Toronto-based Fairfax Financial is leading the race to acquire a controlling stake in IDBI Bank from the Centre and Life Insurance Corp of India (LIC) ahead of a December-end deadline for submission of financial bids...
Honasa Consumer acquires personal care brand Reginald Men
Honasa Consumer, the parent company of beauty and personal care firm Mamaearth, has entered the men’s grooming segment with the acquisition of the brand Reginald Men. The Gurugram-based company initially acquired a 95%...
Chalet Hotels acquires resort property in Udaipur for ₹171 crore
Chalet Hotels announced the proposed acquisition of a company owning a resort property in Udaipur, Rajasthan, with around 150 rooms, on Thursday. The company said the acquisition is at a proposed consideration of ₹171...
Jhunjhunwala family, Madhu Kela queue up to pick ICICI Prudential AMC stake ahead of IPO
A clutch of 26 marquee investors, including the likes of the billionaire Jhunjhunwala family, Madhusudhan Kela, Manish Chokhani, and Prashant Jain, have picked up a stake in ICICI Prudential Asset Management...
Prestige Estates rises 2% as unit acquires stake in Bharatnagar Buildcon
Shares of Prestige Estates Projects Ltd. rose over 2 per cent on Thursday after the company’s subsidiaries, Prestige Falcon Realty and Prestige Projects, acquired a partnership interest worth ₹938.75 crore in...
Jasper Food acquires 10 percent stake in Shark Tank-featured SoupX
Jasper Food Manufacturers Pvt. Ltd. (JFMPL), the Ready-to-Eat (RTE) and Ready-to-Cook (RTC) arm of Jasper Group, has acquired a 10% equity stake in SoupX, a health-focused food-tech brand recently featured on Shark Tank...
RBI accords prior approval for acquisition of up to 9.99% stake in Suryoday Small Finance Bank
Suryoday Small Finance Bank announced that the Reserve Bank of India has vide letter dated 10 December 2025, accorded its prior approval to 1729 Capital and its associates (collectively referred to as the...
Modi Naturals plans up to ₹100 crore FMCG acquisitions after NSE listing
New Delhi-based fast-moving consumer goods company Modi Naturals is looking to acquire companies in the ready-to-eat or healthy snacks space, going up to Rs 100 crore, which will align with its brand strategy, joint...
NCLT dismisses RCom plea seeking ₹325-crore refund from Ericsson
The Mumbai bench of the National Company Law Tribunal (NCLT) on Wednesday dismissed Reliance Communications Ltd’s (RCom’s) plea seeking a refund of nearly ₹325 crore from Swedish telecom equipment maker Ericsson...
Mexico Nears Approval of Billionaire’s Bid for Banamex Stake
Mexican financial authorities are close to approving an offer by billionaire Fernando Chico Pardo to buy a 25% stake in Citigroup Inc.’s Mexican retail-banking unit, Banamex, paving the way to list the business as soon...
Generali and France’s BPCE scrap plans to merge asset management units
Italy’s biggest insurer Generali and French bank BPCE said on Thursday they had dropped plans to merge their asset management businesses, in the absence of conditions necessary to make the deal viable. Generali in...
Banco BPM CEO says no talks with Credit Agricole, nothing on table with MPS
Banco BPM Chief Executive Giuseppe Castagna said on Thursday his bank had not examined any deal with France’s Credit Agricole and had nothing on the table regarding Monte dei Paschi di Siena, though any future...
