December 13, 2024 06:39 (IST)
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UP teenager kills mother, lives with body for 5 days | At least six people including a child killed in Tamil Nadu hospital fire | Amid Atul Subhash row, SC says mere harassment is not enough to prove abetment to suicide | India's D Gukesh becomes youngest ever world champion in chess | Devendra Fadnavis meets PM Modi amid suspense over Maharashtra portfolio allocation | Congress wants to deviate the issue of Sonia Gandhi-George Soros link: JP Nadda | Bengaluru techie suicide: Atul Subhash's family demanded Rs. 10 lakh as dowry leading to my father's death, claims estranged wife | Syria rebels torch tomb of ousted president Bashar al-Assad's father | Donald Trump vows to eliminate birthright citizenship after taking charge | No alliance with Congress in Delhi polls: AAP chief Arvind Kejriwal

Reliace's Viacom18 officially acquires jiohotstar.com domain name

Dec 04, 2024, at 10:38 pm

Mumbai: Viacom18 Media Pvt Ltd, a subsidiary of Reliance Industries, has officially acquired ownership of the domain jiohotstar. com, concluding a prolonged period of legal and commercial disputes, Business Standard reported.

Adani Infra to buy 30% stake in construction firm PSP Projects in Rs 6.85 billion deal

Nov 20, 2024, at 03:46 am

Adani Infra, a subsidiary of Gautam Adani's flagship Adani Enterprises, will buy a 30.07% stake in construction firm PSP Projects for Rs 6.85 billion ($81.2 million), Reuters reported, citing a company announcement by the latter.

Max Healthcare acquires 64% stake in Jaypee Healthcare

Sep 14, 2024, at 07:14 am

Mumbai: Max Healthcare Institute Ltd.’s board has approved a strategic partnership with the Lakshdeep Group, promoters of Jaypee Healthcare Ltd. (JHL), by facilitating the repayment of JHL’s financial debts, media reports said.

GQG Partners raises stake in Patanjali Foods by 1.24% for Rs 835 cr

Sep 14, 2024, at 06:50 am

Mumbai: Billionaire Rajiv Jain-backed GQG Partners increased its stake in Patanjali Foods by acquiring a 1.24% holding from promoter group entity Patanjali Ayurved Ltd for approximately Rs 835 crore in an open market transaction on Friday, media reports said.

Edelweiss Alternatives backed platform acquires L&T Infrastructure Development Projects Ltd

Apr 12, 2024, at 02:44 am

Mumbai: Edelweiss Alternatives backed platform concludes acquisition of L&T Infrastructure Development Projects Limited (L&TIDPL)

CCI approves 7 proposals involving acquisition of shares across companies

Apr 03, 2024, at 06:37 am

New Delhi: In a slew of decisions, the Competition Commission of India (CCI) on Tuesday approved seven proposals that include acquisition of shares partly or 100 percent in transactions involving MG Motors, Max Life Insurance, Sharekhan Limited and others.

CCI approves 100% acquisition of Lanco Amarkantak Power by Adani Power

Mar 27, 2024, at 06:52 am

New Delhi: The Competition Commission of India (CCI) has approved the 100% acquisition of Lanco Amarkantak Power Limited by Adani Power Limited.

Adani Enterprises acquires France's Le Marche Duty Free SAS for 5,000 euros

Mar 07, 2024, at 04:41 am

Mumbai: Adani Enterprises on Wednesday said that its Dubai-based subsidiary, Ospree International FZCO, has purchased full ownership of France's Le Marche Duty Free SAS (LMDF) for 5,000 euros, media reported, citing a stock exchange filing.

Adani Power gets creditors' consent to acquire Lanco Amarkantak Power

Mar 06, 2024, at 05:34 am

Mumbai: Adani Power has obtained consent from creditors for its proposed acquisition of insolvent Lanco Amarkantak Power, the company said in a stock market filing.

Mubadala, Novo Holdings and CalPERS acquire minority stakes in Manipal Health Enterprises

Feb 08, 2024, at 06:01 am

Bangalore/Kolkata: Mubadala Investment Company (Mubadala), Novo Holdings and California Public Employees’ Retirement System (CalPERS) have acquired a minority stakes in Manipal Health Enterprises from Singapore-headquartered investment company Temasek.

CCI gives nod to JSW Group's acquisition of 38% stake in MG Motor India

Jan 24, 2024, at 04:55 am

New Delhi: The Competition Commission of India (CCI) has green-lit the proposed acquisition of up to 38 percent of MG Motor India by the JSW Group, led by Sajjan Jindal.

Haldiram's in talks to buy majority stake in Prataap Snacks: Report

Jan 19, 2024, at 06:06 am

India’s popular snacks company Haldiram's is in discussions to buy a majority stake in Prataap Snacks, media reports said.

Tata Consumer Products to acquire Capital Foods, the owner of Ching’s Secret and Smith & Jones brands

Jan 13, 2024, at 07:15 am

Mumbai: Tata Consumer Products on Friday announced its acquisition of a complete 100% stake in Capital Foods, the company that sells products under the brands Ching’s Secret and Smith & Jones, according to an exchange filing.

