Zydus Wellness said it will enter into a definitive agreement to acquire Naturell, the maker of Ritebite Max Protein bars and snacks for Rs 390 crore in an all cash deal. The maker of Complan and Glucon-D said the...
Centrum to sell stakes in housing finance arm by March
The Centrum Group is likely to finalise the sale of its housing finance subsidiary by the end of this fiscal, with the odds evenly distributed between the possibility of a 100% sale and part monetisation. The group is...
National Company Law Tribunal clears Casper Pharma’s merger with Suven Pharmaceuticals
The Mumbai bench of the National Company Law Tribunal (NCLT) has approved Casper Pharma’s merger with listed drug maker, Suven Pharmaceuticals. In April 2022, Suven Pharmaceuticals acquired Casper Pharma (CPPL) for...
Fortis Healthcare gets CCI nod to acquire additional stake in Agilus Diagnostics for Rs 1,780 cr
The competition watchdog CCI on Tuesday approved Fortis Healthcare’s proposal to acquire an additional 31.52 per cent stake in Agilus Diagnostics. Multi-speciality hospital chain Fortis Healthcare Ltd (FHL) is...
Lockton gets IRDAI nod to buy Arihant Insurance Broking
American insurance broker Lockton has received approval from I Insurance Regulatory and Development Authority of India (IRDAI) to acquire Arihant Insurance Broking Services Limited, part of the Arihant Capital Group...
Adani Enterprises cancels demerger of stake in Adani Wilmar till it meets public float rules
The board of Adani Enterprises on Tuesday withdrew its earlier decision to spin off the shareholding of the group’s fast-moving consumer goods (FMCG) unit Adani Wilmar (AWL) and transferring the stake to its...
InsuranceDekho set to acquire rival RenewBuy valuing it at $300-350 million
Gurugram-based insurance broker InsuranceDekho is in talks to acquire its smaller rival RenewBuy in a largely share-swap deal marking a major consolidation event in the insurance distribution sector, said three people...
Mahagenco-NTPC top bidder for Sinnar Thermal
A consortium of Maharashtra state government-owned power generation company Mahagenco and public sector NTPC has emerged as the top bidder to take over the 1,350 MW Sinnar Thermal Power plant near Nashik...
Slice completes merger with North East Small Finance Bank
Bengaluru-based fintech startup Slice on Monday said it had completed its merger with North East Small Finance Bank (NESFB) with effect from October 27 after receiving all requisite shareholder and regulatory approvals...
Abhay HealthTech acquires MNP Healthcare to expand footprint in OTC segment
Abhay HealthTech on Saturday announced the acquisition of consumer healthcare products manufacturer MNP Healthcare for an undisclosed amount. The strategic acquisition of MNP Healthcare is a significant milestone in...
Adani Group looks to acquire ITD Cementation, to buy 46.64% from promoters
Adani Group is looking to acquire close to 73% stake in ITD Cementation India for an estimated Rs 5,759 crore ($685 million), a move that will give the Gautam Adani-led conglomerate in-house engineering, procurement and...
JSW Energy emerges top bidder for KSK Mahanadi Power
Sajjan Jindal-promoted JSW Energy emerged as the top bidder for KSK Mahanadi Power, offering Rs 15,985 crore to financial creditors and outbidding Adani Power at an auction that ended on Saturday, said people with...
