Inox Green Energy, part of Inox Group, will acquire Vibrant Energy, Indian renewable energy platform owned by Infrastructure investor Macquarie Asset Management, said people aware of the development. Vibrant will be...
Fortis to acquire Bengaluru’s People Tree Hospitals for Rs 430 crore
Fortis Healthcare Limited will acquire TMI Healthcare Private Limited, which runs People Tree Hospitals, a leading multispecialty hospital located in Yeshwanthpur, Bengaluru, for Rs 430 crore, the company said on...
Flipkart acquires majority stake in Minivet as part of its AI push
Ecommerce major Flipkart has acquired a majority stake in artificial intelligence and machine learning solutions startup Minivet AI, the company announced on Friday. Founded in 2024, Minivet’s generative video services...
Piramal Finance to exit Shriram Life Insurance Company
Piramal Finance is selling its entire 14.72% stake in Shriram Life Insurance Company to Sanlam Emerging Markets (Mauritius) for ₹600 crore, valuing the insurer at around ₹4,000 crore. The move is part of Piramal’s...
Edtech Physicswallah acquires additional stake in Xylem Learning
Edtech firm PhysicsWallah on Thursday said it has invested an additional Rs 122.9 crore to raise its stake in subsidiary Xylem Learning to 77.27% from 64.98%. The deal is part of a shareholder agreement of June 2023...
India to revamp M&A rules to protect retail investors, expedite deals
India’s Securities and Exchange Board (SEBI) plans to amend its merger and acquisition rules, including barring acquiring companies from offering higher prices or additional compensation to major shareholders...
Reliance Consumer acquires majority stake in Udhaiyams Agro Foods
Reliance Consumer Products (RCPL), the FMCG arm of Reliance Industries, has acquired a majority stake in Chennai-based Udhaiyams Agro Foods, maker of staples, pulses, snacks and breakfast mixes, for an undisclosed...
NCLT approves first stage of Adani Harbour and Adani Ports merger
The Ahmedabad branch of National Company Law Tribunal on Tuesday gave its nod for the first stage approval to the proposed merger of Adani Harbour Services Limited with its parent firm — Adani Ports and Special...
FocusOn Interiors Strengthens Market Position with the acquisition of Riya Enterprises
FocusOn Interiors Decorators Pvt. Ltd.- a leading name in corporate and industrial space design, announced its merger with Riya Enterprises, a company known for its exceptional project capabilities and experience across...
Wingify turns to acquisitions to fuel growth after Everstone deal
Digital experience optimization startup Wingify is increasingly turning to acquisitions to drive its next phase of growth. The move, aimed at chasing enterprise customers, signals a strategic shift following private...
Shriram Finance board meet on Friday likely to finalise MUFG deal
Vehicle financier Shriram Finance’s board of directors will meet on Friday, most likely to consider an equity stake sale to Japanese banking giant Mitsubishi UFG Financial Group (MUFG). In a late-night stock exchange...
CCI clears Coinbase’s minority stake purchase in DCX Global
Fair trade regulator CCI on Tuesday approved US-based cryptocurrency platform Coinbase’s proposal to acquire a minority stake in DCX Global Ltd. The development came after Coinbase Global in October announced that...
