Blackstone-backed Nexus Select Trust is in the final stages of acquiring Galaxy Group’s mixed-use asset in Guwahati for around ₹1,300 crore, demonstrating evident institutional appetite for consumption-themed...
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Bharat Forge acquires 30% stake in Fortuna Engineering
Bharat Forge has completed the acquisition of 27,08,754 equity shares of Rs. 10/- each at a premium of Rs. 478.45/- each (30% on fully diluted basis) subject to final adjustments in Fortuna Engineering in first tranche...
Avi Polymers to acquire 90% stake in JVTR Consultants at Rs 500 crore valuation
Avi Polymers on Thursday said its board has approved the acquisition of a 90 per cent stake in JVTR Consultants through a share swap arrangement at an indicative valuation of Rs 500 crore. The proposed acquisition marks...
Dorf-Ketal enters water treatment space with Vasu Chemicals acquisition deal
Dorf-Ketal Chemicals India, a global specialty chemicals company, has acquired the water treatment business of Vasu Chemicals LLP, marking its entry into the industrial water treatment sector in India. Vasu Chemicals is...
Board of Zaggle approves modification in agreement for acquisition of Dice Enterprises
The board of Zaggle Prepaid Ocean Services in its meeting held on 08 May 2026, inter alia, has, considered and approved the modification to the deal structure, whereby instead of acquiring the entire shareholding of...
Tata Comm acquires stake in Clean Max SPV
Tata Communications has entered into a share purchase agreement with Clean Max Enviro Energy Solutions and its wholly owned subsidiary, Clean Max Yuhdul (SPV) to acquire 2,600 shares representing 26% stake in the SPV...
InMobi acquires AI platform MobileAction to drive growth in iOS ecosystem
Softbank-backed advertising technology firm InMobi has acquired San Francisco-based MobileAction for an undisclosed amount to strengthen its presence in Apple’s iOS space, the company said on Thursday. Founded in...
Waaree Renewable to acquire 55% stake in Associated Power Structures for Rs 1,225 crore
Waaree Renewable Technologies on Thursday said it has inked pacts for the acquisition of a 55 per cent stake in Associated Power Structures Pvt Ltd for Rs 1,225 crore. According to a regulatory filing, the company has...
UpGrad, Unacademy file application with CCI for merger
Ronnie Screwvala-founded higher learning firm UpGrad and test-prep startup Unacademy have sought antitrust approval from the Competition Commission of India (CCI) for their proposed merger, showed documents published by...
Emami to acquire majority stake in personal care co IncNut Digital for ₹321 cr
Emami will acquire a 60% stake in IncNut Digital, owner of direct-to-consumer beauty and personal care brands Vedix and SkinKraft, for ₹321 crore in an all-cash deal. The Kolkata-based FMCG company will acquire the...
Digital banking platform Freo acquires credit marketplace IndiaLends
Bengaluru-based digital banking platform Freo has acquired the credit marketplace IndiaLends. The platform will operate as a different entity under Freo. The acquisition amount was not disclosed. IndiaLends, founded by...
India likely to divest stake worth $1.06 billion in state-run Coal India, CNBC-TV18 reports
The Indian government is likely to divest a 3%-4% stake worth 100 billion rupees ($1.06 billion) in state-run miner Coal India via the offer-for-sale route, broadcaster CNBC-TV18 reported on Thursday, citing...
