Strides Pharma International AG, a step‑down subsidiary of Bengaluru-based Strides Pharma Science, has entered into definitive agreements with Sandoz AG, Switzerland and its group entities for the acquisition and...
Leela Palaces Hotels acquires luxury resort in Coorg
Leela Palaces Hotels and Resorts on Tuesday announced the acquisition of an ultra-luxury resort in Coorg, Karnataka. The Leela Coorg Forest Sanctuary extends the hospitality player’s portfolio into one of South...
Apple acquires visual effects plugins company MotionVFX
Apple has acquired Polish visual effects software company MotionVFX, bringing one of its third-party creators in the Final Cut Pro ecosystem into its fold. The company confirmed the acquisition in a blog post on Monday...
Ola Electric plans to raise Rs 2,000 crore via stake sale in Ola Cell Technologies
Ola Electric Mobility, which has lost nearly three-fourths of its stock value since its initial share sale in 2024, plans to raise around Rs 2,000 crore by offering investors a stake in its subsidiary Ola Cell...
IDBI Bank divestment scrapped? LIC, govt-owned bank clarifies after stock tanks
IDBI Bank on Monday said it cannot confirm or deny media reports suggesting the government may scrap the proposed majority stake sale in the lender, stating that the strategic disinvestment process is confidential and...
NCLAT restores insolvency appeal filed against Dilip Buildcon
The National Company Law Appellate Tribunal (NCLAT) on Monday restored an insolvency appeal against Dilip Buildcon, a construction and infrastructure development company. A two-member bench of the NCLAT on December 12...
MakeMyTrip eyes domestic listing after restructuring India business
Nasdaq-listed MakeMyTrip is evaluating a potential listing of its India business, a move that could open the company to domestic institutional and retail investors, while strengthening its position in its largest market...
Swiss technology firm Centiel plans to go public in April
Swiss technology firm Centiel plans to go public on the Swiss stock exchange in mid-April by merging with HT5, a holding company that is already listed there, targeting a market capitalisation of 166 million Swiss...
ReNew sells 11% stake in unit for $95 million
ReNew Monday said it sold around 11% stake in its commercial and industrial (C&I) power generation power unit to three investors-Leapfrog Investments, Emerging Market Climate Action Fund, and Carlyle AlpInvest. The...
Ronnie Screwvala’s Upgrad to acquire Unacademy in all-stock deal
Ronnie Screwvala-led Upgrad would acquire Unacademy in an all-stock deal, according to the SoftBank-backed test prep company’s founder Gaurav Munjal. “Neither side will disclose the valuation until closing, when...
NARCL to buy Kurukshetra e-way debt
Government-backed National Asset Reconstruction Company (NARCL) is set to acquire the Rs 1,500 crore debt of Kurukshetra Expressway (KEPL) because no other buyer has offered a better price, said a person familiar with...
JSW, ST Telemedia among firms eyeing stake in Vodafone Idea
Singapore-based ST Telemedia and India’s JSW Group have joined a few domestic and global investors that are in discussions with Vodafone Idea (Vi) for acquiring a potential stake, people aware of the matter said. The...
