Intel is in talks to acquire artificial intelligence processor maker SambaNova, which has been working with bankers to gauge interest from potential suitors, Bloomberg News reported on Thursday, citing people familiar...
Narayana Health acquires UK’s Practice Plus Group Hospitals in Rs 2,200 crore deal
Narayana Hrudayalaya Ltd, which runs the Narayana Health network, announced on Friday the acquisition of UK-based Practice Plus Group Hospitals in a deal valued at around Rs 2,200 crore (GBP 188.78 million). The...
Megha Engineering unit to acquire Neyveli Power from Abu Dhabi’s TAQA
A Megha Engineering and Infrastructures (MEIL) unit has acquired a 100% stake in TAQA Neyveli Power from Abu Dhabi National Energy Company PJSC for Rs. 926 crore, investment banking sources told ET. The acquisition by...
Core Scientific terminates $9 billion merger deal with CoreWeave
Crypto miner Core Scientific on Thursday ended its agreement to be sold to Nvidia-backed CoreWeave, after shareholders voted against the proposal. CoreWeave had struck an all-stock deal worth $9 billion to buy Core...
Netflix taps bank to explore bid for Warner Bros Discovery
Netflix is actively exploring a bid for Warner Bros Discovery’s studio and streaming business, retaining a financial advisor and gaining access to financial information, according to three sources familiar with...
Vodafone to buy German cloud specialist Skaylink for $204 million
Britain’s Vodafone on Thursday said it will acquire German cloud and digital transformation firm Skaylink for 175 million euros ($204.09 million) from private equity firm Waterland, in a push to expand its service...
MEIL Energy acquires 250 MW Lignite-based power plant in Tamil Nadu
MEIL Energy Private Limited, a wholly owned subsidiary of Megha Engineering and Infrastructures Ltd on Thursday announced the acquisition of 100 per cent stake in TAQA Neyveli Power Company Private Ltd from Abu Dhabi...
Reconstitution of NCLT Mumbai further delays Vedanta demerger; next hearing on November 12
The Vedanta demerger is delayed yet again as the National Company Law Tribunal (NCLT) on Wednesday deferred the matter to November 12, as the Mumbai bench, hearing the matter, has been reconstituted. The...
Goldman Sachs, Morgan Stanley buy Aditya Birla Capital stake in Rs 819 crore block deal
Aditya Birla Capital witnessed a major block deal worth Rs 819 crore on Tuesday as Advent International’s arm Jomei Investments sold 2.66 crore shares of the financial services arm of the Aditya Birla Group at Rs...
Advent International’s arm exits India’s Aditya Birla Capital, exchange data shows
U.S.-based private equity investor Advent International’s affiliate Jomei Investments has exited its entire 2% equity stake in India’s Aditya Birla Capital, exchange data showed on Tuesday. Jomei sold its 53...
Honda Motor acquires stake in OMC Power to develop clean energy batteries
Indian renewables firm OMC Power, backed by Japan’s Mitsui & Co and Chubu Electric Power, said on Monday that automaker Honda Motor has acquired a stake in the company to jointly develop clean energy storage...
Huntington Bank to acquire Cadence Bank for $7.4 billion; stock falls
Huntington Bancshares (HBAN) stock fell 5% early Monday, going below its 200-day line and 10-day moving average, as per the report by Investor’s Business Daily. HBAN shares are down 1.2% so far in 2025 through last...
