Distressed car services platform GoMechanic, whose founders admitted to financial irregularities in January, has been sold to a consortium led by Delhi-based auto components manufacturer Lifelong India Pvt Ltd. Lifelong...
Reliance Industries completes Sintex Textiles acquisition
Mukesh Ambani-promoted Reliance Industries, India’s biggest company by market value, has completed its Rs 3,567-crore acquisition of textile company Sintex Industries exactly a year after banks had approved the...
Embassy REIT Acquires Embassy Business Hub in Bengaluru for Rs 334.8 crore
Embassy Office Parks REIT, India’s first listed REIT and the largest office REIT in Asia by area, has agreed to acquire Embassy Business Hub, a 1.4 million square feet (‘msf’) office property in Bengaluru, for a total...
Digital lending platform LoanTap acquires Unofin
Digital lending platform LoanTap said it has acquired Unofin, a healthcare-focused fintech startup, for an undisclosed sum. With this acquisition, LoanTap aims to leverage Unofin’s expertise in healthcare...
JSW Neo to acquire 12 SPVs of Mytrah Energy
JSW Energy on Tuesday said its subsidiary has agreed to acquire entire equity of 12 special purpose vehicles of Mytrah Energy (India) Pvt Ltd (MEIPL). In August 2022, JSW Neo Energy Ltd (JSWNEL) agreed to acquire a...
D2C Ecommerce Acquires Leading Lifestyle Electronics Brand HiLife from Hungama
D2C Ecommerce, a homegrown multi-D2C brand online platform has acquired leading lifestyle electronics brand ‘HiLife from Hungama’. Through this acquisition, D2C Ecommerce will expand its offerings in the electronics...
Adani acquires 49 pc in Quintillion Business Media for Rs 48 crore
Billionaire Gautam Adani’s AMG Media Networks has acquired about a 49 per cent stake in Raghav Bahl-curated digital business news platform Quintillion Business Media Pvt Ltd for about Rs 48 crore. In a stock...
Govt may sell Balco stake next fiscal year
More than two decades since the privatization of Bharat Aluminium Co. (Balco), the Union government is preparing to sell its remaining stake in the company in the next fiscal year, two people aware of the development...
Aditya Birla Capital to sell entire stake in ABIBL
Aditya Birla Capital Limited (ABCL), a company under the Aditya Birla Group, announced on Monday the sale of its entire stake in Aditya Birla Insurance Brokers Limited (ABIBL), which is a non-material subsidiary of the...
Medi Assist to acquire Raksha Insurance TPA in expansion push
Health insurance third-party administrator Medi Assist is set to acquire 100% stake in Raksha Insurance TPA in what could be the largest deal in third-party administrator or TPA space, its CEO Satish Gidugu told ET. The...
Adani Group, Reliance Industries pull out of race to acquire SKS Power Generation
Adani Group and Reliance Industries have not submitted revised bids for SKS Power Generation (Chhattisgarh), making it a five-way contest for the 600 MW thermal power project, people familiar with the process said...
Manipal to buy AMRI Hospitals for Rs 2,400 crore
After prolonged negotiations and court battles, Manipal Health Enterprises has acquired Kolkata-based AMRI (Advanced Medical Research Institute) Hospitals in a deal worth ₹2,400 crore, said two people aware of the...
