Vehicle financier Shriram Finance’s board of directors will meet on Friday, most likely to consider an equity stake sale to Japanese banking giant Mitsubishi UFG Financial Group (MUFG). In a late-night stock exchange...
CCI clears Coinbase’s minority stake purchase in DCX Global
Fair trade regulator CCI on Tuesday approved US-based cryptocurrency platform Coinbase’s proposal to acquire a minority stake in DCX Global Ltd. The development came after Coinbase Global in October announced that...
CCI clears ITC’s Rs 3,498-crore acquisition of Aditya Birla Real Estate’s paper and pulp business
The Competition Commission of India (CCI) greenlit on Tuesday ITC Limited’s acquisition of the paper and pulp manufacturing business of Aditya Birla Real Estate Limited (ABREL), clearing a key regulatory hurdle for the...
Dharma Productions buys out Cornerstone stake in talent venture, rebrands agency as DCAA
Dharma Productions has acquired Cornerstone’s stake in its talent management arm, Dharma Cornerstone Agency. The film production and distribution company is jointly owned by Karan Johar and Adar Poonawalla. The Economic...
Tata AIA Life, Temasek buys 1.4 pc stake in SBFC Finance for Rs 161 cr
Tata AIA Life Insurance Company and Aranda Investments, an affiliate of Temasek Holdings, on Tuesday bought a total of 1.53 crore shares, representing 1.4 per cent stake, of SBFC Finance for Rs 161 crore from...
Government to sell up to 3% stake in Indian Overseas Bank via OFS, sets floor price at Rs 34/share
The Centre will divest up to 3% stake in Indian Overseas Bank (IOB) through an offer for sale (OFS) that opens on Wednesday, December 17. The government plans to offload up to a 2% stake, or 38,51,31,796 equity shares...
Ola Electric’s Bhavish Aggarwal to sell 2.8% stake to clear pledged shares; promoter group holding to slip to
Ola Electric founder and promoter Bhavish Aggarwal will offload a 2.78% stake in the company over the next few days to release 3.93% of shares he had pledged to raise a promoter-level loan of Rs 260 crore. The first...
RBI gives nod to HDFC Bank’s arms to acquire up to 9.5% in IndusInd Bank
The Reserve Bank of India (RBI) has granted approval to HDFC Bank to acquire up to 9.5 per cent in IndusInd Bank through its group entities — HDFC Mutual Fund, HDFC Life Insurance, HDFC ERGO General Insurance, HDFC...
HDFC Bank gets approval to acquire up to 9.5% stake in IndusInd Bank
HDFC Bank has received approval from the Reserve Bank of India (RBI) to allow its group entities to hold up to 9.50% stake in IndusInd Bank. The approval was granted through a letter dated December 15, and will remain...
SaaS firm Wingify acquires Blitzllama to push AI-led user research
Software as a service (SaaS) firm Wingify, which operates the experience optimisation platform VWO, announced the acquisition of Blitzllama, an AI-powered user insights platform that helps businesses capture and analyse...
GOCL Corp jumps 9% as board approves merger of Hinduja National Power
GOCL Corporation shares jumped 9 per cent on the BSE, logging an intra-day high at ₹330 per share. The buying on the counter came after the company’s board approved a scheme of merger by absorption of Hinduja National...
Sumeet Industries board approves acquisition of minor stake in renewable energy company
The board of Sumeet Industries at its meeting held on 15 December 2025 has approved to acquire up to 26% of equity share capital in Bajrang Green Energy One with an investment of Rs. 26 lakh. This project will enable...
