Adani Group-backed Ambuja Cements has submitted a Rs 580-crore offer to acquire bankrupt Jaypee Cement Corporation. The only other bidder, My Home Group, exited the process after submitting Rs 300-crore bid, reports...
National News
Aspect Global Ventures Acquires TDIL Through NCLT Resolution Process
Aspect Global Ventures Pvt. Ltd has acquired Township Developers India Pvt. Ltd. (TDIL) through the National Company Law Tribunal (NCLT) resolution process, marking a strategic expansion of its real estate portfolio...
ATS Nobility Estates exits insolvency
The National Company Law Tribunal has allowed the withdrawal of corporate insolvency resolution proceedings against ATS Group’s Nobility Estates Private Limited, the developer of the premium residential project Le...
Aditya Birla group, KKR left in race for Sprng Energy
The Aditya Birla Group and private equity firm KKR are in a two-horse race to acquire Sprng Energy from oil giant Shell after binding financial bids were submitted by four contenders interested in acquiring the...
Dhan parent enters insurance broking with GreenLife Insurance acquisition
Raise Financial, parent of online stock broking platform Dhan, has acquired GreenLife Insurance, its third buyout in just over a year, marking its entry into insurance broking as wealthtech firms with deep pockets and...
Anant Raj to evaluate demerger of data center business, appoints Anish Sarin as director
Anant Raj Ltd has constituted a committee to evaluate potential demerger for the data center business and has appointed Anish Sarin, Grandson of Ashok Sarin as Director. The company reported significant growth in...
Aistra Acquires Controlling Stake in Veracity Services to Expand its AI-Augmented Finance & Accounting Business and Global Clientele
Aistra, an AI Managed Services firm focused on transforming enterprise operations, announced the acquisition of a controlling stake in Veracity Services, a leading finance and accounting (F & A) services company...
TVS, other investors keen to buy into Jana Small Finance Bank
A clutch of new investors, including Venu Srinivasan-led TVS Venu Group, would buy into Jana Small Finance Bank, while the lender’s long-time partner TPG Capital is likely to partially reduce its stake, people...
ITC Hotels acquires Zuri Kumarakom, Kerala Resort & Spa
ITC Hotels has today signed definitive agreements for acquisition of a luxury resort in Kumarakom, Kerala – The Zuri Kumarakom, Kerala Resort & Spa (Resort). The Company will acquire 100% stake in Zuri Hotels...
CCI clears Adani Power’s GVK buy, other deals
The Competition Commission of India (CCI) on Tuesday said it has cleared four deals, including Adani Power’s proposed acquisition of GVK Energy and the purchase of a stake in Ctrl S Datacenters by an arm of Canada...
Emami board approves acquisition of 60% stake in IncNut Digital
The board of Emami at its meeting held today, i.e., 7 May 2026 has approved the execution of a share subscription and purchase agreement (SSPA) for acquiring 60% stake in IncNut Digital. IncNut Digital is having its...
Peak XV, Sequoia, other funds to sell a part of Groww stakes in Rs 4,750-cr deal
A clutch of funds, including Peak XV Partners and Sequoia, would be selling a portion of their stakes in new-age digital brokerage Groww in a ₹4,750-crore block deal Tuesday, according to a term sheet of the proposed...
