Waaree Renewable Technologies has agreed to acquire a 55% stake in Gujarat-based Associated Power Structures Ltd (APSL) for ₹1,225 crore, marking the Waaree Group’s entry into grid and transmission infrastructure, a key...
Marico to acquire PVR Inox snacking brand for Rs 226.8 cr
Fast-moving consumer goods firm Marico has agreed to acquire a 93.27% stake in Zea Maize, which owns snacking brand 4700BC, from PVR Inox for up to ₹226.83 crore, the companies said on Monday. 4700BC founder Chirag...
Godrej Industries looking for acquisitions in consumer sector: Nadir Godrej
Indian real estate-to-dairy conglomerate Godrej Industries is eyeing acquisitions in the consumer goods and animal feed sectors despite the high valuations of young companies, the group chair has said. Dealmaking in...
Axis Bank puts Axis Finance stake sale on hold after RBI eases rules
India’s Axis Bank has put on hold plans to sell a stake in its consumer lending arm, Axis Finance. After the central bank eased proposed restrictions on overlapping business activities between banks and their...
Reliance Industries merges 16 step-down subsidiaries into Reliance New Energy
Mukesh Ambani-led Reliance Industries has consolidated 16 step-down wholly owned subsidiaries into its clean-energy arm, Reliance New Energy Limited, as it streamlines its expanding portfolio of hydrogen, energy storage...
IDBI Bank’s renaming on radar ahead of divestment
The potential renaming of IDBI Bank after an acquisition remains a key imponderable for interested suitors ahead of the lender’s impending disinvestment given the lack of clarity on the issue, said people familiar...
Senco Gold to acquire 68% stake in Melorra parent for Rs 68 crore
Senco Gold Limited on Wednesday said its board has approved an investment of Rs 68 crore to acquire a 68% equity stake in August Jewellery Private Limited, the parent company of fast-fashion jewellery brand Melorra...
CCI approves Tata Steel’s acquisition of 50.01% stake in Thriveni Pellets
Fair trade regulator CCI on Tuesday cleared Tata Steel’s proposal to acquire a 50.01 per cent equity stake in Odisha-based Thriveni Pellets. The development came after Tata Steel in December last year announced...
Pine Labs unit Setu receives RBI nod to acquire account aggregator Agya Technologies
Digital payments platform Pine Labs has received approval from the Reserve Bank of India (RBI) to acquire full ownership of Agya Technologies, an account aggregator firm, through its fintech infrastructure arm Setu, the...
Adani Power in focus as NCLAT clears Rs 4,000-crore Vidarbha Power acquisition
Shares of Adani Power are expected to remain in focus today during the trading session on January 20 after the National Company Law Appellate Tribunal (NCLAT) upheld the company’s Rs 4,000-crore acquisition of Vidarbha...
Satin Technologies to acquire majority stake in cybersecurity startup – QTrino Labs
Satin Creditcare Network announced that its wholly owned subsidiary, Satin Technologies, has entered into a Share Subscription-cum Shareholders Agreement on 17 January 2026, to acquire upto 76.40% equity share capital...
NCLAT upholds Adani Power’s Rs 4k-cr acquisition of Vidarbha Industries Power
Insolvency appellate tribunal NCLAT has upheld the acquisition of Vidarbha Industries Power by Adani Power Ltd (APL), India’s largest private thermal power producer. The National Company Law Appellate Tribunal...
