JSW Energy on Wednesday said its arm JSW Neo Energy has completed the acquisition of 4.7 GW renewable energy platform from O2 Power for an enterprise value of Rs 12,468 crore. The total installed capacity now stands at...
Nuvoco Vistas gets NCLT nod to acquire Vadraj Cement
The Mumbai bench of the National Company Law Tribunal has approved Vadraj Cement’s acquisition by Nirma group-owned listed cement maker Nuvoco Vistas Corp Ltd. Gujarat-based Vadraj Cement, formerly owned by ABG...
BlueStone, Elevation Capital-backed Aye Finance get Sebi nod for IPO
Jewellery retailer BlueStone and Elevation Capital-backed Aye Finance on Wednesday received the market regulator’s approval to raise funds through initial public offerings (IPO). Both companies filed their...
Vedanta looks to go for four-way business split
Metals maven Anil Agarwal-owned Vedanta is considering trimming its proposed demerger into four units, from the originally planned six and later reduced to five, after a corporate tribunal blocked the spin-off of its...
Milwaukee Brewers acquire Quinn Priester from Boston Red Sox in exchange for prospect, draft pick
On Monday, the Milwaukee Brewers disclosed that they had acquired right-handed pitcher Quinn Priester from the Boston Red Sox. The Red Sox, in return, will also get a 2025 Competitive Balance Round A draft selection and...
ITC shares in focus after completing Rs 131 cr acquisition of Ample Foods
Shares of FMCG major ITC are expected to remain in focus when markets open on Monday, April 7, following the company’s announcement of acquiring a significant stake in Ample Foods Private Limited (AFPL) for...
Haldiram’s Nagpur & Delhi branches complete merger
“A new chapter begins and it’s a significant one,” ethnic snacks maker Haldiram’s chief executive KK Chutani wrote on social media platform LinkedIn on Monday afternoon, to announce the merger of two family entities...
CATL in talks to buy controlling stake in Nio’s power unit, sources say
Chinese battery giant CATL is in talks to buy a controlling stake in electric vehicle maker Nio’s power unit, which runs more than 3,000 battery swapping stations in China, four people with knowledge of the matter...
Tata Motors demerger, business split update: Shareholders to vote on May 6
Tata Motors has announced that it will convene a meeting of its equity shareholders on May 6, to vote on a proposed Composite Scheme of Arrangement involving the reorganization of its commercial and passenger vehicle...
Delhivery to acquire Ecom Express in a cut-price deal for Rs 1,407 crore
New-age logistics firm Delhivery said it will acquire rival Ecom Express for Rs 1,407 crore in what is among the biggest consolidation moves in the sector. The all-cash deal is a distress sale for the struggling Gurgaon...
Jindal Power, Czech company Sev.en in race to acquire Apraava’s thermal project
Naveen Jindal-owned Jindal Power is competing with Sev.en Global Investments of the Czech Republic to acquire the 1,320-MW Jhajjar thermal power project in Haryana from Apraava Energy (formerly CLP India) as demand for...
Jindal Steel to acquire Allied Strips for Rs 217.5 crore
Jindal Steel and Power has acquired Allied Strips Limited (ASL), a Haryana-based manufacturer of steel-based products, for Rs 217.53 crore in cash. The acquisition was done through Jindal Steel Odisha (JSO), a wholly...
