Agrochemical firm Crystal Crop Protection on Monday said it has acquired Bengaluru-based I&B Seeds as it seeks to strengthen its position in India’s vegetable and flower-seed segment. “The deal has been...
Hinduja Group needs DPIIT nod, too, for Reliance Capital buy
Anil Ambani-promoted Reliance Capital’s winning bidder Hinduja Group received central bank approval to acquire the financial services company, but the transaction cannot proceed until it is approved by the DPIIT...
Hero Electronix, backed by Suman Kant Munjal, plans to sell 30% stake in chip design firm Tessolve
Hero Electronix, backed by Suman Kant Munjal, is planning to sell a 25-30% stake in Bengaluru-based semiconductor design and engineering company Tessolve, cashing in on the growing investor appetite in the space, said...
Bandhan Financial Services acquires global IT company Genisys
Bandhan Financial Services Ltd (BFSL), the promoter of Bandhan Bank, has acquired global information technology and business process services provider Genisys group of companies, which has its origin in London. This...
European Commission clears Reliance-Disney merger deal
The European Commission has approved the creation of a joint venture, Star India, by Reliance Industries Ltd (RIL), The Walt Disney Co. (TWDC), and BTS Investment 1, the latter owned by James Murdoch and Uday Shankar...
Yatharth Hospital to acquire 60% stake in Faridabad-based facility
Yatharth Hospital and Trauma Care Services said its board has approved the acquisition of 60 per cent stake in a Faridabad-based hospital, which is yet to commence operations, at an enterprise value of Rs 152 crore. The...
Zydus to acquire Naturell, the maker of Ritebite Max Protein for Rs 390 crore
Zydus Wellness said it will enter into a definitive agreement to acquire Naturell, the maker of Ritebite Max Protein bars and snacks for Rs 390 crore in an all cash deal. The maker of Complan and Glucon-D said the...
Centrum to sell stakes in housing finance arm by March
The Centrum Group is likely to finalise the sale of its housing finance subsidiary by the end of this fiscal, with the odds evenly distributed between the possibility of a 100% sale and part monetisation. The group is...
Reliance New Energy acquires additional stake in sodium-ion battery major Faradion
Reliance New Energy (RNEL), a wholly-owned subsidiary of Reliance Industries, has acquired the remaining stake in sodium-ion battery technology company Faradion from existing shareholders, making it a wholly-owned...
National Company Law Tribunal clears Casper Pharma’s merger with Suven Pharmaceuticals
The Mumbai bench of the National Company Law Tribunal (NCLT) has approved Casper Pharma’s merger with listed drug maker, Suven Pharmaceuticals. In April 2022, Suven Pharmaceuticals acquired Casper Pharma (CPPL) for...
Fortis Healthcare gets CCI nod to acquire additional stake in Agilus Diagnostics for Rs 1,780 cr
The competition watchdog CCI on Tuesday approved Fortis Healthcare’s proposal to acquire an additional 31.52 per cent stake in Agilus Diagnostics. Multi-speciality hospital chain Fortis Healthcare Ltd (FHL) is...
Lockton gets IRDAI nod to buy Arihant Insurance Broking
American insurance broker Lockton has received approval from I Insurance Regulatory and Development Authority of India (IRDAI) to acquire Arihant Insurance Broking Services Limited, part of the Arihant Capital Group...
