The Board of Ramkrishna Forgings at its meeting held on 24 July 2024 has approved acquisition of an existing company, Resortes Libertad S.A. DE. C.V. in Mexico and approved the appointment of Chaitanya Jalan and Lalit...
Keppel buys office asset in Chennai for ₹2,100 cr
Singapore-based global asset manager and operator Keppel has acquired One Paramount 1 tech park in Chennai for about ₹2,100 crore, said three people aware of the deal. The prime office asset is jointly owned by realty...
Reliance-Disney $8.5 billion merger faces scrutiny, CCI sends 100 antitrust queries
The Competition Commission of India (CCI) has sent nearly 100 queries to Reliance Industries and Walt Disney regarding their $8.5 billion merger of Indian media assets, Reuters reported on Monday quoting two anonymous...
ONGC acquires Equinor stake in Azerbaijan oilfields for USD 60 mn
ONGC Videsh Ltd, the overseas investment arm of state-owned Oil and Natural Gas Corporation (ONGC), has acquired Norwegian firm Equinor’s stake in an Azerbaijan oilfield and an associated pipeline for USD 60...
Amazon in talks with Swiggy for buying Instamart business
E-commerce giant Amazon has approached Swiggy and shown interest in the company’s quick commerce business Instamart, says a report in the Economic Times, citing 3 sources aware of the matter. However, there is no...
Japan’s Shinryo to acquire GMP Technical Solutions
Shinryo Corporation, a $1.7 billion Japanese Group will acquire GMP Technical Solutions Private Limited – India’s 2nd largest player in Cleanroom business, owned by Vascon Engineers Limited, said a company release...
Hinduja Tech to acquire Tecosim Group for 21 mn euros
Hinduja Tech Ltd, a subsidiary of commercial vehicle maker Ashok Leyland, on Wednesday said it has signed a definitive agreement to acquire Germany-based Tecosim Group for 21 million euros (about Rs 190 crore). This...
Zensar Technologies acquires BridgeView Life Sciences in $25 million deal, eyes more acquisitions
Zensar Technologies Ltd is set to acquire BridgeView Life Sciences, an American information technology (IT) and operations services firm, in an all-cash deal valued at $14 million, the company said on Wednesday. An...
TA Associates leads $400-M investment in Vastu Housing
Private equity firm TA Associates Thursday said it has led the acquisition of a significant minority stake in Vastu Housing Finance Corp, a pan-India diversified lending institution. TA Associates bought the stake along...
YES Bank’s $5 billion stake said to attract lenders from the Middle East, Japan
First Abu Dhabi Bank PJSC is among potential suitors for a roughly $5 billion stake in India’s Yes Bank Ltd., according to people with knowledge of the matter. The Middle Eastern lender is weighing a bid for as much as...
Biotech firm Vyome Therapeutics to go public via reverse merger with Nasdaq-listed Reshape Lifesciences
Delhi-based biotech firm Vyome Therapeutics is set to go public in the US through a three-part transaction, including a reverse merger with California-based Reshape Lifesciences, according to statements issued by the...
PVR Inox inks strategic partnership with Amazon Pay
Cinema exhibitor PVR Inox has inked a strategic partnership with Amazon Pay to enhance the payment experience for moviegoers across India. This collaboration will enable millions of consumers to make safe, fast, and...
