Mahindra & Mahindra (M&M) announced on Saturday it will acquire a majority stake of 58.96% in commercial trucks and bus maker Isuzu Limited (SML) at Rs 555 crore. M&M will buy 63.62 lakh shares of SML from...
After Sunil Mittal, Mukesh Ambani’s Reliance aims for Haier India stake
Mukesh Ambani-led Reliance Industries Ltd (RIL) has emerged as a key contender for a significant stake in the Indian operations of Chinese consumer electronics and appliance manufacturer Haier, which is seeking to...
Nokia sells stake in Vi, raises Rs 785.67 crore
Nokia Solutions and Networks India Pvt Ltd has sold off its 0.95% stake in Vodafone Idea (Vi) via a bulk deal to marquee global investment banks, including Goldman Sachs, amongst others, raising Rs 785.67 crore. As per...
Board of BASF India approved acquisition of 100% stake in BASF Agricultural Solutions India
At meeting held on 25 April 2025 The Board of Directors of BASF India at its meeting held today on 25 April 2025, has approved the Company’s acquisition of 7 fully paid equity shares having face value of Rs. 10...
Board approves merger of Arrka Infosec into Persistent Systems
The Board of Persistent Systems at its meeting held on 24 April 2025 has approved the proposal of Merger of Arrka Infosec (wholly owned subsidiary) into Persistent Systems subject to the receipt of necessary statutory...
Devyani International buys 80% in Biryani by Kilo for Rs 419 crore
Devyani International Ltd (DIL), franchise operator of KFC and Pizza Hut in India, has acquired an 80.7% percent stake in Sky Gate Hospitality, the parent company of Biryani by Kilo, it said in a stock exchange filing...
National Company Law Tribunal okays sale of 18 IL&FS units in Mumbai
The National Company Law Tribunal (NCLT) has cleared the sale of 18 commercial units at Kohinoor Square in Mumbai to the Gajra Brothers and associated parties for about ₹315 crore. The units are currently held by...
Dulux Duel: JSW Paints, Advent-Indigo in race to acquire Akzo India
Sajjan Jindal-led JSW Paints is competing with a consortium of Advent International and Indigo Paints to acquire Akzo Nobel India, the owner of Dulux Paints, from its Dutch parent Akzo Nobel NV, which is looking to exit...
Used-car seller Cars24 acquires auto forum Team-BHP
New and used car retail platform Cars24 said on Wednesday that it has acquired automotive review and discussion forum Team-BHP. Details of the deal were not disclosed. According to a statement by Cars24, Team-BHP will...
Ampivo AI acquires majority stake in B2B firm Commerce Forever Solutions
Ampivo AI, a provider of multi-modal AI solutions, has acquired a 51 per cent majority stake in Commerce Forever Solutions, a B2B e-commerce operations firm. The strategic acquisition is aimed at expanding Ampivo AI’s...
Apeejay Surrendra Park Hotels to acquire majority stake in Zillion Hotels and Resorts
Apeejay Surrendra Park Hotels has entered into binding Memorandum of Understanding today for acquisition of 90% stake of Zillion Hotels and Resorts from its existing shareholders (namely Handa Family Shareholders and...
CCI approves Kandhari Beverages proposal to acquire Coca-Cola’s bottling arm for Rs 2,000 crore
Last month, Coca-Cola said that it is selling its bottling plant in the north Gujarat region to Kandhari Global Beverages. Though the company has not shared financial details, industry insiders have pegged the deal to...
