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...
Singapore’s Sembcorp powers into Australia with $4.3 billion Alinta Energy takeover
Sembcorp Industries said on Thursday its units will acquire Australia’s Alinta Energy for an enterprise value of A$6.5 billion ($4.32 billion), marking one of the largest overseas expansions for the Singaporean...
Apparel retailers Destination XL and FullBeauty agree to merger of equals
Retailers Destination XL Group and FullBeauty Brands agreed to merge, creating a bigger player in the size-inclusive apparel market, the companies announced on Thursday, confirming an earlier Reuters report. The...
EU antitrust regulators erred in clearing Broadcom’s VMware deal, cloud industry lobby says
EU antitrust regulators failed to analyse properly the risks of Broadcom’s $69 billion acquisition of cloud computing firm VMware before clearing the deal, the Cloud Infrastructure Services Providers in Europe...
