Private lender Axis Bank on Monday said it has raised its stake in Axis Max Life Insurance Company to 19.9 per cent. Based on approval granted by the Acquisitions, Divestments and Merger Committee of the board of...
National News
Clayfin Expands into Voice AI Capabilities with Strategic Acquisition of Louie Voice
Clayfin, a leading provider of digital banking and customer experience solutions for financial institutions, today announced the strategic acquisition of Louie Voice, an innovative voice banking platform focused on...
Board of Hindware Home Innovation approves acquisition of balance stake in Hintastica
The board of Hindware Home Innovation at its meeting held on 03 June 2026 has approved to acquire balance shareholding in Hintastica (joint venture) from Atlantic (joint venture partner). Atlantic, which currently holds...
PB Fintech founders Yashish Dahiya, Alok Bansal sell 0.8% stake worth Rs 665 crore
Yashish Dahiya and Alok Bansal, founders of Policybazaar parent PB Fintech, together sold a 0.8% stake in the company for Rs 665 crore, according to information disclosed on the National Stock Exchange. Dahiya, chairman...
Yatra founders explore stake sale as consolidation buzz swirls in online travel
Travel portal Yatra Online’s founders have opened discussions to sell a controlling stake with feelers having been sent to competitors and other potential buyers, people aware of the development said. The...
IndiGo approves $450 million plan to acquire aircraft, engines
InterGlobe Aviation, the parent company of IndiGo, announced on Friday that it has approved a plan to deploy up to $450 million to support the acquisition of aircraft, engines and other aviation assets, as the airline...
IDBI Bank stake sale back on table; Centre explores revival options
The Centre is exploring ways to revive the stalled privatisation of IDBI Bank, people familiar with the matter told ET. The choices include examining whether earlier rejected bids, from Prem Watsa-led Fairfax Financial...
InvITs industry pushes for easier M&A rules to boost investor interest
The InvITs industry with ₹7 lakh crore of assets under management is seeking M&A-friendly guidelines from regulators for the asset class to be able to attract more investors, several industry executives said. Their...
Anushka Sharma acquires minor stake in footwear and apparel brand Agilitas Sports
Film actor-producer Anushka Sharma has acquired a minor stake in Agilitas Sports, which makes and retails sports footwear and apparel. Sharma’s husband, cricketer Virat Kohli, is already a co-investor in Agilitas...
Policybazaar parent PB Fintech promoters plan stake sale worth ₹654 crore
Promoters of PB Fintech, the parent company of Policybazaar, are set to offload shares worth up to ₹654 crore through a block deal on Thursday, according to a term sheet seen by Business Standard. The proposed...
True North buys 25% stake in pharma co Embio
Homegrown private equity firm True North will acquire a minority stake in Embio Ltd, a regulated markets-focused manufacturer of Active Pharmaceutical Ingredients (APIs), True North announced on Wednesday. According to...
Govt plans up to 2% LIC stake sale, may raise Rs 10,000 crore
The government is considering a fresh stake sale in Life Insurance Corporation of India (LIC) that could raise as much as Rs 10,000 crore, as New Delhi looks to deepen public shareholding in the country’s largest...