CCI green lights Nirma Ltd's acquisition of Glenmark Life Sciences

Dec 20, 2023, at 05:07 am

New Delhi: The Competition Commission of India (CCI) on Tuesday gave its nod to Nirma Limited to acquire the majority shares of Glenmark Life Sciences Limited.

Varun Beverages to buy Pepsi India's bottler in South Africa

Dec 20, 2023, at 02:56 am

Varun Beverages, the Pepsi India bottler, on Tuesday announced its plans to acquire The Beverage Company, a South Africa-based entity, in a deal valued at 13.2 billion rupees ($158.71 million), media reports said.

Adani Group takes over news agency IANS

Dec 17, 2023, at 03:18 am

New Delhi: Adani Group has acquired a majority 50.50% stake in New Delhi-based news agency IANS India Pvt Ltd (IANS), according to a regulatory filing by the business conglomerate.

Max Healthcare Institute acquires Lucknow's Starlit Medical Centre for Rs 940 crore

Dec 09, 2023, at 04:36 am

Lucknow (UP): In a strategic move to increase its footprint in Tier I and II cities, Max Healthcare Institute (MHIL) announced on Friday the completion of a share purchase agreement to acquire a 100% stake in Starlit Medical Centre.

SBI to increase stake in SBI Pension Funds to 80%

Dec 06, 2023, at 02:06 am

Mumbai: State Bank of India Tuesday said it plans to buy a 20 percent stake in SBI Pension Funds in SBI Pension Funds held by SBI Capital Markets.

Competition watchdog greenlights Abu Dhabi Ports' acquisition of Delanord Investments

Nov 30, 2023, at 06:50 am

New Delhi: The Competition Commission of India (CCI) has approved the acquisition of shareholding in Delanord Investments by Abu Dhabi Ports Company.

CCI approves Atlas 2022 Holdings' move to increase stake in Vodafone

Nov 30, 2023, at 06:47 am

New Delhi: The Competition Commission of India (CCI) has given the go-ahead for Atlas 2022 Holdings Limited to raise its ownership in Vodafone from 14.6% to just below 25%.

Adobe buys Bengaluru-based AI firm Rephrase.ai

Nov 23, 2023, at 03:24 am

Bengaluru: Adobe has bought Rephrase.ai, a Bengaluru-based company known for its artificial intelligence (AI)-based video creation platform. An internal communication at Adobe has verified this acquisition by the major US software company, reported ET.

Raymond Group to take over Maini Precision Products Ltd

Nov 04, 2023, at 04:44 am

Mumbai: Raymond Group has announced the acquisition of a 59.25 percent stake in Maini Precision Products Limited (MPPL) for Rs 682 crore funded by a mix of debt and internal accruals.

Manipal Hospitals completes acquisition of majority stake in Kolkata's AMRI Hospitals

Sep 21, 2023, at 08:26 am

Kolkata: Manipal Hospitals Wednesday announced the acquisition of an 84 percent stake in AMRI Hospitals Ltd, a subsidiary of the Emami Group, for an undisclosed amount, media reported.

CCI approves acquisition of Marnix Lux by Concentrix Corp and shareholding in combined company by shareholders of Marnix Lux

Jul 05, 2023, at 06:00 am

New Delhi: The Competition Commission of India (CCI) has approved the acquisition of Marnix Lux by Concentrix Corporation and shareholding in the combined company by the shareholders of Marnix Lux.

Rajnigandha pan masala maker DS Group buys chocolate brand LuvIT

Jun 07, 2023, at 04:45 am

New Delhi: FMCG major DS Group, popularly known for making Rajnigandha pan masala, on Tuesday announced the acquisition of The Good Stuff Pvt Ltd, which owns the LuvIt Chocolate and Confectionery brand.

BharatPe acquires 51% stake in Trillion Loans

May 03, 2023, at 11:37 pm

Mumbai/IBNS: Fintech group BharatPe Wednesday said it has completed its acquisition of a majority stake in Trillion Loans, a renowned NBFC (Non-Banking Financial Company) based out of Mumbai. The deal was completed in the month of April.

Fintech company ZestMoney to cut 20% workforce: Report

Apr 08, 2023, at 05:46 am

Bengaluru: ZestMoney, a buy now, pay later (BNPL) platform based in Bengaluru, is cutting 100 jobs, around 20% of its workforce, Business Standard reported.

Axis Bank completes Citibank India's consumer business buyout for Rs 11,600 cr

Mar 02, 2023, at 05:23 pm

Mumbai/IBNS: Axis Bank, India's fourth largest private sector bank, has acquired Citibank India's consumer business at Rs 11,603 crore.

Dabur to acquire 51 pc stake in Badshah Masala

Oct 27, 2022, at 01:23 am

Dabur Wednesday announced that it will acquire a 51 percent stake in Badshah Masala for a cash consideration of Rs 587.5 crore.

Gail to acquire debt-ridden JBF Petrochemicals as lenders approve transaction

Oct 19, 2022, at 02:44 am

New Delhi: India's leading gas trading, transmission, and petrochemicals company Gail Ltd has received the letter of intent from lenders, paving the way for the public sector firm to acquire the debt-ridden JBF Petrochemicals through the insolvency route, media reports said.