Naveen Jindal-owned Jindal Power is competing with Sev.en Global Investments of the Czech Republic to acquire the 1,320-MW Jhajjar thermal power project in Haryana from Apraava Energy (formerly CLP India) as demand for...
Adani, Vedanta, Patanjali among 26 in fray to acquire Jaiprakash Associates
Billionaire Gautam Adani’s group, mining mogul Anil Agarwal’s Vedanta, and yoga guru Baba Ramdev’s Patanjali Ayurveda are among the 26 suitors looking to acquire Jaiprakash Associates. Others who...
Metropolis Healthcare to acquire Dehradun-based Dr. Ahujas’ Pathology for Rs 35 crore
Metropolis Healthcare said that Metropolis Histoxpert Digital Services has entered into a business transfer agreement to acquire Dehradun’s leading diagnostic chain Dr. Ahujas’ Pathology and Imaging Centre...
Jindal Steel to acquire Allied Strips for Rs 217.5 crore
Jindal Steel and Power has acquired Allied Strips Limited (ASL), a Haryana-based manufacturer of steel-based products, for Rs 217.53 crore in cash. The acquisition was done through Jindal Steel Odisha (JSO), a wholly...
BlackSoil-Caspian Debt merger secures RBI nod, awaits NCLT approval
BlackSoil Capital, an alternative credit platform, and Caspian Debt, an impact investment lender, have received approval from the Reserve Bank of India (RBI) for their merger. The deal now awaits clearance from the...
NCLAT approves Bharti Telecom’s 2018 scheme for capital reduction
The National Company Law Appellate Tribunal (NCLAT) Thursday approved Bharti Telecom’s 2018 capital reduction scheme, dismissing minority shareholders’ argument that the scheme was unfair and failed to...
UltraTech to acquire wall putty maker Wonder WallCare
UltraTech Cement will acquire Wonder WallCare, a manufacturer of wall putty, for an enterprise value not exceeding Rs 235 crore as part of its aggressive expansion strategy. This acquisition will enhance the portfolio...
Govt to sell up to 4.8% stake in Mazagon Dock through OFS
The Union government is proposing to sell up to 4.83% stake defence PSU Mazagon Dock Shipbuilders through an Offer for Sale (OFS). This will be available on the exchanges from April 4-7. Under the sale, the government...
Board of Himadri Speciality Chemical approves acquisition of Trancemarine and Confreight Logistics
The Board of Himadri Speciality Chemical at its meeting held on 03 April 2025 has approved the acquisition of 60% paid-up equity share capital of Trancemarine and Confreight Logistics for a purchase consideration of Rs...
NCLT dismisses insolvency plea against Zomato over alleged payment default
The National Company Law Tribunal (NCLT) Delhi on Thursday dismissed an insolvency plea filed against food delivery giant Zomato by uniform supplier Nona Lifestyle over an alleged payment default of ₹1.64 crore. The...
Ambuja Cements gets Delhi HC notice on stamp duty row in Holcim merger
The Delhi high court has issued a notice to Adani Group’s Ambuja Cements on a plea by the Delhi stamp duty department, which seeks to recover ₹218.87 crore in stamp duty and ₹69 crore in penalties for its merger with...
Network infrastructure company SAR Televenture Limited acquires majority stake in Tikona Infinet
Network infrastructure company SAR Televenture Limited has acquired a majority stake in internet service provider, Tikona Infinet Limited in a share swap deal for Rs 578 crore. The acquisition comes amidst the struggles...
