Billionaire Anil Agarwal-led Vedanta Ltd told the bankruptcy tribunal that the bidding process in the Jaiprakash Associates Ltd insolvency case was “tailor-made” by lenders to favour the Adani Group. Vedanta’s counsel...
National News
Cycle Pure buys stake in Satvik to spark digital growth in India’s $35 billion spiritual products market
Cycle Pure Agarbatti is sharpening its push into digital channels and associated product categories as it looks to evolve beyond its traditional incense business. As part of this strategy, the company has acquired a...
NCLAT upholds NCLT order on distribution of funds from a resolution plan
The National Company Law Appellate Tribunal on Wednesday rejected a joint petition filed by five banks – Indian Bank, UCO Bank, Bank of Baroda, ICICI Bank and Union Bank of India, challenging the distribution of...
Bosch to acquire its vehicle motion business Bosh Chassis Systems India
Bosch Group’s flagship firm Bosch Limited on Wednesday said it intends to acquire 100 per cent of its vehicle motion business, Bosch Chassis Systems India, through a cash deal and issuance of equity shares on a...
JC Flowers withdraws NCLT plea against Dish TV
In a relief to Dish TV, direct-to-home service provider JC Flowers Asset Reconstruction has withdrawn its petition filed before the NCLT for convening an extraordinary general meeting of the company. The petition filed...
Cyient Semiconductor acquires Kinetic Technologies, eyes data center market
Cyient Semiconductors’ acquisition of Kinetic Technologies will give the company a chance to go after the data center market, especially around power, the company’s top executive told ET. Cyient...
JM Financial wants a deep-pocketed player to acquire Swiggy. Here’s why
Arguing that Swiggy Instamart’s current strategy risks prolonged value destruction despite a resilient food delivery franchise, domestic brokerage firm JM Financial has said that a takeover by a deeper‑pocketed...
Max Healthcare Institute approves acquisition of controlling stake in Kalinga Hospital, Bhubaneswar
The board of Max Healthcare Institute at its meeting held on 08 April 2026 has approved to enter into a share purchase agreement (SPA) for the acquisition of a controlling stake (~58.39%) in Kalinga Hospital (KHL)...
IHH Healthcare aims to hike its stake in Fortis to 50%: CEO Prem Kumar Nair
Even as legal battles continue to simmer in the background, IHH Healthcare, one of Asia’s largest hospital groups, has identified India as a key growth market, with its sights firmly set on becoming one of the...
CCI okays Torrent Power’s proposal to acquire Nabha Power from L&T’s arm
Fair trade regulator Competition Commission of India has cleared Torrent Power’s proposal to acquire 100 per cent stake in Nabha Power Ltd. The move came after Torrent Power, in February 2026, said it agreed with...
Shemaroo Entertainment acquires OHO Gujarati’s content library
Shemaroo Entertainment has acquired the entire content library of OHO Gujarati for its OTT platform ShemarooMe, marking a first-of-its-kind consolidation in the Gujarati OTT space. The deal adds over 30 original...
Govt explores options to retain 51% stake in merged PFC-REC entity
The government is looking at options, including issuance of preference shares or fresh equity, to maintain 51 per cent stake in the state-owned Power Finance Corporation post its merger with REC, a senior official said...
