The National Company Law Tribunal (NCLT) has approved a composite scheme of arrangement involving Poonawalla Finance and its real estate entities, clearing the way for a multi-step demerger aimed at splitting the...
Kalpataru Projects International sells Vindhyachal Expressway for Rs 775 crore
Kalpataru Projects International on Friday said it has sold 100 percent equity stake in its arm Vindhyachal Expressway to Actis for Rs 775 crore. The definitive agreement(s) were executed on October 9, 2024, to transfer...
Allied Blenders to acquire assets of NICOL’s non-operational unit in UP
Allied Blenders and Distillers on Friday said its board has cleared a proposal to acquire assets of a non-operational distillery cum bottling facility in Uttar Pradesh from National Industrial Corporation for Rs 70...
IHCL to aquire 51% stake in Brij Hospitality
Tata Group backed Indian Hotels Company (IHCL) announced on Thursday that it has entered into sharesubscription and share purchase agreements to acquire around 51% shareholding in Brij Hospitality PrivateLimited, for an...
Lionsgate sells Lionsgate Play in South, SE Asia to Rohit Jain in up to $30 million deal
Content studio Lionsgate has sold its over-the-top (OTT) streaming business, Lionsgate Play, in South Asia and Southeast Asia to Rohit Jain at an estimated deal value of up to $30 million, people aware of the terms told...
Mitra to merge with Tierra Agrotech in Rs 787-crore deal, eyes IPO by 2026
Delhi-based FMCG start-up Mitra has announced a merger with Tierra Agrotech in a deal valued at Rs 787crore transaction, said the company in a statement. The company also plans to list on the Bombay Stock Exchange (BSE)...
Shriram Finance gets shareholders’ nod for MUFG deal-linked proposals, sources say
India’s Shriram Finance shareholders voted in favour of three proposals linked to the non-bank lender’s deal with Japanese investment bank MUFG signed last month, two sources with direct knowledge of the...
Saks Global files for bankruptcy due to heavy debt load months after Neiman Marcus takeover
Saks Global, a US luxury retail group, filed for bankruptcy protection late on Tuesday (January 13, 2026). The high-end department store conglomerate struggled with a substantial debt load due to multiple reasons...
OpenAI acquires healthcare startup Torch, deal pegged at $100 million
OpenAI on Monday announced that it has acquired healthtech startup Torch as part of its strategic push into artificial intelligence (AI)-powered healthcare tools. The deal is valued at about $100 million in equity...
L&T to acquire Sapura’s 40% stake in offshore shipping JV for Rs 122.4 crore
Engineering major Larsen & Toubro (L&T) on Monday said it will acquire the remaining 40% stake in L&T Sapura Shipping Private Limited (LTSSPL) from Sapura Nautical Power Pte Ltd for Rs 122.4 crore, making...
RedTape founders seek stake sale, eye Blackstone and KKR interest
Indian footwear firm RedTape’s founders are soliciting interest from Blackstone and KKR as they look to sell a majority stake or even their entire holding worth nearly $510 million, according to sources and a...
Uday Kotak’s family office acquires US snack brand Go Raw
USK Capital, the family office of billionaire banker Uday Kotak, on Tuesday acquired a US-based snacking brand, Go Raw. USK Capital has made the bet through the overseas direct investment route, which is its maiden...
