Housing finance company Weaver Services Pvt Ltd has acquired a majority stake in Centrum Housing Finance Ltd (CHFL). Weaver on Wednesday said it has completed raising ₹1,450 crore from Premji Invest, Lightspeed Venture...
Centre has no plans to exit Vodafone Idea: Jyotiraditya Scindia
Union communications minister Jyotiraditya Scindia said Indian telecom operators are among the healthiest globally, with the sector continuing to grow steadily. He added that the government is evaluating the next phase...
Kotak Mahindra Mutual Fund acquires stake in this recently listed healthcare stock
KMMF stated its acquisition of 175,164 equity shares in Park Medi World Limited. This move raised KMMF’s total shareholding in the company from 4.9988% to 5.0393%. The shares of Park Medi World Limited have a face...
SBI ties up with MUFG Bank to finance M&A, aviation and real estate deals
State Bank of India has entered into a strategic partnership with MUFG Bank to collaborate on financing mergers and acquisitions, aviation and real estate projects to support Indian and global clients, the lenders said...
Aster DM wins nod for Quality Care merger, paving way for $7 bn hospital giant
Aster DM Healthcare India Ltd has secured approval from its shareholders and unsecured trade creditors for its amalgamation with Blackstone-backed Quality Care India Ltd more than a year after the deal was announced...
Cygnet.One Acquires Majority Stake in Connectivity IT Services to Expand Managed IT Capabilities
Cygnet.One today announced the acquisition of a majority stake in Connectivity IT Services, a Managed IT Services firm with expertise in infrastructure management, value-added product distribution, and 24×7 ATS...
Accenture to buy connectivity division of Ziff Davis for $1.2 billion
Accenture Plc will acquire Ziff Davis Inc.’s Connectivity division for $1.2 billion, marking one of its largest deals in recent years and underlining the management’s aim to double its acquisition spend for the current...
Zenex Animal Health acquires majority stake in natural nutrition firm VievePharm
Animal health company Zenex Animal Health India has acquired a majority stake in Netherlands-based VievePharm, a specialist in natural animal nutrition, for an undisclosed sum, the company said on Friday. The deal gives...
Native acquires strategic stake in RPO venture Woven
Native has acquired a strategic stake in India-focused recruitment process outsourcing (RPO) venture Woven as part of its plan to build an integrated, end-to-end talent solutions platform, the companies said on Thursday...
Arm Holdings shares rise after Nvidia exits its entire $155.8M stake
Arm shares rose more than 1% in premarket trading on Wednesday (February 18) following the disclosure that Nvidia has sold its entire stake in the British semiconductor firm, signaling investor confidence in Arm’s...
Novartis AG to sell entire 70.68% stake for ₹1,445.89 crore in India unit; stock jumps 18%
Novartis India share price surged 18% in intra-day trade on Friday, February 20, after promoter Novartis AG agreed to sell its entire stake in the company, triggering a mandatory open offer and a complete change in...
Macquarie, Blackstone among bidders for Welspun’s green arm
Global private equity majors and strategic infrastructure investors including Macquarie, Actis, Blackstone and Sembcorp are preparing to bid for a controlling stake in Welspun Group’s clean-energy arm, Welspun New...
