Shemaroo Entertainment has acquired the entire content library of OHO Gujarati for its OTT platform ShemarooMe, marking a first-of-its-kind consolidation in the Gujarati OTT space. The deal adds over 30 original...
National News
Govt explores options to retain 51% stake in merged PFC-REC entity
The government is looking at options, including issuance of preference shares or fresh equity, to maintain 51 per cent stake in the state-owned Power Finance Corporation post its merger with REC, a senior official said...
Nexus Select Trust approves Rs 347.5 cr Kolkata mall acquisition
Nexus Select Mall Management, the manager to listed Real Estate Investment Trust (REIT) Nexus Select Trust, has approved the acquisition of a retail asset in Kolkata for an enterprise value of Rs 347.5 crore, as part of...
Real estate advisory firm Savills acquires majority stake in Hotelivate
Global real estate advisory firm Savills has acquired majority stake in Hotelivate, a leading hospitality advisory firm with presence across South Asia, at an undisclosed amount. The new entity, will operate...
Centre may seek revised bids from two suitors for IDBI Bank
The government may ask for revised financial bids from two potential buyers of IDBI Bank as their original bid amounts were lower than the reserve price fixed for the strategic sale of the lender, sources said...
Prince Pipes & Fittings completes acquisition of assets of manufacturing unit in Bhuj, Gujarat
Prince Pipes & Fittings had earlier announced the Asset Purchase Agreement for a manufacturing facility in Bhuj, Gujarat on 20 March 2024, structured in two phases. The first phase included the acquisition of the...
SC refuses to interfere with order allowing Adani to acquire Jaiprakash Associates in blow to Vedanta
The Supreme Court of India on Monday refused to interfere in Gautam Adani-led Adani Enterprises’ takeover of Jaiprakash Associates, in a blow to billionaire Anil Agarwal’s Vedanta Group. Vedanta had approached the apex...
Nykaa confirms acquisition talks with Deepika Padukone’s 82°E
FSN E-Commerce Ventures, which owns beauty and fashion retailer Nykaa, confirmed that it is in talks with Deepika Padukone’s skincare brand 82°E to acquire stake in the latter, in a stock exchange filing late...
Wipro to acquire Olam Group’s IT service arm ‘Mindsprint’
Wipro (through its subsidiaries) has signed a definitive agreement to acquire 100% shareholding in Mindsprint and its subsidiaries on 05 April 2026. The transaction is expected to close by 30 June 2026 and involves a...
SC to hear Vedanta’s stay plea against Adani’s Jaiprakash Associates takeover
The Supreme Court will hear on Monday Vedanta Ltd.’s plea seeking a stay on the Adani Group’s plan to take over debt-laden Jaiprakash Associates. This follows the refusal by the National Company Law...
Insolvency process against Raheja Shilas project in Gurugram to continue, says NCLAT
The National Company Law Appellate Tribunal (NCLAT) has declined Raheja Developers’ plea to close the insolvency resolution process against its project Raheja Shilas in Gurugram, after observing that the issues...
Nykaa in talks to buy majority stake in Deepika Padukone’s skincare brand 82°E
Beauty and fashion retailer Nykaa, owned by Falguni Nayar’s FSN E-Commerce Ventures, is in negotiations with actress Deepika Padukone’s premium skincare brand 82°E to acquire a majority stake in the latter...
