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...
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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...
NCLAT reverses insolvency proceedings against Vatika Ltd
NCLAT has reversed the National Company Law Tribunal (NCLT) order of initiation of insolvency proceedings against Gurgaon-based real estate developer Vatika Ltd. The matter pertained to proceedings initiated under the...
Corona Remedies acquires Wokadine from DR Reddy’s Laboratories
Corona Remedies announced the acquisition of the Wokadine brand from Dr. Reddy’s Laboratories to strengthen its presence in targeted specialty segment and offer wider accessibility. The Wokadine brand is an...
CMS Info Systems acquires FSS’s ATM managed services business for Rs 115 crore
In a significant signal of consolidation in India’s ATM industry, CMS Info Systems — the country’s largest ATM and cash management company — has acquired the ATM Managed Services business of Financial...
JSW Steel says Japan’s JFE invests Rs 7,875 crore in JSW Kalinga, picks up 25% stake
JSW Steel on Monday said Japan’s JFE Steel Corporation has invested Rs 7,875 crore in its subsidiary JSW Kalinga Steel, acquiring a 25% stake and triggering joint control of the venture. The investment marks the first...
Bankruptcy court admits BSE-listed Supha Pharmachem under Insolvency Resolution Process
The bankruptcy court in Mumbai has admitted the listed pharma firm, Supha Pharmachem (formerly Remedium Lifecare), to the Corporate Insolvency Resolution Process (CIRP) and has appointed Rajesh Jhunjhunwala as the...
