As a first step in its plan to expand globally, Kadimi Tool Manufacturing Co. Pvt. Ltd., a player in the fastener and cold forging industry, recently acquired the US-based Rol-flo Engineering Inc. The Group also plans...
Economic Times
India plans special NCLT bench for cross-border insolvency cases to speed up resolutions
India plans to set up a special bench of the National Company Law Tribunal (NCLT) with trained manpower to handle cross-border insolvency cases once the new bankruptcy rules are notified, to fast-track proceedings...
Mega deals less likely, but media M&A show to stay strong in 2026
Media and entertainment deal activity is set to remain strong in 2026, with transactions increasingly concentrated in content, gaming, sports and AI-first companies with strong intellectual property (IP), say top...
Wipro Hydraulics to acquire majority stake in Italy’s Indeco Ind Spa
Wipro Hydraulics, a part of Wipro Infrastructure Engineering, on Thursday said it has signed a definitive agreement to acquire a majority stake in Italy-based Indeco Ind Spa. The acquisition will allow Wipro to expand...
Global funds, Adani, GMR, others in race for NIIF’s smart meter business
The sale process for IntelliSmart Infrastructure, which operates smart electricity metering systems of utilities, has drawn strong interest from global infrastructure investors and domestic smart meter manufacturers...
KKR-backed Baby Memorial to acquire 60% stake in Star Hospitals for ₹1,800 crore
KKR-backed Baby Memorial Hospital has agreed to buy a controlling stake in Hyderabad-based Star Hospitals for ₹1,800 crore, according to people familiar with the development. The deal pegs the value of Star Hospitals at...
Sammaan Capital sells Rs 5,000 crore loan portfolio to stressed loan aggregator Arcil
Non-banking finance company Sammaan Capital sold a Rs 5,000 crore loan portfolio to stressed loan aggregator Arcil, in one of the largest such loan sales in the just-ended fiscal year. The loan pool spans real estate...
Mindspace REIT acquires 51% stake in 2.6-million-sq-ft Chennai IT park for Rs 1,500 cr
Real estate investment trust Mindspace Business Parks REIT has acquired 51% stake in an information technology park spread over 2.6 million sq ft in Chennai for Rs 1,500 crore. The acquisition price includes the...
Marengo Asia Hospitals aims to raise ₹500 crore via 10% stake sale
Marengo Asia Hospitals is looking to raise ₹500 crore by selling a 10% stake to external investors, said people in the know. An information memorandum with details of the hospital chain’s financials was recently...
NCLAT adjourns hearing on Vedanta plea against selection of Adani’s bid for JAL
The National Company Law Appellate Tribunal (NCLAT) on Monday adjourned its hearing over mining giant Vedanta Group’s petitions against the selection of Adani Enterprises’ bid for debt-ridden Jaiprakash...
NCLAT upholds project-specific insolvency action for realty firms
The National Company Law Appellate Tribunal has reaffirmed that insolvency proceedings initiated by homebuyers against realty firms must remain confined to the specific project where default has occurred and cannot...
NCLT clears merger of Nirmal Lifestyle Realty with Oberoi Realty
The National Company Law Tribunal (NCLT) has approved the amalgamation of Nirmal Lifestyle Realty with listed developer Oberoi Realty, paving the way for consolidation within the latter’s group structure as it sharpens...
