HAB Pharma and Signature Phytochemicals have completed a merger through a slump sale, bringing both companies under a single consolidated entity. Finalized in March 2026, the merger was undertaken to streamline...
Economic Times
RPSG, Inox, Hexa bid for Enel’s renewable energy projects in India
RP Sanjiv Goenka’s Purvah Green, Inox Clean Energy, and Hexa Climate have submitted binding financial bids to acquire Italian state-backed Enel Group’s operations in India, said people familiar with the...
CCI okays Blackstone, other investors’ proposal to acquire stake in AI firm Neysa Networks
Fair trade regulator CCI on Wednesday approved a proposal of Blackstone-backed PE funds and other investors to acquire a stake in AI acceleration cloud provider Neysa Networks. The development came after Neysa, in...
OfBusiness lending arm Oxyzo to acquire GoldenPi Tech, enter retail fixed income market
Gurugram-based lending company Oxyzo Financial Services is looking to acquire Rainmatter-backed GoldenPi Technologies, an online bond distribution platform, the company said in a note on May 19. Oxyzo is the financial...
NCLAT allows Lyka Labs appeal; asks Modi Lifecare to pay Rs 63 lakh or face insolvency proceedings
The NCLAT has allowed an appeal by Lyka Labs, overturning a previous order from the NCLT that had rejected its insolvency plea against Modi Lifecare Industries due to unpaid royalties stemming from a technical guidance...
Hearzap to acquire Amplifon India, expand network to 420 hearing care centres
Hearzap, a hearing care services provider, has signed an agreement to acquire Amplifon India, the Indian arm of Italian hearing care retailer Amplifon, as it looks to expand its footprint across the country. The deal...
Groww promoter group sells 0.23% stake for around Rs 250-260 crore
The promoter group at wealthtech startup Groww has sold around 0.23% stake in the company for approximately Rs 250-260 crore over the last few days, according to estimates based on stock exchange disclosures. Groww was...
How JSW Energies’ Rs 3,150-crore JSW Steel stake sale will help lower debt, Jefferies explains
Jefferies has turned more constructive on JSW Energy after its Rs 3,150 crore stake sale in JSW Steel to GQG and SBI Mutual Fund, saying the transaction should help improve leverage metrics and support the company’s...
Liberty Mutual Insurance raises stake in Indian venture
Liberty Mutual Insurance on Monday increased its stake in Liberty General Insurance to 74%, strengthening its presence in India’s non-life market. The move follows Liberty Mutual’s earlier increase in...
TVS Venu, Shruti Lohia-promoted firms to buy minority stakes in Jana Small Finance Bank
A family enterprise of TVS Motor Company chairman emeritus Venu Srinivasan and another firm owned by the daughter of Indorama Corporation founder SP Lohia will acquire a 14.5% stake in Jana Small Finance Bank. The TVS...
NextEra Energy strikes $66.8 billion deal for Dominion in bets on AI power demand
NextEra Energy will buy Dominion Energy in an all-stock transaction valued at about $66.8 billion, creating the world’s largest regulated electric utility by market value, as U.S. utilities race to meet surging...
PFC board clears next step for REC merger, seeks govt approval
Power Finance Corporation has moved a step closer to its proposed merger with REC Limited after its board approved seeking formal approval from the President of India for the transaction. In an exchange filing, PFC said...
