Varun Beverages approved to invest upto 26% of equity share capital of Jager Renewables Two (a special purpose vehicle inter-alia engaged to generate & supply solar power to consumers in the state of Rajasthan) to...
Waaree Energies to acquire 64% stake in Kotson’s for Rs 192 crore
Waaree Energies on Tuesday said that its board has approved a proposal to acquire a 64 per cent equity stake in Kotson’s Pvt Ltd for a total consideration of Rs 192 crore. Kotson’s Private Limited...
CCI clears Manipal Hospitals’ proposal to acquire Sahyadri Hospitals
Competition watchdog CCI on Tuesday cleared healthcare major Manipal Hospitals’ proposal to acquire Pune-based Sahyadri Hospitals from global investor Ontario Teachers’ Pension Plan Board in a deal estimated...
Ceat completes acquisition of Camso OHT, tracks business
Tyre maker Ceat on Monday said it has completed the acquisition of Michelin Group’s Camso off-highway tyres and tracks business. The company had entered into a definitive agreement with Michelin in December last...
Star Localmart acquires Bengaluru-based DusMinute to expand footprint
Star Localmart, the retail arm of Sanjay Ghodawat Group (SGG), on Monday said it has acquired Bengaluru-based retail chain DusMinute, which operates in gated communities, for an undisclosed amount. This acquisition will...
NCLT admits Canara Bank’s insolvency plea against Supreme Infra’s Highway SPV
The National Company Law Tribunal (NCLT) has admitted Canara Bank’s insolvency plea against Supreme Best Value Kolhapur (Shiroli) Sangli Tollways Pvt Ltd, a special purpose vehicle promoted by BSE-listed Supreme...
How virtual data rooms simplify mergers and acquisitions
Mergers and acquisitions become important in fast-growing economies like India, as businesses look to expand, consolidate, or attract global investors. With deals worth nearly $85 billion recorded in 2023, India’s...
BHEL acquires technology from Defence Metallurgical Research Laboratory
Bharat Heavy Electricals (BHEL) has signed a License Agreement for Transfer of Technology (LAToT) with Defence Metallurgical Research Laboratory (DMRL), Hyderabad, a research laboratory of the Defence Research and...
NCLT admits AGS Transact for insolvency
The bankruptcy court in Mumbai has admitted AGS Transact Technologies for corporate insolvency resolution process (CIRP) on an application filed by the listed payment solution company’s operational creditor...
CCI approves acquisition of Jaiprakash Associates by Adani Group
The Competition Commission of India (CCI) on Tuesday approved the acquisition of Jaiprakash Associates by Adani Entities. In an official statement, the CCI said that the deal proposes the acquisition of up to 100 per...
Jana Small Finance Bank set to merge investment and financial holding firms
Jana Small Finance Bank has initiated a process to merge its non-operative financial holding company into core investment company to create a leaner structure even as the bank is awaiting Reserve Bank of India’s...
Imagicaaworld to acquire Malpani Parks Ahmedabad for ₹75 crore
Imagicaaworld Entertainment has announced plans to acquire Malpani Parks Ahmedabad Private Limited (MPAPL), a promoter-owned entity, in a deal valued at up to ₹75 crore. The company’s board approved the acquisition on...
