Dharana Capital has acquired a 12-14% stake in residential community management platform Mygate for about ₹225 crore, backing the startup’s plans to expand its presence across India and broaden its product...
National News
Gujjubhai Industries Completes Strategic Merger to Unlock Shareholder Value, Promoter Holding Rises to 63.75%
Gujjubhai Industries Limited (BSE: 532070), formerly known as Sumuka Agro Industries Limited, has successfully completed the merger of Gujjubhai Foods Private Limited with the Company, creating an integrated platform...
Motilal Oswal Financial jumps after HDFC Life Insurance buys stake via block deal
Motilal Oswal Financial Services rose 4.02% to Rs 853.65 after HDFC Life Insurance Company acquired a 0.30% stake in the company through a block deal on Monday, 8 June 2026. According to NSE block deal data, HDFC Life...
Govt to sell up to 3% stake in NLC India via OFS at ₹303 per share
The Centre on Monday launched an offer for sale (OFS) of a 2% base stake in state-run NLC India Ltd (formerly Neyveli Lignite Corporation), with a 1% greenshoe option in the event of oversubscription, as it seeks to...
Incuspaze eyes Rs 100 cr from iKeva buy
Managed workspace provider Incuspaze is likely to get nearly Rs 100 crore annual revenue boost with its latest acquisition of iKeva. iKeva has a portfolio of 18 workspace centres covering 500,000 sq ft across Hyderabad...
Evonith Steel acquires Indrajit Power in Maharashtra for Rs 232 cr
Evonith Steel on Friday announced the acquisition of Indrajit Power Pvt Ltd (IPPL) through an insolvency process for Rs 232 crore. The acquisition of 85 MW thermal asset will support its power requirements, Evonith...
Ixigo acquires majority stake in hotels brand Brevistay for Rs 66 crore
Gurugram-based online travel platform Ixigo has acquired a 55% stake in hotel-booking brand Brevistay for Rs 66 crore, the company said in a statement on Friday. Ixigo, which went public in 2024, said it may increase...
Inox Clean Energy buys Vena’s India energy business for Rs 6,000 crore
Inox Clean Energy, the renewable energy platform of the INOXGFL Group, said on Thursday it has signed a definitive agreement to acquire Vena Energy India’s 6 GW renewable energy portfolio. Financial terms of the...
Scripbox acquires wealth manager Bluechip Capital to expand offerings
Bengaluru-based wealth management startup Scripbox has acquired New Delhi-based wealth management firm Bluechip Capital, the company said in a note on Monday. The acquisition will help Scripbox expand its client base...
Axis Bank hikes stake in Axis Max Life Insurance to 19.9%
Private lender Axis Bank on Monday said it has raised its stake in Axis Max Life Insurance Company to 19.9 per cent. Based on approval granted by the Acquisitions, Divestments and Merger Committee of the board of...
Clayfin Expands into Voice AI Capabilities with Strategic Acquisition of Louie Voice
Clayfin, a leading provider of digital banking and customer experience solutions for financial institutions, today announced the strategic acquisition of Louie Voice, an innovative voice banking platform focused on...
Board of Hindware Home Innovation approves acquisition of balance stake in Hintastica
The board of Hindware Home Innovation at its meeting held on 03 June 2026 has approved to acquire balance shareholding in Hintastica (joint venture) from Atlantic (joint venture partner). Atlantic, which currently holds...
