Early investors in Oyo, including Lightspeed Venture Partners, are reportedly in discussions with family offices to sell part of their stakes in the hospitality startup. According to The Economic Times, the valuation...
Rashi Peripherals to acquire 70% stake in Satcom Infotech
Rashi Peripherals (RP Tech) has announced its intent to acquire 70% equity stake in Satcom Infotech, a prominent distributor specializing in cybersecurity solutions. This strategic move expands RP Tech’s portfolio...
Kilburn Engineering completes acquisition of factory unit at Ambernath
Kilburn Engineering has completed the transfer of the factory unit situated at Plot No. B/78/1, M.I.D.C, Anand Nagar, Additional Ambernath Industrial Area, Ambernath (East) – 421 506, Thane, Maharashtra along with...
Sudarshan Chemical gains on acquiring Germany based company
Sudarshan Chemical Industries rose 1.33% to Rs 1,110.05 after the company announced that its wholly owned subsidiary, Sudarshan Europe B.V., has acquired Blitz F24-526 GmbH, a limited liability company based in...
Waaree Energies inks pact to acquire Enel Green Power India for Rs 792-cr
Waaree Energies has announced the signing of a share purchase agreement with Enel Green Power Development S.r.l. for the acquisition of 100% of the share capital of Enel Green Power India (EGPIPL) for an amount of up to...
NCLAT gives go-ahead for Indiabulls Real Estate-Embassy Group merger
In a major relief to Indiabulls Real Estate (IBREL) and Embassy Group, the appellate tribunal NCLAT has sanctioned the scheme of amalgamation to merge both the real estate firms after setting aside the NCLT order...
JSW Energy completes acquisition of 125 MW renewables from Hetero group
JSW Energy on Friday said its arm JSW Neo Energy has completed the acquisition of 125 MW of renewable energy assets from Hetero Group for an enterprise value of about Rs 630 crore. The 125 MW portfolio comprises wind...
LEAP India Acquires CHEP India Private Limited (CIPL), Ushering in a New Era in Supply Chain Solutions
LEAP India, a leader in sustainable supply chain solutions, today announced its acquisition of CHEP India Private Limited (CIPL), an esteemed player in the supply chain industry. This strategic acquisition includes the...
WPIL hits record high after European arm acquires MISA ITALY
WPIL rallied 4.64% to Rs 753 after the company announced that its European subsidiary, Gruppo Aturia, has successfully acquired 100% shareholding of MISA ITALY, located in Arzignano, Italy. Misa is a leading Italian...
Equinox India hits the roof on NCLAT merger approval with Embassy Group
Equinox India Developments hit an upper limit of 20% at Rs 143.70 after the National Company Law Appellate Tribunal (NCLAT) approved the merger with Embassy Group. This long-awaited merger, which has been under...
Persistent Systems to acquire assets from Soho Dragon Solutions India
Persistent Systems has entered into an Asset Purchase Agreement with M/s. Soho Dragon Solutions India for the acquisition of its identified assets on 06 January 2025, subject to the satisfaction of customary closing...
CoinSwitch moves to acquire WazirX users offering Rs 600 cr in recovery aid
Home-grown crypto exchange CoinSwitch is rolling out a recovery programme worth Rs 600 crore targeted at WazirX users as the company looks to acquire customers of the embattled firm and enable them to recoup their...
