The Competition Commission of India has cleared healthcare and energy conglomerate Torrent Group’s proposal to acquire a majority stake in IPL franchisee Gujarat Titans. “The proposed combination relates to...
Boards of Nissan and Honda vote to officially end merger discussions
The boards of Nissan and Honda voted on Thursday to officially end talks to merge the Japanese automakers, two people familiar with the matter said. A tie-up would have created the world’s fourth-biggest auto...
Jay Kay Enterprises (JKE) Acquires Majority Stake in JK Tech to Drive AI & Gen AI Innovation
Jay Kay Enterprises (JKE), a leader in high-precision manufacturing for the Defence and Aerospace sector, including advanced digital printing capabilities, has acquired a majority stake in JK Tech, a global provider of...
Powergrid acquires Bidar Transco for Rs 6.52 cr under tariff-based bidding
Power Grid Corporation of India (Powergrid) on Tuesday said it was acquiring Bidar Transco Ltd (BTL) after being selected as a successful bidder under a tariff-based competitive bidding (TBCB). REC Power Development and...
PE giant Blackstone joins race to acquire Akzo Nobel paints business
American private equity giant Blackstone Inc. has entered the race to acquire the paints business of Akzo Nobel, which sells its products under the ‘Dulux’ brand. JSW Group and Pidilite have also shown interest in the...
XT Global Infotech explores strategic global acquisition opportunities
XT Global Infotech announced that the company is actively exploring strategic acquisition opportunities in Australia, Europe, and other key international markets to reinforce its global footprint and broaden its service...
Reliance acquires Velvette, the FMCG brand behind the sachet revolution
Reliance Consumer Products Limited (RCPL) has acquired Velvette, the personal care brand known for introducing sachet packaging. This acquisition, which grants RCPL the perpetual license of Velvette, supports Reliance’s...
Bajaj Consumer Care Portfolio Strengthens with the Acquisition of Vishal Personal Care, a Leading Hair and Skin Care Producer with Brand Name Banjara’s
Bajaj Consumer Care Limited, a leader in India’s consumer care space, has announced the acquisition of company Vishal Personal Care that owned Banjara’s, a well-established and trusted hair and skin care...
Jubilant Biosys expands global footprint with acquisition in France
Jubilant Biosys, a subsidiary of Jubilant Pharmova, has announced an expansion of its research and development (R&D) capabilities with the acquisition of an 80 per cent stake in JASMIN, a newly formed company by...
ONGC-NTPC Green Energy JV acquire Ayana Renewable for Rs 19,500 cr
A joint venture between state-owned majors — oil and gas explorer ONGC Ltd and thermal power giant NTPC Ltd — has acquired a 100 per cent equity stake in Bengaluru-based Ayana Renewable Power Private Ltd for ₹19,500...
Torrent Group to acquire a majority stake in Gujarat Titans for Rs 7,500 cr
In what would mark the first majority stake sale of an Indian Premier League (IPL) franchise since the league’s inception in 2008, Ahmedabad-based Torrent Group is in the final stages of acquiring a 66 per cent stake...
Juniper Hotels Board approves acquisition of Jenipro Hotels
The Board of Directors of Juniper Hotels at its meeting held today, 11 February 2025, has approved the acquisition of 100% of the equity share capital of Jenipro Hotels (Jenipro) from its existing shareholders (Sale...
