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  • Yes Bank gets conditional approval from RBI for planned stake sale to Carlyle, Advent Dec 01, 2022 05:44 PM IST

    Yes Bank gets conditional approval from RBI for planned stake sale to Carlyle, Advent

    The proposed combination involves the acquisition of up to 10 percent each of the total paid-up share capital and voting rights of Yes Bank by CA Basque Investments and Verventa Holdings.

  • Wipro to acquire Pune-based industrial IoT product startup Linecraft.ai Dec 01, 2022 05:44 PM IST

    Wipro to acquire Pune-based industrial IoT product startup Linecraft.ai

    Linecraft.ai harnesses the power of both automation domain expertise and artificial intelligence (AI) & machine learning (ML) to empower manufacturers to get more productivity and quality improving operational efficiency on a real-time basis, according to a Wipro statement.

  • Biocon Biologics completes acquisition of Viatris' global biosimilars business Nov 29, 2022 07:58 PM IST

    Biocon Biologics completes acquisition of Viatris' global biosimilars business

    In February this year, Biocon Biologics inked a pact to acquire Viatris Inc's biosimilars business for consideration of up to USD 3.33 billion (about Rs 24,990 crore).

  • Lupin arm MedQuímica acquires rights to nine brands from Bausch Health Nov 28, 2022 07:26 PM IST

    Lupin arm MedQuímica acquires rights to nine brands from Bausch Health

    Lupin Limited announced that its wholly owned subsidiary in Brazil, MedQuímica Indústria Farmacêutica, signed a definitive agreement to acquire all rights to the nine medicines from Bausch subsidiary BL Indústria Ótica

  • Can edtech unicorn Vedantu pull an Aakash with Deeksha buy? Nov 28, 2022 11:07 AM IST

    Can edtech unicorn Vedantu pull an Aakash with Deeksha buy?

    Faced with falling demand for online classes, Vedantu is betting on a hybrid strategy, where it plans to offer online and offline coaching in rural and lower-tier towns at a lower price point.

  • PhonePe in talks to buy ZestMoney to bolster digital lending plans Nov 25, 2022 10:24 AM IST

    PhonePe in talks to buy ZestMoney to bolster digital lending plans

    The development comes at a time when PhonePe is in talks to raise a mega round of $450-500 million, likely to be led by General Atlantic.

  • Amisha Vora acquires Prabhudas Lilladher Group, ups stake to 96% Nov 16, 2022 03:30 PM IST

    Amisha Vora acquires Prabhudas Lilladher Group, ups stake to 96%

    Vora says quantitative research is the future and the company will work towards taking a lead in quant-based asset and wealth management services

  • Estee Lauder nears $2.8 billion deal to buy Tom Ford - FT Nov 12, 2022 08:58 AM IST

    Estee Lauder nears $2.8 billion deal to buy Tom Ford - FT

    The luxury brand, founded by fashion designer Tom Ford, entered into exclusive negotiations with Estee Lauder this week and a deal could be announced as early as Monday, the FT reported.

  • Adani Ports acquires 49.38% stake in Indian Oiltanking for Rs 1,050 crore Nov 09, 2022 05:29 PM IST

    Adani Ports acquires 49.38% stake in Indian Oiltanking for Rs 1,050 crore

    Under the agreement, Adani Ports will also acquire an additional 10 percent equity stake in IOT Utkal Energy Services Ltd, which is a 71.57 percent subsidiary of IOTL.

  • Timeline to complete acquisition of DB Power by Adani Power extended till November 30 Oct 31, 2022 07:19 PM IST

    Timeline to complete acquisition of DB Power by Adani Power extended till November 30

    "The parties (Adani Power and DB Power) to the proposed transaction have mutually agreed to extend the long stop date as 30th November 2022, or achieving the closing/completion," a BSE filing stated.

  • Dabur to acquire 51% stake in Badshah Masala for Rs 587.5 crore Oct 26, 2022 03:38 PM IST

    Dabur to acquire 51% stake in Badshah Masala for Rs 587.5 crore

    Dabur said the acquisition was in line with its strategic intent to expand its food business to Rs 500 crore in three years and expand into new adjacent categories. This will also mark Dabur's entry into the over Rs 25,000 crore branded spices and seasoning market in India.

