacea’s formulation brands for India, Nepal Mahindra Logistics acquires Whizzard PGInvIT investment manager board approves investment worth Rs 644 cr for acquisitions NCLT allows Future Retail to convene meetings to approve the sale of its retail assets to Reliance Indiamart acquires 26% stake in Realbooks for ₹13.75 crore Govt extends HLL Lifecare bid submission deadline till March 14 Fintech Perfios raises $70 mn, joins unicorn club RIL, Adani Power among companies bidding for Lanco Amarkantak Bharat Forge acquires JS Auto to expand industrial portfolio, reach in South India Haldia Petro to acquire Coastal Oil & Gas Infra under bankruptcy route Adani Enterprises divests stake in DC Development Hyderabad, NDCL Bharti Airtel acquires strategic stake in blockchain technology startup Aqilliz SC asks Amazon, FRL to seek quick resolution from NCLAT Servify Acquires 247around, an At-Home Service Platform Deutsche Moves to block ArcelorMittal’s takeover of Uttam Galva Zee asks NCLT to dismiss IndusInd’s insolvency plea CCI seeks more information, likely delaying PayU’s acquisition of Billdesk Crompton Greaves Consumer to acquire controlling stake in Butterfly Gandhimathi Appliances Byju’s-owned upskilling platform Great Learning buys recruitment firm Superset Religare Finvest lenders to move RBI for insolvency Qyuki in talks with Dailyhunt, Saregama for majority stake sale Nepean Capital acquires 50% stake in Maddock Films ICICI Bank buys 9.49% stake in Verve Financial Services Happilo raises $25 million from Motilal Oswal Private Equity MX Takatak to merge with ShareChat’s Moj to create India’s largest short video platform RenewBuy acquires fintech firm Artivatic.AI JMC Projects to merge into parent Kalpataru Power Transmission as companies eye larger EPC projects Sintex lenders to decide on resolution next week Online grocery seller BigBasket acquires Kerala startup Agrima Infotech Hemant Kanoria moves NCLT for setting aside KPMG audit at SREI Mankind Pharma to acquire Combihale and Daffy brands from Dr Reddy’s Laboratories SC allows Future Retail to approach Delhi HC on Reliance Retail merger Govt set to launch IDBI Bank sale process next week CredAvenue acquires majority stake in Spocto Solutions Lords Automative ties up with state-owned firm to make EVs in Kerala Reliance completes acquisition of 40% stake in Sterling & Wilson Solar Spinny acquires AI-powered car connectivity startup Scouto CredAvenue partners Infosys Finacle for co-lending solutions Ola eyes NBFC acquisition to expand financial services business: Report ShareChat seals strategic merger with MX Taka Tak Govt weighs 5% stake sale in LIC IPO, no fresh stock to be issued: Report Tata Steel arm accepts letter of award to acquire NINL; buyout process may complete in 2 months We have no plans to merge Vedanta Limited with parent company: Anil Agarwal India’s ShareChat to acquire local rival MX’s short-video app – sources Competition Commission approves deal for acquisition of athenahealth Group Pine Labs sharpens focus on online merchants with Qfix acquisition Bankruptcy court temporarily stays auction of Gujarat-based Sterling Biotech Vedanta drops restructuring plan, board finds present structure ‘optimal’ Adani, Jindal Power join race to buy Videocon’s consumer durable business KFintech acquires Hexagram to expand into fund accounting, reconciliation solutions Swiggy is in talks to acquire table booking app Dineout Re-bid for non-core PSU telco assets soon Aurum PropTech to acquire 53% stake in co-living platform Grexter Housing Solutions Minda Industries raising stake in subsidiary firm Minda Kosei Aluminum Wheels to 77.35% NCLT okays Taguda’s revival plan for Ushdev International Airtel Payments Bank partners ICICI Lombard for cyber insurance Ashneer Grover in talks to sell his 9.5% stake in BharatPe Polygon Technology raises $450 mn from Sequoia, Tiger Global, SoftBank, others GSEC Limited and Rakesh Shah consortium win bid for Diamond Power Infra Sintex Industries insolvency in final stages, company receives revised bids IL&FS sells its 35% stake in WCBTRL, resolves Rs 324 cr group debt Drugmaker Cipla to buy 32.49% stake in AMP Energy Green Eleven HSBC Insurance intends to buy PNB stake in Canara HSBC OBC Life Insurance IBBI plans to reduce timelines under voluntary liquidation process Vedanta calls media report on merger with UK parent speculative, misleading CCI approves acquisition of equity in Escorts by Kubota Corporation MapmyIndia to acquire 9.9 pc stake in geospatial company Pupilmesh Insolvency proceedings: SC asks banks’ response on Future Retail’s plea Avendus acquires Spark Capital’s institutional equities business SBI, Tata Power tie up for financing solar projects Tata Steel Long Products acquires NINL for Rs 12,100 cr Airtel buys 25% stake in desi tech startup Lavelle Networks for undisclosed sum Digitisation drives surge in M&A for technology services companies What are the challenges facing Air India after acquisition by Tatas? Byju’s aims for SPAC merger agreement within a month NCLT approves APSEZ’s composite scheme to acquire Sarguja Rail Corridor What does Unilever’s restructuring plan mean for HUL? No merger talks for now, Vistara to coexist with Air India: Bhaskar Bhat, Tata SIA Airlines Reliance arm acquires 29.63% stake in SWREL PNB may pare its stake in UTI MF, life venture and ARCs Prospect Partners merges its business with CxSearch Global Partners Reliance-ACRE seeks competition panel’s nod to buy Sintex under