The government will offload up to 8 per cent stake in Central Bank of India through an offer for sale (OFS) starting Friday, Disinvestment Secretary Arunish Chawla said late Thursday in a post on X. The OFS will open...
National News
Board of Man Industries (India) notes acquisition of National Pipe Company
The board of Man Industries (India) at their meeting held on 21 May 2026, inter alia, considered and took note of the completion of the transaction in relation to acquisition of 100% equity stake in National Pipe...
Board of Juniper Hotels approves acquisition of Juniper Hospitality Assets
The board of Juniper Hotels at its meeting held on 21 May 2026, has approved the acquisition of 100% of the equity share capital of Juniper Hospitality Assets (JHAPL) from its existing shareholders. Consequent upon the...
Cloudnine to acquire Apollo’s maternity chain Cradle
Cloudnine Hospitals, one of India’s leading maternity and paediatric care chains, will acquire Apollo Cradle and Apollo Fertility, a network of maternity and infant care centres across India. Under the transaction...
HAB Pharma merges Signature Phytochemicals, eyes Rs3,000 crore revenue by 2030
HAB Pharma and Signature Phytochemicals have completed a merger through a slump sale, bringing both companies under a single consolidated entity. Finalized in March 2026, the merger was undertaken to streamline...
RPSG, Inox, Hexa bid for Enel’s renewable energy projects in India
RP Sanjiv Goenka’s Purvah Green, Inox Clean Energy, and Hexa Climate have submitted binding financial bids to acquire Italian state-backed Enel Group’s operations in India, said people familiar with the...
OfBusiness lending arm Oxyzo to acquire GoldenPi Tech, enter retail fixed income market
Gurugram-based lending company Oxyzo Financial Services is looking to acquire Rainmatter-backed GoldenPi Technologies, an online bond distribution platform, the company said in a note on May 19. Oxyzo is the financial...
Adani Ports to acquire 100% stake in Jaypee Fertilizers & Industries
Adani Ports & Special Economic Zone has entered into a share purchase agreement with Jaiprakash Associates for acquisition of 100% stake in Jaypee Fertilizers & Industries (JFIL). JFIL is the holding company of...
Vinra Group Acquires Vizree in Strategic Expansion Into AI-Powered Business Solutions
Vinra Group, a Bengaluru-based diversified enterprise renowned for its leadership in real estate, construction, and interior solutions, has officially announced the acquisition of Vizree — an advanced AI-powered...
Adani Power to acquire certain power assets and investments of Jaiprakash Associates
Adani Power announced that pursuant to the approved resolution plan for Jaiprakash Associates (JAL) submitted by Adani Enterprises, the company has entered into the following definitive agreements with JAL: (a) Share...
Vikran Engineering acquires 51% stake in NOPL Solar Projects
Vikran Engineering has executed a Share Purchase Agreement (SPA) for acquisition of 51% equity stake in NOPL Solar Projects (Target Entity), subject to customary conditions precedent as agreed between the parties. The...
Bluspring Enterprises completes acquisition of STEAG Energy Services (India)
Bluspring Enterprises announced that its subsidiary, Bluspring New Horizon One has completed the acquisition 100% of the paid-up share capital of STEAG Energy Services (India) (SESI) on a fully diluted basis from STEAG...
