The Competition Commission of India (CCI) on Friday granted its approval for the proposed merger between insurtech firms InsuranceDekho and RenewBuy. According to the CCI release, “CCI approves the proposed merger of...
BirlaNu acquires Clean Coats for ₹120 crore to strengthen portfolio
BirlaNu, part of the C K A Birla Group, will acquire Mumbai-based Clean Coats Private Limited for Rs 120 crore, the company said in a statement on Friday. An agreement to this effect has been signed between the parties...
TVS Motor to sell stake in Rapido for Rs 288 cr
TVS Motor Company on Thursday announced that it has entered into agreements to divest its stake in bike-taxi aggregator Rapido for Rs 287.93 crore. The two- and three-wheeler manufacturer has signed agreements with...
Apollo Hospitals eyes Q4 FY27 listing for HealthCo amid major restructuring
Apollo Hospitals, the largest pan-India hospital chain by revenue, is on track to list Apollo HealthCo by the fourth quarter of next financial year, an outcome of a multi-layered restructuring plan, said its group chief...
UpGrad in talks to acquire Unacademy in $300–400 million deal: Report
Edtech major UpGrad is in talks to acquire Unacademy in a deal that could value the test-prep platform at $300–400 million ( ₹2,800–3,500 crore), Moneycontrol reported citing people familiar with the matter. “The two...
JSW Paints to raise ₹3,300cr to fund AkzoNobel India buy
JSW Paints plans to raise ₹3,300 crore on Friday through non-convertible debentures to help finance its planned acquisition of AkzoNobel India, according to people familiar with the matter. The bond issue is part of a...
RateGain completes acquisition of Sojern
RateGain Travel Technologies announced the completion of its acquisition of Sojern, the leading AI-powered marketing platform built for hospitality. The transaction brings together two complementary forces in travel...
Mahindra and Mahindra sells entire stake in RBL Bank for ₹678 crore
Mahindra and Mahindra (M&M) has sold its entire stake in lender RBL Bank for ₹678 crore, the automaker said in an exchange filing on Thursday, November 6. The sale comes days after the lender announced Emirates...
A91 Partners acquires 25% stake in Spacewood Furnishers for ₹300 crore
A91 Partners has invested ₹300 crore for a 25% stake in Nagpur-based Spacewood Furnishers, a modular furniture manufacturer, marking the private equity firm’s latest bet in the consumer manufacturing segment. The deal...
Bharti Airtel board approves acquiring 5 pc additional stake in Indus Towers
Bharti Airtel on Monday said its board has approved the acquisition of a 5 per cent additional stake in its telecom infrastructure subsidiary Indus Towers. Bharti Airtel holds a 51.03 per cent stake in Indus Towers as...
Cipla to fully acquire Inzpera Healthscience
Drug maker Cipla on Monday said it has inked a pact to fully acquire Inzpera Healthscience for around Rs 111 crore. The drug maker has entered into definitive agreements to acquire 100 per cent stake in Inzpera...
IMFA to buy Tata Steel’s Kalinganagar ferrochrome plant in Rs 610 crore deal
Indian Metals & Ferro Alloys (IMFA) on Tuesday said it is acquiring Tata Steel Limited’s ferrochrome plant in Kalinganagar, Odisha, for ₹610 crore, after which it will become India’s largest and the...
