Realty developer Oberoi Realty has entered into agreement with global investment firm Alpha Wave Ventures II, LP to sell 21.74% stake in its joint venture company, I-Ven Realty for Rs 1,250 crore. This marks one of the...
Private Search Engine “Retifo” acquired by Zordo Technologies
Retifo is a cutting-edge private search engine designed to prioritize user privacy and security in the ever-evolving digital landscape. In contrast to most common search engines that tend to follow and secure...
PayU buys 43.5% stake in payment technology firm Mindgate Solutions for undisclosed sum
PayU, the payment and fintech arm of Amsterdam-based investment firm Prosus, has acquired a 43.5% stake in Mumbai-based Mindgate Solutions for an undisclosed sum. Founders of Mindgate, which offers real-time payment...
Liqvd Asia acquires AdLift for ₹50 crore to strengthen digital marketing play
Digital-first advertising agency Liqvd Asia has acquired performance marketing and SEO agency AdLift for ₹50 crore in a two-phase deal, structured in two parts with a maximum 18-month gap between the tranches. The...
Adani Ent rides AI wave, hikes stake by 23% to complete 100% acquisition of Parserlabs India
Adani Enterprises completed the acquisition of Parserlabs India on Thursday, March 20, after Sirius Digitech Limited, a joint venture of Adani Global Limited, Mauritius, acquired the remaining 22.5 per cent stake in the...
Radha Smelters receives NCLT’s nod to acquire GVK Gautami Power
The National Company Law Tribunal (NCLT) has approved steel manufacturer Radha Smelters Pvt Ltd’s resolution plan to acquire GVK Gautami Power Ltd through the insolvency resolution process. The Hyderabad-based TMT...
Juniper Hotels gain 4% on acquiring 100% stake in Jenipro Hotels; Details
Juniper Hotels shares advance 4 per cent in trade on BSE, logging an intraday high at Rs 287 per share. The buying in the stock sparked after the company entered into a share purchase agreement with Jenipro Hotels...
NCLAT junks bankruptcy case against Essar Oil and Gas Exploration
The National Company Law Appellate Tribunal (NCLAT) has set aside the bankruptcy case against Essar Oil and Gas Exploration and Production Ltd (EOGEPL), a subsidiary of Essar Group. An NCLAT bench led by chairperson...
HUL shares in focus after CCI approves acquisition of skincare brand Minimalist
Shares of FMCG major Hindustan Unilever (HUL) will be in focus on Tuesday after the Competition Commission of India (CCI) approved the company’s proposal to acquire Uprising Science, the parent company of beauty and...
Zen Technologies shares zoom after acquiring 45% stake in Bhairav Robotics
Share of Zen Technologies advanced 4.5 per cent on Wednesday after it acquired 45.3 per cent stake in of Bhairav Robotics Private Limited, making it an associate company. Zen Technologies’ stock rose as much as 4.51 per...
LIC to announce acquisition in health insurance firm by Mar 31: CEO Mohanty
State-owned Life Insurance Corporation of India (LIC) is in advanced stages of negotiation to buy a ‘substantial’ stake in a standalone health insurer to broaden its footprint in that segment, the insurer informed the...
IIHL completes acquisition of RCAP; mgmt transfer to take place on Wed
IndusInd International Holdings Ltd (IIHL) has completed the transaction to acquire debt-ridden Reliance Capital (RCAP) by transferring the entire bid amount to lenders, IIHL chairman Ashok Hinduja said on Tuesday. The...
