Bharti Hexacom is likely to initiate a fresh valuation of its 3,400 telecom towers before inviting new bids from tower asset companies for their sale, said people with direct knowledge of the matter. The Bharti Airtel...
KPMG US and UK units buy 33% stake in India’s KGS for $210 million in first Big Four captive divestiture
The US and UK entities of KPMG International paid $210 million (about ₹1,808 crore) to jointly acquire a 33% stake in KPMG Global Services (KGS), from the professional services giant’s member firm in India, said...
Good Glamm in talks to sell MissMalini for Rs 4 crore amid cash crunch
The Good Glamm Group is in advanced discussions to sell its media and influencer talent management arm, MissMalini Entertainment, to marketing agency Creativefuel for around Rs 4 crore, according to people familiar with...
Remsons Industries acquires majority stake in electric 3-wheeler company Astro Motors
Auto component supplier Remsons Industries has announced that it has purchased a majority stake in Astro Motors, an electric three-wheeler manufacturer. The deal, worth Rs 14.22 crore, involves both equity and cash, it...
Power titans in fray for Statkraft’s India unit
Tata Power, Adani Green, KKR-backed Serentica Renewables and Greenko are among 15 suitors vying to acquire Norwegian state-run renewable power producer Statkraft’s India unit, said people familiar with the matter...
Belrise Industries acquires H-One India
IPO-bound auto components maker Belrise Industries on Friday announced the acquisition of the Indian arm of Japanese firm H-One Co. The move is aimed at expanding Belrise’s design and manufacturing capabilities...
Arihant Academy acquires Carmel Classes for Rs 10 crore
Education firm Arihant Academy on Thursday said it has acquired 100 per cent stake in Carmel Classes and Carmel Tuitions in a deal valued at USD 1.2 million (about Rs 10.2 crore). The deal covers a substantial...
Coromandel International seeks CCI nod to acquire majority stake in NACL Industries
Murugappa Group firm Coromandel International has sought fair trade regulator CCI approval to acquire a majority stake in NACL Industries. NACL, a listed entity, operates in the agro-chemical sector. It offers crop...
Indus puts towers buy from Bharti Hexacom on hold
Indus Towers has put on hold plans to acquire 3,400 telecom towers from Bharti Hexacom — a unit of Bharti Airtel. “….based on the intimation received from Bharti Hexacom, which has also been communicated by them to the...
Pine Labs gets NCLT nod to reverse flip Singapore entity
Digital payments firm Pine Labs has secured the nod from the National Company Law Tribunal (NCLT) to merge its Singapore entity with its India entity, thereby reverse flipping its parent entity back to India. Pine Labs...
Prada buys rival Versace for $1.38 billion to create Italian fashion powerhouse
Prada struck a deal on Thursday to buy smaller rival Versace from Capri Holdings for $1.375 billion, which includes its debt, in a move that unites two of the biggest names in Italian fashion. Prada is seeking to...
Alpha Wave in race for Carlyle’s 24% stake in Nxtra for ₹5,125 crore
Alpha Wave Global is circling Nxtra Data, the data centres business of telecom company Bharti Airtel, to acquire a significant stake in the company as Carlyle looks to monetise its five-year-old investment, said people...
