Cloudnine Hospitals, one of India’s leading maternity and paediatric care chains, is in advanced talks to acquire Apollo Cradle and Children’s Hospital (ACCHL) in a potential deal valued at about ₹1,500...
JTL Industries gains 6% after NCLT approves acquisition of RCI Industries
JTL Industries shares jumped 6.2 per cent on BSE, logging an intra-day high at ₹72.2 per share. At 12 PM, JTL Industries’ share price was up 1.75 per cent on BSE at ₹69.12 per share. In comparison, the BSE Sensex...
NDR InvIT Trust acquires MLG Warehousing at ₹143.9 crore valuation
NSE-listed NDR InvIT Trust on Monday announced the acquisition of MLG Warehousing and Industrial Park in Lucknow, Uttar Pradesh, valued at Rs 143.9 crore. The Grade-A warehousing asset spans approximately 4.63 lakh sq...
NCLT extends Punj Lloyd’s liquidation by 6 months
The insolvency tribunal NCLT has extended the deadline to complete the liquidation process of engineering and construction firm Punj Lloyd by six months to March 12, 2026. The NCLT has granted an extension after...
UST Expands Core Banking Capabilities with the Acquisition of Modus Information Systems
UST, a leading AI and technology transformation solutions company, has acquired Modus Information Systems Private Limited (Modus) in a strategic move that will strengthen UST’s position in the financial sector...
Etailer Flipkart offloads Rs 2.4k crore investments to focus on core and IPO
Flipkart has exited stakes worth over Rs 2,408.7 crore in multiple startups and companies over the past year as the ecommerce giant sharpens its focus on its core business and prepares for a 2026 IPO. Off the books:...
Jindal Power buys Apraava Energy’s Jhajjar power plant
Naveen Jindal-owned Jindal Power Ltd (JPL) has signed an agreement to acquire the 1,350 MW Jhajjar Power Project in Haryana from Apraava Energy (formerly CLP India), marking one of the largest thermal power deals in...
HSBC to acquire Hang Seng unit for nearly $14 billion in Hong Kong bet
HSBC Holdings Plc proposed taking its troubled Hong Kong subsidiary Hang Seng Bank Ltd. private in a deal representing a major bet on the Chinese financial hub. The British lender’s shares plunged. London-based HSBC...
Mahindra Group weighs major restructuring; may spin off tractors, PVs & trucks into separate entities
Mahindra Group is evaluating the separation of its core businesses — tractors, passenger vehicles (including EVs), and trucks — into independent entities, in what could mark the conglomerate’s most significant...
Bankruptcy court approves KGS Sugar & Infra Corporation’s acquisition by Grainotch Industries
The National Company Law Tribunal (NCLT) has approved KGS Sugar & Infra Corporation’s acquisition by edible oil and spirit maker Grainotch Industries Ltd. Nashik-based KGS Sugar Infra Corporation has admitted...
ASG Eye Hospitals to merge with Sharp Sight in Rs 450 crore deal; PE-backed chain targets IPO
ASG Eye Hospitals, backed by private equity firms General Atlantic and Kedaara Capital, has signed a Rs 450 crore non-binding merger deal with Sharp Sight Eye Hospitals, said people familiar with the matter. The deal...
Government confident of completing IDBI Bank stake sale this fiscal year
The Indian government is confident of completing the stake sale in IDBI Bank before the end of the current financial year, according to Financial Services Secretary M. Nagaraju. Speaking on the sidelines of the Global...
