TVS Venu Group Thursday said it has signed definitive agreements to acquire the asset management business of PGIM India Asset Management from Prudential Financial. The transaction will see TVS Venu Group, through TVS...
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RBI clears Emirates NBD to acquire up to 74% stake in RBL Bank; lender to become foreign bank post acquisition
Indian banking regulator the Reserve Bank of India (RBI) has granted approval to Emirates NBD Bank (P.J.S.C) to acquire up to 74% stake in RBL Bank, marking a potential shift in ownership and strategic direction. The...
Dhan in talks to acquire Elevation Capital-backed Infinyte Club in cash and equity deal
Stock trading platform Dhan is in talks to acquire wealthtech startup Infinyte Club for around $10 million in a mix of cash and equity, according to people in the know. Founded in 2023 by Ankita Tandon and Joylita...
Franklin Templeton to acquire CoinFund spinoff to expand crypto push
Investment manager Franklin Templeton said on Wednesday it had agreed to acquire cryptocurrency investment unit 250 Digital, spun out of venture firm CoinFund, as it steps up its expansion into digital assets. The...
RBL Bank gets RBI nod for Emirates NBD stake buy; Sebi approval awaited
Private sector lender RBL Bank has received the Reserve Bank of India’s approval for its proposed deal with Emirates NBD Bank, according to sources familiar with the matter. Approval from market regulator Sebi is also...
Inox Clean Energy completes Rs 5,000-crore acquisition of Vibrant Energy
Inox Clean Energy on Wednesday said it has completed the acquisition of Vibrant Energy from Macquarie Corporate Holdings Pty Limited and other shareholders at an enterprise value of Rs 5,000 crore. The acquisition has...
ITC acquires Sproutlife ‘Yoga Bar’
ITC announced that the company with effect from today i.e., 1 April 2026 has acquired the right to nominate the majority of the Directors on the Board of Sproutlife. Consequently, Sproutlife has become a subsidiary of...
Vedanta extends demerger deadline to June 30
Vedanta Ltd on Tuesday said it has extended the deadline for its proposed demerger to June 30, as approvals from certain government authorities remain pending and are still being processed. “Since certain...
Vedanta tells Supreme Court its revised Jaypee bid tops Adani offer
Mining billionaire Anil Agarwal’s Vedanta Ltd has told the Supreme Court that its tweaked bid for the bankrupt Jaiprakash Associates Ltd was rejected despite being better than Adani Group’s offer. In its...
Valor Estate to acquire 100% stake in Radius Estates for Rs 383 crore
Valor Estate said that its wholly owned subsidiary MIG (Bandra) Realtors has entered into an agreement with Adani Goodhomes for acquiring entire equity share capital of Radius Estates and Developers for Rs 383 crore...
Burmans raise stake in Religare to 30% via open market purchases
The Burman family has increased their stake in Religare Enterprises to about 30% in the past month through open market purchases following a restructuring announcement by the company in mid-February, as per multiple...
Vedanta moves Supreme Court seeking stay on Adani’s JAL resolution plan
Anil Agarwal-owned Vedanta has moved the Supreme Court, seeking stay on the Adani Group’s ₹14,500-crore debt resolution plan for now insolvent Jaiprakash Associates (JAL). Challenging the rejection of its revised...
