Realty developer Lodha, listed as Macrotech Developers, has entered into agreements for acquisition of the stake held by Bain Capital in its three different joint entities under the Digital Infrastructure Platform for...
NTPC, ONGC may join hands to acquire Ayana
NTPC Ltd may join ONGC as an equal partner in the latter’s bid to acquire Ayana Renewable Power, according to the people with knowledge of the matter. Oil and Natural Gas Corporation (ONGC) has emerged as the...
OmniActive Health acquires botanical ingredients company ENovate Biolife
OmniActive Health Technologies, the Mumbai-based nutraceutical maker backed by PE firm TA Associates on Thursday said it has acquired ENovate Biolife, a developer of proprietary, clinically researched botanical...
Bharti Telecom hikes stake in Airtel to 40.33%
Bharti Telecom Ltd (BTL), the key promoter company of Bharti Airtel, has increased its stake in the Sunil Mittal-led telco to 40.33% by acquiring an additional 1.2% from another Airtel promoter group entity, Indian...
ICICI Lombard buys stake worth ₹563 crore in ITC and Axis Bank
ICICI Lombard General Insurance Company Ltd has announced a major investment, acquiring shares worth ₹563 crore in ITC Limited and Axis Bank Limited. This transaction was completed during market hours on November 6...
L&T to acquire 21% stake in AI cloud provider E2E Networks
Larsen & Toubro is buying a 21% stake in E2E Networks, an artificial intelligence (AI) cloud provider, in a Rs 1,327-crore all-cash transaction. In a two-part deal, L&T proposes to acquire a total of 4.17...
Crystal Crop acquires I&B Seeds to expand vegetable, flower seed business
Agrochemical firm Crystal Crop Protection on Monday said it has acquired Bengaluru-based I&B Seeds as it seeks to strengthen its position in India’s vegetable and flower-seed segment. “The deal has been...
Hinduja Group needs DPIIT nod, too, for Reliance Capital buy
Anil Ambani-promoted Reliance Capital’s winning bidder Hinduja Group received central bank approval to acquire the financial services company, but the transaction cannot proceed until it is approved by the DPIIT...
Hero Electronix, backed by Suman Kant Munjal, plans to sell 30% stake in chip design firm Tessolve
Hero Electronix, backed by Suman Kant Munjal, is planning to sell a 25-30% stake in Bengaluru-based semiconductor design and engineering company Tessolve, cashing in on the growing investor appetite in the space, said...
Board of BLS E-Services approves amendments in agreement for acquisition of Aadifidelis Solutions
The Board of BLS E-Services at its meeting held on 04 November 2024 has approved the amendment in Share Subscription and Purchase Agreement w.r.t. to acquisition of equity shares of Aadifidelis Solutions and its...
NCLAT issues notice to Adani Power on plea contesting acquisition of Lanco Power
The National Company Law Appellate Tribunal (NCLAT) issued a notice to Adani Power Ltd on Monday in response to a plea challenging its approved resolution plan to acquire the bankrupt Lanco Amarkantak Power Limited...
Yatharth Hospital to acquire 60% stake in Faridabad-based facility
Yatharth Hospital and Trauma Care Services said its board has approved the acquisition of 60 per cent stake in a Faridabad-based hospital, which is yet to commence operations, at an enterprise value of Rs 152 crore. The...