  • Nazara Technologies to acquire 6.05% in Absolute Sports for Rs 20 crore Oct 21, 2022 05:42 PM IST

    Nazara Technologies to acquire 6.05% in Absolute Sports for Rs 20 crore

    Since Absolute Sports is a material subsidiary of Nazara Tech, the acquisition would fall under related party transactions

  • CCI clears Verventa Holdings, Carlyle Group's stake purchase in YES Bank Oct 20, 2022 09:13 PM IST

    CCI clears Verventa Holdings, Carlyle Group's stake purchase in YES Bank

    Both the private equity players will acquire up to 10 percent stake each in the private sector lender. Both the Carlyle Group and Verventa Holdings are set to pour money into the bank against 184.8 equity shares each and Rs 128.37 crore warrants each.

  • V-Mart acquires e-commerce startup LimeRoad for Rs 31 crore Oct 17, 2022 05:24 PM IST

    V-Mart acquires e-commerce startup LimeRoad for Rs 31 crore

    LimeRoad clocked a net revenue of Rs 179.95 crore in 2019-2020, which dropped to Rs 69 crore in 2021-2022

  • HUL in talks to acquire in Wellbeing Nutrition, Conscious Food: Reports Oct 17, 2022 11:18 AM IST

    HUL in talks to acquire in Wellbeing Nutrition, Conscious Food: Reports

    HUL is in talks to acquire majority stakes in Wellbeing Nutrition and Conscious Food to strengthen in-house product categories, according to reports

  • Rel Cap lenders allow Aditya Birla Capital to bid for Reliance Nippon Life Oct 16, 2022 10:59 PM IST

    Rel Cap lenders allow Aditya Birla Capital to bid for Reliance Nippon Life

    Reliance Nippon Life Insurance was the only subsidiary of Reliance Capital that had not received any bid when the deadline for submission of non-binding bids had ended on August 29.

  • Vedantu strengthens offline test prep foray with $40 mn Deeksha buy Oct 13, 2022 03:30 PM IST

    Vedantu strengthens offline test prep foray with $40 mn Deeksha buy

    Vamsi Krishna, co-founder of Vedantu said the edtech unicorn will work with Deeksha to scale in the three states where the latter has an offline footprint, and in time move to other cities. He added that Deeksha will continue to operate as a separate brand.

  • Bira 91 buys The Beer Cafe in all-stock deal: Report Oct 12, 2022 08:40 AM IST

    Bira 91 buys The Beer Cafe in all-stock deal: Report

    Bira 91 will get a retail presence through The Beer Cafe’s 33 outlets, while the pub chain gets the beer company’s support in innovations and supply chain.

  • Britannia acquires controlling stake in Kenafric Biscuits for Rs 9.2 crore Oct 03, 2022 09:03 PM IST

    Britannia acquires controlling stake in Kenafric Biscuits for Rs 9.2 crore

    "The object of the acquisition is manufacture and sale of biscuits in Kenya and African markets," Britannia informed the stock exchanges.

  • CCI clears acquisition of ports, power assets of Essar Group by ArcelorMittal Nippon Steel Sep 29, 2022 08:37 PM IST

    CCI clears acquisition of ports, power assets of Essar Group by ArcelorMittal Nippon Steel

    The deal covers port assets in Gujarat, Andhra Pradesh and Odisha as well as two power plants at Hazira and an electricity transmission line.

  • CCI approves acquisitions of Diliigent Power and DB Power by Adani Power Sep 29, 2022 08:09 PM IST

    CCI approves acquisitions of Diliigent Power and DB Power by Adani Power

    Adani Power is a publicly listed company with eight operational power plants in India.

  • Torrent Pharma makes an expensive bet to expand dermatology business Sep 29, 2022 09:15 AM IST

    Torrent Pharma makes an expensive bet to expand dermatology business

    The company is acquiring Curatio Healthcare at 6.9 times FY 23 estimated sales and 23 times operating earnings

  • Jubilant Food acquires 29.42% stake in Roadcast Tech Sep 26, 2022 08:51 PM IST

    Jubilant Food acquires 29.42% stake in Roadcast Tech

    The acquisition of the remaining 10.58 percent stake (on a fully diluted basis) is likely to be completed in another month’s time, by October 26, 2022.

  • Mahindra Logistics acquires B2B express business Rivigo Services Sep 26, 2022 08:28 PM IST

    Mahindra Logistics acquires B2B express business Rivigo Services

    Mahindra Logistics Ltd (MLL) will acquire the express business through a business transfer agreement (BTA), including the customers, team and assets of Rivigo's B2B express business and its technology platform.

  • Narayana Hrudayalaya's Shiva acquisition a smart growth booster Sep 12, 2022 09:28 AM IST

    Narayana Hrudayalaya's Shiva acquisition a smart growth booster

    Narayana Hrudayalaya is acquiring an orthopaedic and trauma hospital in Bengaluru for Rs 200 crore, adding capacity at an existing location