Beauty and fashion retailer Nykaa, owned by Falguni Nayar’s FSN E-Commerce Ventures, is in negotiations with actress Deepika Padukone’s premium skincare brand 82°E to acquire a majority stake in the latter...
Economic Times
TPG to buy NIIF Green Infra NBFC Aseem for Rs 4,000 cr
US buyout group TPG, along with consortium partners ICICI Bank and GIC of Singapore, has agreed to buy non-bank lender Aseem Infrastructure Finance Ltd (AIFL) for Rs 4,000 crore as it looks to accelerate green funding...
Emami Ltd to acquire 100% stake in Axiom Ayurveda in deal worth up to ₹200 crore
Emami Ltd is set to acquire full control of Axiom Ayurveda Pvt Ltd, marking a decisive push into the fast-growing health and wellness beverage segment. The Kolkata-headquartered company said it has signed a definitive...
TVS Venu Group to buy PGIM India’s asset management business
TVS Venu Group Thursday said it has signed definitive agreements to acquire the asset management business of PGIM India Asset Management from Prudential Financial. The transaction will see TVS Venu Group, through TVS...
RBI clears Emirates NBD to acquire up to 74% stake in RBL Bank; lender to become foreign bank post acquisition
Indian banking regulator the Reserve Bank of India (RBI) has granted approval to Emirates NBD Bank (P.J.S.C) to acquire up to 74% stake in RBL Bank, marking a potential shift in ownership and strategic direction. The...
OpenAI acquires tech talk show TBPN
ChatGPT-maker OpenAI has acquired online talk show TBPN. However, OpenAI did not reveal the terms of the deal. OpenAI confirmed that TBPN will remain editorially independent, keeping full control over its programming...
Dhan in talks to acquire Elevation Capital-backed Infinyte Club in cash and equity deal
Stock trading platform Dhan is in talks to acquire wealthtech startup Infinyte Club for around $10 million in a mix of cash and equity, according to people in the know. Founded in 2023 by Ankita Tandon and Joylita...
Franklin Templeton to acquire CoinFund spinoff to expand crypto push
Investment manager Franklin Templeton said on Wednesday it had agreed to acquire cryptocurrency investment unit 250 Digital, spun out of venture firm CoinFund, as it steps up its expansion into digital assets. The...
Intel to buy back Apollo stake in Ireland factory for $14.2 billion
Intel said it would spend $14.2 billion to buy back the 49% stake it sold to Apollo Global Management in its Ireland manufacturing facility, taking full ownership of the plant as its finances improve and AI drives...
RBL Bank gets RBI nod for Emirates NBD stake buy; Sebi approval awaited
Private sector lender RBL Bank has received the Reserve Bank of India’s approval for its proposed deal with Emirates NBD Bank, according to sources familiar with the matter. Approval from market regulator Sebi is also...
Inox Clean Energy completes Rs 5,000-crore acquisition of Vibrant Energy
Inox Clean Energy on Wednesday said it has completed the acquisition of Vibrant Energy from Macquarie Corporate Holdings Pty Limited and other shareholders at an enterprise value of Rs 5,000 crore. The acquisition has...
Vedanta extends demerger deadline to June 30
Vedanta Ltd on Tuesday said it has extended the deadline for its proposed demerger to June 30, as approvals from certain government authorities remain pending and are still being processed. “Since certain...
