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FINANCIAL ACQUISITION NEWS
ICICI Prudential AMC to buy ISecs' PMS businessICICI Prudential AMC's board approved acquiring ICICI Securities' PMS business. This acquisition will broaden the company's existing portfo...- Russia to India via train? Moscow floats ambitious railway route, says link "should be explored"India-Russia Rail Link: Russia is investigating innovative overland rail routes to connect with India, seeking to lessen reliance on mariti...
- Nazara’s new raise; PEs gravitate to startupsHappy Friday! Nazara Technologies will raise funds via a preferential issue. This and more in today’s ETtech Morning Dispatch.
- Impact of MDR’s return; KKR veterans to anchor new fundHappy Thursday! Competition in the payments space may change with merchant fees on UPI potentially making a comeback. This and more in toda...
- Sarvam raises $75 million; Ather trims losses in Q1AI startup Sarvam will raise $75 million as part of a larger funding round. This and more in today’s ETtech Top 5.
- These large- and mid-cap stocks can give more than 25% return in 1 year, according to analystsThe price of crude oil is down again despite the escalating tensions in the Gulf region. That augurs well for markets. This does not mean t...
- SML Mahindra shares rally over 18% on acquisition of M&M’s truck division. What it means for shareholders?SML Mahindra shares surged on Thursday after the company announced the Rs 525 crore acquisition of Mahindra & Mahindra's Truck and Bus Divi...
- CBIZ Sold for $5 Billion: Grant Thornton mega deal creates fifth-largest US accounting services firmGrant Thornton Advisors is acquiring CBIZ for five billion dollars. This significant transaction will create the nation's fifth-largest pro...
- Global Earnings | Nomura's first-quarter profit jumps 39%, boosted by marketsNomura Holdings experienced a remarkable 39% net income surge in the first quarter, driven by favorable market volatility and unprecedented...
- Warren Buffett, Isaac Newton and the fourth law of moneySomewhere between what your investments earn and what you actually keep, a portion goes missing every year. It is charged by nobody you cou...
- Infosys’ next CEO; Swiggy renews Indian-ownership bidInfosys announced on Thursday that company veteran Ashiss Kumar Dash will be the CEO from April 2027. This and more in today’s ETtech Top 5.
- A look at billionaire Adani's businesses as he weighs starting an airlineGautam Adani's conglomerate is exploring a new airline venture. The group already operates eight airports across India. Adani Ports manages...
- Eternal’s robust Q1; Meta faces content-blocking allegationsEternal reported a jump in its net profit on the back of Blinkit's improving operating performance. This and more in today’s ETtech Morning...
- Bira 91’s Ankur Jain steps down; Data centre safety under reviewHappy Wednesday! Bira 91 maker B9 Beverages founder Ankur Jain has stepped down from the board. This and more in today’s ETtech Morning Dis...
- Stocks in news: IndusInd Bank, Adani Green, Eternal, Maruti Suzuki, Bandhan BankIndian markets closed marginally higher after balancing mixed global cues and positive earnings. Adani Energy Solutions reported significan...
- TCS-OpenAI deal takes shape; Paytm's AI betTCS has secured land in Vizag and Pune that could host OpenAI's first data centres in India. This and more in today's ETtech Top 5.
- Mrs Bectors Food shares surge 30% in 4 days after Sunil Singhania's Abakkus acquires 1% stake. Do you own?Mrs Bectors Food shares extended their four-day rally to nearly 30% after Abakkus Investment Managers acquired a 0.96% stake through a bulk...
- Aurum PropTech to buy News Corp-backed Housing.com owner in Rs 458 cr share-swapAurum PropTech will acquire Housing. com from REA Group for Rs 458 crore. This significant consolidation move will create India's largest p...
- ITC Hotels Q1 Results: Net profit jumps 35% to Rs 180 crore; acquires GHK Hospitality for Rs 155 croreITC Hotels reported a thirty-six percent rise in net profit for the first quarter. Consolidated revenue from operations also increased comp...
- Hyundai Motor to buy SoftBank's remaining stake in Boston DynamicsHyundai Motor Group is acquiring SoftBank's stake in Boston Dynamics. This move aims to integrate advanced robotics into Hyundai's manufact...
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