Kolkata-headquartered integrated metal producer Shyam Metalics and Energy Ltd has announced the acquisition of Indore-based Mittal Corp Ltd to expand its footprint in stainless steel, wire rod and bar mill businesses...
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Mensa acquires MensXP, iDiva, and Hypp from Times Internet
Mensa Brand Technologies Private Limited, which owns a clutch of direct-to-consumer companies under Mensa Brands, has partnered with India Lifestyle Network to acquire lifestyle portals MensXP, iDiva, and creator...
Indifi Technologies picks minority stake in BizeeBuy
Accel-backed lending platform Indifi Technologies Pvt Ltd announced that it has acquired a minority stake in Intellifi Technologies Private Limited, which operates B2B (business-to-business) service platform BizeeBuy...
Binance.US to Buy Assets of Bankrupt Crypto Lender Voyager, Eyes More Acquisitions
The U.S. arm of Binance, the world’s largest cryptocurrency exchange by trading volume, has agreed to buy the assets of bankrupt crypto lender Voyager Digital. Voyager resumed its search for a buyer after the collapse...
Samara Cap leads race for Birla’s insurance biz
Amazon.com Inc.’s Indian private equity partner Samara Capital has emerged as the frontrunner to buy the insurance broking unit of Aditya Birla Capital Ltd, two people directly aware of the development said on the...
Jet engineers move SC against resolution plan
An association of Jet Airways maintenance engineers has filed a petition in the Supreme Court against the airline’s resolution plan, claiming the plan ignores workers’ rights, and the liquidation value of the debt-laden...
KFin promoter to offload small stake via secondary sale
KFin Technologies’ (KFintec) initial public offering will open on Monday, December 19. This issue will be an offer for sale by the promoter General Atlantic Singapore to offload stake amounting to ₹1500 crore through...
How HDFC, HDFC Bank merger will shake up India’s debt market
India’s biggest merger ever will likely take away from the rupee bond market one of its top issuers, an absence that may weigh on debt sales and arrangement fees for banks. The consolidation of Housing Development...
Tamo approves partial divestment possibility in TTL
Tata Motors’ board has accorded in -principle to the company to consider partial divestment of its stake in Tata Technologies, which is due to go public In the current fiscal year (FY23). “…..the IPO...
Microsoft buys stake in London Stock Exchange
Microsoft Corp. will take a 4% stake in the London Stock Exchange’s corporate parent and provide cloud computer services for the financial markets company, in a deal that reflects the growing use of data and tech in...
NTPC plans to sell PTC stake, hires consultant
State-run power major NTPC Ltd is planning to sell its stake in India’s largest power trading firm PTC India Ltd, two people aware of the matter said. India’s largest power generation firm has appointed a consultant for...
Govt may revise offshore M&A regulation threshold
The government is likely to periodically revise the proposed ₹2,000 crore deal value threshold for mandatory Competition Commission of India (CCI) approval for global mergers and acquisitions with an India play...
