ONGC NTPC Green Pvt Ltd (ONGPL), an equal joint venture between ONGC Green and NTPC Green, is set to acquire a 100% stake in Ayana Renewable Power for $700-750 million, according to people with knowledge of the matter...
Star Cement denies reports of acquisition talks with Adani Group
Star Cement on Wednesday dismissed reports suggesting that Adani Group’s Ambuja Cement is evaluating a potential acquisition of the company to expand its presence in the North East. The company labeled the claims as...
Kotak Pre-IPO fund to buy into diagnostic chain Neuberg
Kotak Pre IPO Opportunities Fund is in advanced discussions to acquire an about 15% stake in Neuberg Diagnostics, a diagnostics chain owned by serial healthcare entrepreneur GSK Velu, said people aware of the...
Vodafone to sell its 3% stake in Indus Towers for over $300 million
UK’s Vodafone Group Plc is selling its remaining 3% stake in Indus Towers in an over $300-million block deal and fully exiting the Indian tower company, which is now a Bharti Airtel subsidiary. The Indus stake...
Russia approves $320 mln sale of Carlsberg assets to local businessmen, document shows
Russia’s government has approved the sale of Danish brewer Carlsberg’s assets in Russia to VG Invest, a local firm with links to brewery holdings, for 34 billion roubles ($320.75 million), a government...
Carlyle Group sells 4.3% in Indegene for ₹636 cr
Global investment firm Carlyle Group through its arm divested a 4.3% stake in healthcare tech firm Indegene for ₹636 crore through an open market transaction. According to the bulk deal data available on the National...
Allen Institute held talks to acquire Unacademy valuing edtech firm at $800 million in a cut-price deal: s
Unacademy has held extended discussions with offline test preparation centre Allen Career Institute for a potential sale that could value the edtech firm at $800 million, or less than a quarter of its peak valuation of...
Amagi acquires Argoid AI to address streaming industry challenges
Amagi, a Bangalore-based unicorn and global leader in cloud-based SaaS technology for broadcast and connected TV (CTV), has acquired Argoid AI, a cutting-edge AI company specialising in recommendation engines and...
Fairfax India to buy 10% more in Bangalore airport
Fairfax India Holdings Corporation Tuesday said it is buying an additional 10% stake in Bangalore International Airport Ltd (BIAL) for $255 million (₹2,160 crore), entrenching its foothold in one of India’s...
Government not considering PSU bank merger: MoS Finance
The government is not considering merger of public sector banks, Minister of State for Finance Pankaj Chaudhary said on Tuesday. In a written reply to a question in the Rajya Sabha, he said several steps have been taken...
KKR close to buying cancer chain HCG
KKR is close to acquiring Healthcare Global Enterprises Ltd (HCG), the country’s largest speciality cancer care hospital chain, from another private equity firm CVC Capital Partners, said people aware of the matter. The...
IBBI extends deadline to file liquidation forms to December 31
The Insolvency and Bankruptcy Board of India (IBBI) on Monday extended the deadline for filing forms to monitor liquidations by a month to December 31. The extension follows a request by liquidators and Insolvency...