IBC Air India takeover: Tatas saddled with older aircraft, poor cabin products NCLAT asks DHFL lenders to reconsider resolution plan on avoidable transactions valuation aspect Premier Ltd, the maker of popular Padmini cars, to be acquired by Fab Metals under insolvency process Curefoods merges with rival Maverix to create cloud-kitchen giant Supreme Court to hear Future Retail’s plea against lenders on January 31 Fintech company Kissht raises Rs 100 cr from Trifecta Capital, Northern Arc Zomato to invest in 2 tech companies, to buy stakes in Adonmo & UrbanPiper Tech JBCPL to buy probiotic and reproductive brands from Sanzyme for Rs 628 crore Uday Shankar, James Murdoch plan to pick up nearly 40% in Viacom18, Reliance to retain majority stake Future to sell 25% of Future Generali to JV partner Generali Group for Rs 1,252 crore Vedanta demerger call by March-end: Anil Agarwal DoT to raise ₹7,000 crore from TCIL stake sale in Bharti Hexa Government approves PMC Bank merger with Unity Small Finance Bank Indiamart acquires accounting platform Busy Infotech for Rs 500 crore CCI looks to ease market share disclosure norms for mergers Tube Investments to acquire 70% stake in Cellestial E-Mobility Cyient to sell stakes in units offering low returns in 2022 CCI approves GSK intra-group deal Good Glamm Group buys majority stake in Organic Harvest in all-cash deal Multiples Alternate buys into BDR Pharma, invests Rs 750 cr Suraksha group expects NCLT nod by March to acquire Jaypee Infra; gearing up to start construction NCLAT directs NCLT to decide over SREI’s plea against rights issue of Trinity Alternative Investment RIL invests ₹7,600 cr on acquisitions in first three qtrs to strengthen retail arm Omega Seiki Mobility inks strategic alliance with Bengaluru-based Sun Mobility Lenders of Sintex Industries plan Swiss challenge auction to avoid liquidation Pharma firm La Renon acquires majority stake in Enaltec Labs CCI approves deal involving three GlaxoSmithKline group entities Mumbai Angels, IIM Udaipur Incubation Center invests ₹4 Cr in Pre-Series A round in LegalKart Government unveils plan on merger of film media units Tata, Adani set to bid third time for UP Power Transco Vedanta to create $10 bln fund to bid for BPCL stake, other assets NCLAT directs Jalan-Kalrock consortium to share resolution plan details with Jet Airways’ workmen Razorpay in talks to acquire majority stake in Ezetap Mobile Social investment platform StockGro raises $32 mn led by BITKRAFT Ventures, General Catalyst, others PFC, REC may bid for stressed assets Prodapt acquires Silicon Valley-based Synophic Worldwide Lotus Herbals acquires 25% stake in D2C brand Conscious Chemist NCLAT issues stay order on insolvency proceedings against HCL Tech Neobank Fyp acquires edtech startup Edunify Indian Oil picks up IEX’s 4.93% stake in gas exchange IGX Reliance Retail gets 54% stake in Addverb Technologies for $132 m What acquisition of Datawrkz & Planet Superheroes means for Nazara Twin Star Technologies moves SC against NCLAT stay in Videocon case Devas-Antrix deal: All you need to know ArcelorMittal India-linked firm leads race to acquire Indian Steel Corp Govt extends Shipping Corporation’s bid deadline indefinitely Farm tech platform DeHaat acquires agri-input marketplace Helicrofter ZingHR raises $10 million from Tata Capital Funds PMC Bank merger with Unity Small Finance Bank awaits govt approval Eclerx to remain aggressive about acquisitions Hero invests Rs 420 cr in Ather Energy, to unveil its first EV in March Shiprocket acquires B2B logistics aggregator Rocketbox Flipkart group acquires electronics recommerce platform Yaantra for $40 million Videocon Industries lenders to vote on restarting the corporate insolvency process IBC may come up in Budget session for faster resolution, cross-border norms Vedanta is willing to spend as much as $12 bn to acquire BPCL Jhunjhunwala-backed Nazara Tech’s unit acquires 100% stake in Planet Superheroes Tata Power seeks UP Transco sale via Swiss challenge method Coffee Day Enterprises promoted Sical Logistics received four firm bids under insolvency proceedings Govt puts divestment of CEL on hold Curefoods raises $62 mn from Iron Pillar, Binny Bansal, others NCLAT disposes of DoT petition against Videocon resolution plan DMI Finance raises $47 million from Sumitomo Mitsui Trust Bank, others Federal Bank to divest its stake in Fedfina Govt to pick up 9.5% stake in Tata Teleservices subsidiary AI firm Fractal buys cloud and data player Neal Analytics for unknown sum Supreme Court reserves verdict on pleas of Future group companies SoftBank-backed Thrasio startup GlobalBees buys three more brands Reliance-ACRE, Welspun in final lap to buy bankrupt Sintex Industries Aurobindo Pharma taps PEs for stake sale in injectable business Reliance Industries should consider de-merger to unlock value Equitas Holdings to fully divest stake in subsidiary ETPL ahead of merger with Equitas SFB Zomato-backed Shiprocket to acquire 75% stake in Wigzo Tech Zuddl raises $13 mn from Qualcomm Ventures, AWI New York Times to buy sports site the Athletic in $550 mln deal – The Information Vedanta’s Twin Star to appeal against NCLAT order on restarting the Videocon Industries resolution plan HDFC Life completes acquisition of Exide Life; to start merger soon Shapoorji Pallonji sells 1.84 cr shares of SWREL to Reliance IndiaMART acquires 26% stake in EasyEcom, invests ₹13 cr Reliance Retail picks 25.8% stake in Dunzo for $200 million