Appellate tribunal NCLAT has rejected Equitas Small Finance Bank’s appeal to initiate insolvency proceedings against Jumbo Finvest, upholding a National Company Law Tribunal order in the matter. Earlier, the...
Culver Max insolvency plea against fintech firm: NCLAT quashes NCLT order, directs fresh hearing
In a relief to Culver Max Entertainment (formerly known as Sony Pictures Network India), appellate Tribunal NCLAT has set aside an NCLT order rejecting the insolvency plea filed by the broadcaster against an Odisha...
India’s tech M&As on a three-year high with deal value touching $29 billion
India’s technology mergers and acquisitions hit a three-year high in 2025, with total deal value expected at $26-29 billion, up 30% from $20 billion in 2024, exclusive data shared by EY showed. Deal activity has...
Arvind Fashions to acquire balance stake in Arvind Youth Brands
Arvind Fashions has entered into a Share Purchase Agreement (SPA) with Flipkart India (seller) to acquire the seller’s entire shareholding i.e. 31.25% on a fully diluted basis in Arvind Youth Brands (subsidiary of...
JBM Group signs exclusivity pact to buy Fortum’s EV charging business in India
Gurugram-headquartered JBM Group has signed an exclusivity agreement to acquire a majority stake in GLIDA, the Indian electric vehicle (EV) charging network of Finnish state-run energy utility Fortum Oyj, two people...
PNB invites bids from ARCs for stressed assets
State-run Punjab National Bank (PNB) has invited offers from asset reconstruction companies (ARCs) to sell bad loans worth Rs 2,560 crore, including exposures of Rs 468 crore to Millennium Expressway, Rs 390 crore to...
Bhilwara Energy signs pact to acquire 76 MW hydro project in Uttarakhand
Diversified LNJ Bhilwara Group on Thursday said it has signed an agreement to acquire a 100 per cent stake in Mandakini Jal Urja, which is constructing a 76 MW hydro project in Uttarakhand, for an undisclosed amount...
Jupiter Hospital, Reliance-backed co in race for Mumbai SevenHills
A Reliance Industries-backed company and Jupiter Hospital are in the fray to acquire the unlisted SevenHills Healthcare, people with knowledge of the matter told ET. The target is a 1,500-bed hospital embroiled in a...
Lloyds Engineering Works approves amendment to SPA for acquisition of Techno Industries
The board of Lloyds Engineering Works at its meeting held on 26 December 2025 has approved the ‘Amendment’ to Share Purchase Agreement for acquisition of remaining 12% stake in Techno Industries (TIPL) i.e...
JK Tyre completes Cavendish Industries merger, boosting capacity and product portfolio
JK Tyre & Industries on Tuesday announced the completion of the merger of Cavendish Industries Ltd. (Cavendish), its subsidiary, with JK Tyre & Industries Ltd. Cavendish was acquired by JK Tyre in 2016 from...
Tata Steel plan to buy BlueScope gets CCI nod
The Competition Commission of India said Tuesday it has approved Tata Steel Ltd’s proposed acquisition of sole control in Tata BlueScope Steel Pvt Ltd by purchasing the remaining 50% equity shareholding currently...
Adani’s Ambuja Cements approves merger of ACC and Orient Cement; to create pan-India cement giant
Ambuja Cements Ltd, part of the Adani Group, on Monday said its board has approved separate schemes of amalgamation to merge ACC Ltd and Orient Cement Ltd into Ambuja, a move aimed at creating a single, consolidated...
