Piramal Finance Ltd has issued a formal clarification to the stock exchanges after reports suggested that the non-bank lender was in talks to acquire Keertana Finserv as part of its planned entry into the gold loan...
PhysicsWallah increases stake in Utkarsh Classes to 76%
Edtech firm PhysicsWallah on Monday said that it has completed the third tranche of its investment in subsidiary Utkarsh Classes, infusing Rs 26.5 crore to increase its stake from 63.25% to 75.5%. The deal is part of a...
Sankey Prasad acquires 100% stake in Colliers Project Leaders Middle East
Sankey Prasad, a seasoned real estate entrepreneur and advisor with a four-decade track record spanning a global portfolio, has acquired 100% ownership of the Colliers Project Leaders (CPL) business in the Middle East...
Rajasthan Royals begins play to sell majority stake
Rajasthan Royals has initiated a process for offloading a majority stake in the sporting franchise at a time when investor interest in the Indian Premier League (IPL) remains strong, people aware of the sale process...
Virat Kohli to sell One8 to Agilitas Sports; invests Rs 40 crore for minority stake
Cricketer Virat Kohli is selling his sportswear and athleisure brand One8 to Agilitas Sports and investing Rs 40 crore to acquire a minority stake in the latter. Agilitas Sports is acquiring One8 eight months after...
Larsen & Toubro to consolidate real estate business
Larsen & Toubro has decided to transfer its real estate business, Realty, to L&T Realty Properties, a wholly owned subsidiary of the company, through a slump sale via a scheme of arrangement. This strategic...
Advent’s $1 billion deal talks for Whirlpool India stake said to have collapsed
Global private equity firm Advent International’s talks to acquire U.S. giant Whirlpool’s India unit for up to $1 billion have collapsed due to disagreements over valuation, four people familiar with the...
Birlas exit Kesoram Industries
B K Birla group company Kesoram Industries saw a churn in ownership on Friday as Frontier Warehousing Limited moved to acquire a controlling stake, marking the exit of the Birla family from the company after demerging...
SoftBank in talks to buy digital infra firm DigitalBridge
SoftBank is in talks to acquire digital infrastructure firm DigitalBridge, a source familiar with the matter told Reuters on Friday, as the Japanese conglomerate seeks to tap the firm’s AI-linked portfolio. The...
EQT Partners lines up $1 billion CitiusTech exit
EQT Partners is looking to raise nearly $1 billion (₹8,996 crore) by selling its entire 40% stake in CitiusTech, a global healthcare technology, analytics and consulting company, monetising its six-year-old investment...
Meta buys AI wearables startup Limitless
Meta on Friday confirmed it is buying Limitless, a US startup that makes a wearable pendant that records and summarises conversations and meetings with the help of artificial intelligence. Financial details of the deal...
NIIF to consider selling stake in smart power meter firm IntelliSmart
The National Investment and Infrastructure Fund is considering selling its 51% stake in IntelliSmart Infrastructure, according to people familiar with the matter. NIIF is working with an adviser and sounding out...
