Realty firm Prestige Estates Projects Ltd has acquired 50 per cent stake in Advent Convention and Hotels International Ltd for Rs 504 crore as parts of its expansion plan. Bengaluru-based Prestige Estates has entered...
National News
NCLT order pertains only to 4.26% share transfer, not acquisition of Entertainment City
The National Company Law Tribunal (NCLT) has directed the registration of transfer of 59,30,304 equity shares, constituting only 4.26% of the issued share capital of Entertainment City Limited, purportedly transferred...
Saints & Masters Acquires Xencia, Targets ₹1,000-Crore Revenue from Microsoft Cloud Business
Saints & Masters (S & M), a leading global technology advisory and execution firm with a strong focus on cloud services and AI-led innovation, has acquired the entire stake in the Bengaluru-based cloud and AI...
TPG partners ICICI Bank, GIC to acquire Aseem Infra Finance from NIIF
Global private equity firm TPG on Monday announced it will buy 100 per cent stake in Aseem Infrastructure Finance from NIIF and others for an undisclosed sum. TPG said it has partnered with Singapore’s GIC and...
Govt to sell 5% stake in Cochin Shipyard at ₹1,400 per share via OFS
The government will sell up to 5 per cent stake in Cochin Shipyard at a floor price of Rs 1,400 per share through an offer for sale beginning Tuesday. The “government announces offer for sale in Cochin Shipyard...
Baskin Robbins’ operator keen on Dunkin’ India ops
Baskin Robbins’ operator Graviss Group is in talks to acquire the India rights for donut-and-coffee chain Dunkin’ from the latter’s global parent Inspire Brands, said people aware of the development...
Inspira seals Rs 1,800-crore private credit for Burger King buy in India
Inspira Global, a closely held food business of the Ajanta Pharma promoters, has lined up ₹1,800 crore in private credit financing, including ₹1,050 crore from 360 One, to fund its acquisition of a controlling stake in...
Bhutani Group gets NCLT approval to take over Noida’s Entertainment City
The National Company Law Tribunal (NCLT) has paved the way for the NCR-based Bhutani Group to take over Entertainment City, which operates The Great India Place, Gardens Galleria Mall, Worlds of Wonder amusement park...
BLS E-Services acquires Atyati Technologies for ₹157 cr in an all-cash deal
BLS E-Services on Friday announced the acquisition of a 100 per cent stake in Atyati Technologies, a Bengaluru-based AI-powered banking technology company, for about Rs 157 crore in an all-cash transaction. BLS E...
Adar Poonawalla Family Office invests Rs 700 crore in Inox Clean
Inox Clean Energy Limited on Thursday announced that Adar Poonawalla Family Office namely, Rising Sun Holdings Pvt. Ltd has invested Rs 700 crore into the renewable energy platform at a valuation of Rs 70,000 crore. The...
NCLT dismisses Unity Small Finance Bank’s insolvency plea against Awas Developers over default date
The Mumbai bench of the National Company Law Tribunal (NCLT) has dismissed an insolvency petition filed by Unity Small Finance Bank against Awas Developers and Constructions Pvt Ltd, holding that the lender failed to...
ICICI Prudential Mutual Fund raises stake to 5.24% in Container Corporation of India
ICICI Prudential Mutual Fund has increased its stake in Container Corporation of India Ltd (CONCOR) after acquiring 44,06,207 equity shares through open market transactions on 30 June 2026, according to the exchange...
