Multi-specialty hospital platform Marengo Asia Healthcare is exploring a rights issue and the possibility of roping in an external investor as it looks to expand bed capacity to 3,000 by the end of 2026, a top executive...
Adani Energy Solutions acquires 2 SPVs from PFCCL
Adani Energy Solutions Ltd (AESL) on Tuesday said it has acquired two project special purpose vehicles from PFC Consulting Ltd for cash consideration of about Rs 38 crore. In two separate BSE filings, AESL stated that...
Cipla, Alkem Laboratories in final lap to buy SMT
Drugmakers Cipla and Alkem Laboratories have emerged as the frontrunners to acquire a controlling stake in Sahajanand Medical Technologies (SMT), India’s largest cardiac stent maker, said people in the know. This...
Central Bank of India gets CCI’s nod to acquire stakes in two Future Generali entities
The Competition Commission of India (CCI) on Tuesday cleared state-owned Central Bank of India’s proposed stake acquisition of stakes in Future Generali India Insurance and Future Generali India Life Insurance...
Go First resolution professional can’t become its liquidator, says NCLT
The National Company Law Tribunal (NCLT) on Tuesday said bankrupt Go First’s current resolution professional Shailendra Ajmera cannot be appointed as its liquidator. The NCLT bench, consisting of judicial member...
Indian government to sell up to 5% stake in Cochin Shipyard
The Indian government will offload a stake of about 5% in shipbuilder Cochin Shipyard, an exchange filing showed on Tuesday. The floor price for the sale is 1,540 rupees, an 8% discount to the stock’s Tuesday...
Licious acquires My Chicken and More to boost offline presence
Meat and seafood home-delivery service Licious’ parent company, Delightful Gourmet, on Monday said that it has acquired Bengaluru-based offline retailer My Chicken and More. It was a cash-and-equity deal, the...
Temasek-backed Manipal Health buys hospital in Mumbai’s Andheri for Rs 415 cr
Singapore’s global investment company Temasek Holdings-backed Manipal Health Enterprises’ Manipal Hospitals has acquired a five-storey hospital property in Mumbai’s western suburb Andheri for Rs 415 crore...
RIL expects Star-Viacom18 merger deal closure in Q3
Reliance Industries Limited (RIL)-owned Viacom18 and Walt Disney’s Star India are expected to complete their merger by the third quarter of this financial year, pending additional approvals, according to a...
PE firms queue up for Novartis’ Indian arm
Private equity firms ChrysCapital, Apollo Global Management, Kedaara Capital and Multiples Equity are evaluating the acquisition of Novartis AG’s 70.68% stake in its India-listed arm, according to the people with...
Reliance Industries in talks to acquire stake in Karan Johar’s Dharma Productions
Reliance Industries (RIL) is in talks to acquire a stake in Bollywood producer and director Karan Johar’s Dharma Productions, said people familiar with the matter. A deal will strengthen the oil-to-telecom...
AGR Knowledge Services Acquires Germin8’s Services Business to Expand Global Insights Capabilities Armed with AI and Analytical Intelligence
AGR Knowledge Services, a leading tech-driven business research and insights firm, has acquired Germin8’s services business. Germin8 is a tech-driven company focused on enhancing customer experience through AI...
