Food delivery company Zomato has completed the acquisition of Paytm subsidiaries WEPL and OTPL for the entertainment ticketing business, the company said in its filing with the exchanges. On August 21, the Deepinder...
Dailyhunt parent VerSe Innovation buys majority stake in data provider Valueleaf
VerSe Innovation, the parent of news aggregator Dailyhunt and short-video sharing app Josh, has acquired a majority stake in Valueleaf Group, an India-focused digital marketing agency. Through this deal, VerSe aims to...
ChrysCap in advanced talks to acquire homegrown The Belgian Waffle Co
Private equity firm ChrysCapital is close to acquiring homegrown desserts chain The Belgian Waffle Co., three people aware of the development said, in a deal that values the nine-year-old company at ₹1,300 crore...
Adani Power gets NCLT nod to to acquire Lanco Amarkantak Power for ₹4,101 crore
Adani Power announced on Thursday that the Hyderabad bench of the National Company Law Tribunal (NCLT) has approved its plan to acquire Lanco Amarkantak Power Ltd (LAPL) with an upfront payment of ₹4,101 crore. LAPL is...
SBI Mutual Funds get RBI approval to acquire 9.99% stake in Karur Vysya Bank, increasing its presence in banking sector
Karur Vysya Bank (KVB) on 23 August announced that the Reserve Bank of India (RBI) granted its approval for SBI Mutual Fund (SBI MF) to acquire up to 9.99 per cent of the bank’s paid-up share capital or voting...
Birla Fertility acquires IVF chain BabyScience in ₹500-crore push for 100 clinics by FY28
Birla Fertility & IVF has completed the acquisition of BabyScience IVF Clinics, founder Avanti Birla told Mint. The acquisition, its second in three months, will strengthen the company’s presence in the western part...
NCLT dismisses petitions by minority shareholders opposing delisting of ICICI Securities
The Mumbai bench of the National Company Law Tribunal has dismissed applications filed by minority shareholders opposing the delisting of ICICI Securities, while allowing the company to go ahead with the plan. The...
Oaktree Is Near Deal to Buy Majority Stake in Two B. Riley Units
Oaktree Capital is in exclusive talks to acquire a majority stake in two businesses owned by B. Riley Financial Inc., according to people with knowledge of the matter. B.. Riley shares rose as much as 14%. Oaktree is...
Zomato to buy Paytm’s movie and events ticketing biz for ₹2,048 crore
Zomato is set to acquire Paytm’s entertainment and ticketing business for ₹2,048.4 crore or $244 million, as the food delivery giant aims to strengthen its presence in the “going-out” sector...
Axis Bank to sell stake in finance unit, looks at listing too
Axis Bank may bring a strategic investor for Axis Finance or even consider a public listing of the non-banking subsidiary, a top executive said. The decision was prompted by the banking regulator’s discomfort with...
Wells Fargo to sell its non-agency third-party Commercial Mortgage Servicing business to Trimont
Wells Fargo on Tuesday agreed to sell its non-agency third-party Commercial Mortgage Servicing business to Trimont, a move that will make the firm the largest servicer of commercial real estate securitized debt in the...
Cyient approves sale of 14.50% stake worth 1.15 crore shares in Cyient DLM via block deal
Information technology (IT) services company Cyient announced on Tuesday, August 20, that its board approved the sale of a 14.5 per cent stake in its subsidiary Cyient DLM Ltd through a block deal. Cyient plans to close...
