The strategic sale of IDBI Bank may stall as financial bids for the lender are lower than the floor price set by the government, people familiar with the matter said. The Centre may now need to halt the disinvestment...
Google completes $32-billion acquisition of cloud security startup Wiz
Google has completed its $32-billion acquisition of cloud security unicorn Wiz, formally bringing one of the biggest cybersecurity startups into Google Cloud, the companies announced in separate blog posts. Google...
Meta acquires AI agent network Moltbook: Report
Meta has acquired Moltbook, a recently viral social network where artificial intelligence agents interact with one another and discuss topics such as coding, according to a report by US publication Axios. As part of the...
Nova IVF picks up majority stake in Kerala’s CRAFT Hospitals at $40-mn valuation
Nova IVF Fertility, a Bengaluru-headquartered fertility services chain, has acquired a majority stake in CRAFT Hospitals, one of Kerala’s leading fertility centres, in a deal valuing the company at about $40 million...
Kedaara Capital gears up to sell Universal NutriScience for Rs 3,000 crore
Kedaara Capital, the homegrown private equity firm with about $5.5 billion in assets under management, along with other investors, is preparing to sell Universal NutriScience (UNS), one of India’s fast-growing...
Reliance Retail Limited acquires beauty and wellness brand ‘Pahadi Local’
Reliance Retail Limited, India’s largest retailer, on Monday, announced that it has completed the acquisition of the brand ‘Pahadi Local’ along with the business from Pahadi Goodness Private Limited...
ICICI Prudential AIF acquires Pune IT park asset to expand yield-focused office portfolio
An alternative investment fund managed by ICICI Prudential Asset Management Company has acquired a grade-A office asset in Pune, expanding its strategy of building a portfolio of income-generating commercial real estate...
Netflix acquires Ben Affleck’s AI film-tech firm
Netflix said on Thursday it has acquired InterPositive, a filmmaking technology company founded by Academy Award winner Ben Affleck that produces artificial intelligence-powered tools for movie production. Financial...
MakeMyTrip acquires majority stake in leading regional tour operator Flamingo Transworld
MakeMyTrip said on Thursday that it has entered into an agreement to acquire a majority stake in regional tour operator Flamingo Transworld. The company said over the last 30 years of its operations, Flamingo has...
Banijay, All3Media to merge entertainment businesses to create one of Europe’s largest multimedia product
Banijay Group and All3Media, owned by investment firm RedBird IMI, have agreed to merge their entertainment production businesses to create one of Europe’s largest multimedia production groups, the companies said...
Actis’ Athena Renewable Energy draws SEIT, IndiGrid, Anzen InvIT bids
Several private investors and trusts are in separate discussions to acquire Athena Renewable Energy, the Indian renewable energy platform owned by UK-based private equity firm Actis, multiple people aware of the...
CCI clears Central Bank’s additional stake buy in Generali Central insurance ventures
The Competition Commission of India announced on Tuesday that it has approved the acquisition of additional shareholding in Generali Central Insurance Company and Generali Central Life Insurance Company by Central Bank...
