Varun Beverages has approved the acquisition of an additional 23% equity share capital of Jager Renewables Two (a special purpose vehicle engaged to generate & supply solar power to consumers in the state of...
Aster DM wins nod for Quality Care merger, paving way for $7 bn hospital giant
Aster DM Healthcare India Ltd has secured approval from its shareholders and unsecured trade creditors for its amalgamation with Blackstone-backed Quality Care India Ltd more than a year after the deal was announced...
Nova IVF picks up majority stake in Kerala’s CRAFT Hospitals at $40-mn valuation
Nova IVF Fertility, a Bengaluru-headquartered fertility services chain, has acquired a majority stake in CRAFT Hospitals, one of Kerala’s leading fertility centres, in a deal valuing the company at about $40 million...
Kedaara Capital gears up to sell Universal NutriScience for Rs 3,000 crore
Kedaara Capital, the homegrown private equity firm with about $5.5 billion in assets under management, along with other investors, is preparing to sell Universal NutriScience (UNS), one of India’s fast-growing...
Arvind SmartSpaces acquires residential project in Whitefield, Bengaluru
Arvind SmartSpaces announced that it has acquired a new residential high-rise project in Whitefield, Bengaluru with a total estimated saleable area of ~2.5 lakh sq. ft. and a top-line potential of ~Rs. 330 crore. The...
Reliance Retail Limited acquires beauty and wellness brand ‘Pahadi Local’
Reliance Retail Limited, India’s largest retailer, on Monday, announced that it has completed the acquisition of the brand ‘Pahadi Local’ along with the business from Pahadi Goodness Private Limited...
ICICI Prudential AIF acquires Pune IT park asset to expand yield-focused office portfolio
An alternative investment fund managed by ICICI Prudential Asset Management Company has acquired a grade-A office asset in Pune, expanding its strategy of building a portfolio of income-generating commercial real estate...
MakeMyTrip acquires majority stake in leading regional tour operator Flamingo Transworld
MakeMyTrip said on Thursday that it has entered into an agreement to acquire a majority stake in regional tour operator Flamingo Transworld. The company said over the last 30 years of its operations, Flamingo has...
Belding India rises after subsidiary acquires 55% stake in Metafin Technology
Belding India added 3.21% to Rs 1749 after the company said that DC&T Global has completed the acquisition of 55% shareholding of Metafin Technology by way of subscription to fresh equity shares in Metafin. DC&T...
Allied Blenders’ board nod to acquire 50% stake in Kion Blenders
Allied Blenders and Distillers announced that its board has approved to enter into shareholders’ agreement with Kion Blenders Industries to acquire a 50% stake from the existing shareholders. Kion Blenders...
Dabur India signs deal to acquire minorty stake in RAS Beauty
Dabur India announced that it has signed a definitive agreement to acquire a minority stake in new-age luxury skincare D2C Company, RAS Beauty, aiming to capture the fast-growing premium beauty segment. Founded by three...
Cygnet.One Acquires Majority Stake in Connectivity IT Services to Expand Managed IT Capabilities
Cygnet.One today announced the acquisition of a majority stake in Connectivity IT Services, a Managed IT Services firm with expertise in infrastructure management, value-added product distribution, and 24×7 ATS...
