Arguing that Swiggy Instamart’s current strategy risks prolonged value destruction despite a resilient food delivery franchise, domestic brokerage firm JM Financial has said that a takeover by a deeper‑pocketed...
Max Healthcare Institute approves acquisition of controlling stake in Kalinga Hospital, Bhubaneswar
The board of Max Healthcare Institute at its meeting held on 08 April 2026 has approved to enter into a share purchase agreement (SPA) for the acquisition of a controlling stake (~58.39%) in Kalinga Hospital (KHL)...
IHH Healthcare aims to hike its stake in Fortis to 50%: CEO Prem Kumar Nair
Even as legal battles continue to simmer in the background, IHH Healthcare, one of Asia’s largest hospital groups, has identified India as a key growth market, with its sights firmly set on becoming one of the...
CCI okays Torrent Power’s proposal to acquire Nabha Power from L&T’s arm
Fair trade regulator Competition Commission of India has cleared Torrent Power’s proposal to acquire 100 per cent stake in Nabha Power Ltd. The move came after Torrent Power, in February 2026, said it agreed with...
Shemaroo Entertainment acquires OHO Gujarati’s content library
Shemaroo Entertainment has acquired the entire content library of OHO Gujarati for its OTT platform ShemarooMe, marking a first-of-its-kind consolidation in the Gujarati OTT space. The deal adds over 30 original...
Govt explores options to retain 51% stake in merged PFC-REC entity
The government is looking at options, including issuance of preference shares or fresh equity, to maintain 51 per cent stake in the state-owned Power Finance Corporation post its merger with REC, a senior official said...
Nexus Select Trust approves Rs 347.5 cr Kolkata mall acquisition
Nexus Select Mall Management, the manager to listed Real Estate Investment Trust (REIT) Nexus Select Trust, has approved the acquisition of a retail asset in Kolkata for an enterprise value of Rs 347.5 crore, as part of...
Real estate advisory firm Savills acquires majority stake in Hotelivate
Global real estate advisory firm Savills has acquired majority stake in Hotelivate, a leading hospitality advisory firm with presence across South Asia, at an undisclosed amount. The new entity, will operate...
Centre may seek revised bids from two suitors for IDBI Bank
The government may ask for revised financial bids from two potential buyers of IDBI Bank as their original bid amounts were lower than the reserve price fixed for the strategic sale of the lender, sources said...
Prince Pipes & Fittings completes acquisition of assets of manufacturing unit in Bhuj, Gujarat
Prince Pipes & Fittings had earlier announced the Asset Purchase Agreement for a manufacturing facility in Bhuj, Gujarat on 20 March 2024, structured in two phases. The first phase included the acquisition of the...
SC refuses to interfere with order allowing Adani to acquire Jaiprakash Associates in blow to Vedanta
The Supreme Court of India on Monday refused to interfere in Gautam Adani-led Adani Enterprises’ takeover of Jaiprakash Associates, in a blow to billionaire Anil Agarwal’s Vedanta Group. Vedanta had approached the apex...
Nykaa confirms acquisition talks with Deepika Padukone’s 82°E
FSN E-Commerce Ventures, which owns beauty and fashion retailer Nykaa, confirmed that it is in talks with Deepika Padukone’s skincare brand 82°E to acquire stake in the latter, in a stock exchange filing late...
