Anant Raj Ltd has constituted a committee to evaluate potential demerger for the data center business and has appointed Anish Sarin, Grandson of Ashok Sarin as Director. The company reported significant growth in...
Economic Times
Siemens eyes exit from cancer care chain American Oncology Institute
Global medical technology major Siemens Healthineers plans to exit the Hyderabad-based cancer care chain American Oncology Institute (AOI), multiple sources aware of the development told ET. The deal is expected to...
TVS, other investors keen to buy into Jana Small Finance Bank
A clutch of new investors, including Venu Srinivasan-led TVS Venu Group, would buy into Jana Small Finance Bank, while the lender’s long-time partner TPG Capital is likely to partially reduce its stake, people...
Government gives final nod to Emirates NBD’s $3 billion majority stake in RBL Bank
Dubai-based Emirates NBD has received all regulatory and governmental approvals including from the Government of India for its acquisition of a majority controlling stake in RBL Bank Limited, paving the way for the...
CCI clears Adani Power’s GVK buy, other deals
The Competition Commission of India (CCI) on Tuesday said it has cleared four deals, including Adani Power’s proposed acquisition of GVK Energy and the purchase of a stake in Ctrl S Datacenters by an arm of Canada...
Peak XV, Sequoia, other funds to sell a part of Groww stakes in Rs 4,750-cr deal
A clutch of funds, including Peak XV Partners and Sequoia, would be selling a portion of their stakes in new-age digital brokerage Groww in a ₹4,750-crore block deal Tuesday, according to a term sheet of the proposed...
Mark Zuckerberg backed-Cellular Intelligence acquires Novo Nordisk’s Parkinson’s cell therapy
Meta CEO Mark Zuckerberg-backed Cellular Intelligence has acquired Danish drugmaker Novo Nordisk’s cell therapy candidate for Parkinson’s disease, the biotech firm said on Monday. Last October, Novo Nordisk...
Nexus Trust may buy Galaxy’s Guwahati project for ₹1,300 crore
Blackstone-backed Nexus Select Trust is in the final stages of acquiring Galaxy Group’s mixed-use asset in Guwahati for around ₹1,300 crore, demonstrating evident institutional appetite for consumption-themed...
Avi Polymers to acquire 90% stake in JVTR Consultants at Rs 500 crore valuation
Avi Polymers on Thursday said its board has approved the acquisition of a 90 per cent stake in JVTR Consultants through a share swap arrangement at an indicative valuation of Rs 500 crore. The proposed acquisition marks...
Dorf-Ketal enters water treatment space with Vasu Chemicals acquisition deal
Dorf-Ketal Chemicals India, a global specialty chemicals company, has acquired the water treatment business of Vasu Chemicals LLP, marking its entry into the industrial water treatment sector in India. Vasu Chemicals is...
EQT emerges sole bidder for OmniActive Health Technologies
Swedish private equity firm EQT has emerged as the sole contender to acquire Sanjaya Mariwala-promoted OmniActive Health Technologies, after the only competing bid for the nutraceuticals manufacturer and exporter was...
InMobi acquires AI platform MobileAction to drive growth in iOS ecosystem
Softbank-backed advertising technology firm InMobi has acquired San Francisco-based MobileAction for an undisclosed amount to strengthen its presence in Apple’s iOS space, the company said on Thursday. Founded in...
