ONGC NTPC Green Pvt Ltd (ONGPL), an equal joint venture between ONGC Green and NTPC Green, is set to acquire a 100% stake in Ayana Renewable Power for $700-750 million, according to people with knowledge of the matter...
Star Cement denies reports of acquisition talks with Adani Group
Star Cement on Wednesday dismissed reports suggesting that Adani Group’s Ambuja Cement is evaluating a potential acquisition of the company to expand its presence in the North East. The company labeled the claims as...
Kotak Pre-IPO fund to buy into diagnostic chain Neuberg
Kotak Pre IPO Opportunities Fund is in advanced discussions to acquire an about 15% stake in Neuberg Diagnostics, a diagnostics chain owned by serial healthcare entrepreneur GSK Velu, said people aware of the...
L&T to acquire 21% stake in E2E Networks in two-part Rs 1,406 crore deal
Engineering conglomerate Larsen & Toubro (L&T) on Tuesday announced it will acquire a 21 per cent stake in Indian Cloud and AI Cloud provider E2E Networks, in an all-cash transaction of Rs 1,406 crore. The...
Allen Institute held talks to acquire Unacademy valuing edtech firm at $800 million in a cut-price deal: s
Unacademy has held extended discussions with offline test preparation centre Allen Career Institute for a potential sale that could value the edtech firm at $800 million, or less than a quarter of its peak valuation of...
Amagi acquires Argoid AI to address streaming industry challenges
Amagi, a Bangalore-based unicorn and global leader in cloud-based SaaS technology for broadcast and connected TV (CTV), has acquired Argoid AI, a cutting-edge AI company specialising in recommendation engines and...
Government not considering PSU bank merger: MoS Finance
The government is not considering merger of public sector banks, Minister of State for Finance Pankaj Chaudhary said on Tuesday. In a written reply to a question in the Rajya Sabha, he said several steps have been taken...
IBBI extends deadline to file liquidation forms to December 31
The Insolvency and Bankruptcy Board of India (IBBI) on Monday extended the deadline for filing forms to monitor liquidations by a month to December 31. The extension follows a request by liquidators and Insolvency...
TCIL may offload 5-10% stake in Bharti Hexacom
State-run Telecommunications Consultants India (TCIL) will shortly finalise the minimum pricing and terms of an offer-for-sale (OFS) to divest 5-10% of its residual stake in Bharti Hexacom. The Union government owns 15%...
Pricol to acquire SACL’s injection moulding business
Pricol announced the proposed acquisition of Sundaram Auto Components (SACL)’s Injection Moulding business through Pricol Precision Products (a wholly owned subsidiary of Pricol). With this acquisition, Pricol...
Mirae Asset Financial Group Completes Acquisition of Sharekhan
Mirae Asset Financial Group today announced the completion of its acquisition of Sharekhan, following the receipt of all required regulatory approvals. This marks a new chapter in both companies’ journeys as Mirae...
Byju’s insolvency: Riju Raveendran approaches NCLT to seek inclusion in case
Riju Raveendran, the largest shareholder of edtech company Byju’s and brother of founder Byju Raveendran, approached the insolvency tribunal on Monday, seeking to be included in the insolvency case deliberations...
