DNEG’s Brahma, a subsidiary of Prime Focus, has acquired Metaphysic, a developer of AI-driven content creation technology, in a deal that values Brahma at $1.43 billion. With this acquisition, Brahma aims to develop new...
Competition Commission clears merger of two entities into Svatantra Microfin
The Competition Commission of India on Tuesday cleared a proposed combination involving the merger of Chaitanya India Fin Credit and Svatantra Holdings into Ananya Birla-led Svatantra Microfin. “The proposed...
Merger & Acquisition rules for small cos may be relaxed to ease compliance
The ministries of micro, small and medium enterprises (MSME) and corporate affairs are weighing proposals to relax merger and acquisition (M&A) rules for smaller enterprises to push them to gain scale and reduce...
JSW Energy to await CCI clearances before acquiring KSK Mahanadi Power following SC ruling
JSW Energy will wait for all regulatory clearances before committing acquisition funds for KSK Mahanadi Power and is seeking legal opinion on the subject as it awaits the anti-trust watchdog’s nod for its debt...
Valor Estate plans business realignment with non-core divestment, hospitality demerger
Realty developer Valor Estate is undertaking a realignment of its business portfolio by divesting non-core assets, hiving off its hospitality business, and improving capital allocation for high-priority projects...
Jay Kay Enterprises (JKE) Acquires Majority Stake in JK Tech to Drive AI & Gen AI Innovation
Jay Kay Enterprises (JKE), a leader in high-precision manufacturing for the Defence and Aerospace sector, including advanced digital printing capabilities, has acquired a majority stake in JK Tech, a global provider of...
Powergrid acquires Bidar Transco for Rs 6.52 cr under tariff-based bidding
Power Grid Corporation of India (Powergrid) on Tuesday said it was acquiring Bidar Transco Ltd (BTL) after being selected as a successful bidder under a tariff-based competitive bidding (TBCB). REC Power Development and...
NextLeap Acquires PM School to expand product management education in India
NextLeap, a Bengaluru-based workforce skilling platform helping professionals transition into technology roles, has acquired PM School, a product management education provider. This acquisition aims at strengthening...
360 ONE Asset to acquire 15% stake in Bharti AXA Life Insurance
360 ONE Asset today is set to acquire a 15% stake in Bharti AXA Life Insurance as part of a strategic investment and this is expected to unlock new avenues for innovation and expand Bharti AXA’s footprint in India’s...
XT Global Infotech explores strategic global acquisition opportunities
XT Global Infotech announced that the company is actively exploring strategic acquisition opportunities in Australia, Europe, and other key international markets to reinforce its global footprint and broaden its service...
Reliance Industries acquires Lakadia B Power Transmission for Rs. 6.73 crore
Reliance Industries Limited announced on Friday the acquisition of Lakadia B Power Transmission Limited (LPTL) for a consideration of Rs. 6.73 crore. Following the acquisition, Lakadia B Power Transmission has become a...
Fortis Healthcare acquires Jalandhar-based Shrimann Superspecialty Hospital for Rs 462 crore
Fortis Healthcare on Friday said it has signed definitive agreements for the acquisition of 228 bed Shrimann Superspecialty Hospital in Jalandhar, Punjab by way of a slump sale for Rs 462 crore in an all cash deal.. The...
