Premji Invest is set to pick up a 23% stake in JS Auto Cast Foundry India Pvt. Ltd, a unit of Bharat Forge, for ₹300 crore, as per stock exchange disclosures made by the Baba Kalyani-backed firm. The transaction is...
Groww among bidders for Prudential’s India asset management firm
Prudential Financial’s India asset manager has received offers from at least two local bidders, according to people with knowledge of the matter. State Street Investment Management-backed Groww Asset Management...
Aditya Birla Group among top 4 in Sprng Energy race
Aditya Birla Group has joined National Investment and Infrastructure Fund (NIIF), KKR and Sembcorp in the race to acquire renewable energy platform Sprng Energy from the UK-headquartered Shell, multiple people in the...
Government sets February 5 deadline for financial bids for IDBI, sources say
India’s federal government has set a February 5 deadline for financial bids for IDBI Bank as it looks to divest a majority of its holding in the lender, according to two sources familiar with the matter. The...
NATCO Pharma Asia acquires 49% stake in PT NATCO Lotus Farma
NATCO Pharma Asia, a wholly-owned subsidiary (WOS) of Natco Pharma (NATCO) incorporated in Singapore, has acquired 49% of the shareholding in PT NATCO Lotus Farma from PT Lotus Farma Indonesia. NATCO already owns 51% of...
Tata Consumer, Danone India deal talks stall over ‘strategic’ issues
Tata Consumer Products’ (TCPL) proposed acquisition of Danone India has hit a roadblock with negotiations stalling after it failed to align with TCPL’s strategic expectations, derailing a deal that was...
Coforge sweetens India’s largest IT deal after shareholder pushback
Coforge Ltd’s public shareholders rejected the firm’s decision to give private equity giant Advent International the right to nominate members on the board’s audit, nomination, and remuneration panels, forcing the Noida...
ONGC to offload stake in petchem arm OPal, eyes global investors
State-run Oil and Natural Gas Corp. plans to come up with a global tender for selling stake in its petrochemical subsidiary, according to a top executive. ONGC Petro additions (OPaL) has “become our subsidiary, and we...
Reliance, Capri Global to acquire Mumbai’s SevenHills Hospital
Reliance Industries, in partnership with Capri Global Holdings, is set to acquire Mumbai’s 1,500-bed Sevenhills Hospital following a corporate insolvency resolution plan, ending an eight-year impasse. Jupiter Lifeline...
AGI Greenpac approves acquisition of 19.75% stake in Madoverbuilding AI
The board of AGI Greenpac at its meeting held on 28 January 2026 has approved the acquisition of 19.75% instead of 25% of the paid-up share capital of Madoverbuilding AI. MOB AI is in the business of building E-commerce...
Waaree Renewable Technologies shares in focus after approval to acquire 55% stake in ASPL for Rs 1,225 cro
Shares of Waaree Renewable Technologies are expected to remain in focus on Tuesday, January 27, after the company announced plans to acquire a 55% stake in Associated Power Structures Limited (ASPL), marking a key move...
Vedanta to sell up to 1.59% stake in Hindustan Zinc via OFS; sets floor price at Rs 685 per share
Vedanta Limited on Tuesday approved the sale of up to 1.59% stake representing up to 6.7 crore equity shares in its subsidiary Hindustan Zinc Limited (HZL) by way of an offer for sale (OFS). Vedanta has set the floor...
