Persistent Systems has entered into an Asset Purchase Agreement with M/s. Soho Dragon Solutions India for the acquisition of its identified assets on 06 January 2025, subject to the satisfaction of customary closing...
CoinSwitch moves to acquire WazirX users offering Rs 600 cr in recovery aid
Home-grown crypto exchange CoinSwitch is rolling out a recovery programme worth Rs 600 crore targeted at WazirX users as the company looks to acquire customers of the embattled firm and enable them to recoup their...
HDFC Bank gets RBI nod to pick up 9.5% stake in Kotak Bank, AU and Capital SFBs
India’s largest private sector lender HDFC Bank has received the Reserve Bank of India’s approval to pick up an aggregate stake of up to 9.5% in Kotak Mahindra Bank, AU Small Finance Bank and Capital Small...
Bharti Airtel to acquire 26% stake in AMP Energy Green Three
Bharti Airtel has entered into an agreement for acquisition of 3,78,90,005 (26%) equity shares in AMP Energy Green Three, a special purpose vehicle formed for the purpose of owning and operating the Captive Power Plant...
HUL in talks to acquire skincare brand Minimalist in ₹3,000 crore deal: Report
Hindustan Unilever Limited (HUL) may acquire Jaipur-based skincare brand Minimalist, backed by Peak XV Partners, in a ₹3,000 crore ($350 million) deal, according to reports. If the deal is finalised, Minimalist’s...
LT Foods acquires 17.5% stake in Nature Bio-Foods
LT Foods said that it has acquired 17.5% stake in its subsidiary, Nature Bio-Foods (NBFL) from India Agri Business Fund II for total consideration of Rs 110 crore. NBFL is a public company. Its main object inter-alia is...
Authum Investment & Infra climbs 8% on CCI’s nod to acquire Prataap Snacks
Shares of Authum Investment & Infrastructure soared 7.94 per cent at Rs 1839 a piece on the BSE in Wednesday’s intraday trade. Authum Investment share price jumped after the Competition Commission of India (CCI)...
Refex Renewables & Infrastructure arm acquires 51% stake in Vyzag Bio
Refex Renewables & Infrastructure on Monday said its arm Refex Sustainability Solutions Ltd (RSSL) has completed acquisition of 51 per cent stake in Vyzag Bio-Energy Fuel. According to a regulatory filing, Vyzag Bio...
Kalyani Strategic System acquires 25% stake in Edgelab
Bharat Forge announced that its wholly owned subsidiary, Kalyani Strategic System (KSSL) has completed the acquisition of 25% of total share capital of Edgelab S.p.A. (Edgelab), pursuant to its proposed initial public...
SBI Life picks up 10% stake in Bima Sugam India Federation
SBI Life on Monday said its board has approved picking up of 10 per cent stake in Bima Sugam India Federation for ₹6.6 crore. Bima Sugam India Federation, an unlisted company, incorporated on June 18, 2024, aims to...
UltraTech Cement to enter Northeast with Star trek
UltraTech Cement on Friday said it is acquiring an 8.69% stake in Meghalaya-based Star Cement from the promoter group for ₹851 crore, a strategic deal that will help India’s largest cement producer gain a foothold...
JSW Energy to buy O2 Power for $1.47 billion
JSW Neo Energy Limited, a wholly owned subsidiary of JSW Energy Limited, will acquire the Indian renewable energy platform O2 Power Pooling, the company said on Friday. The 4.6 GW renewable energy platform is 51:49%...
