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KSK MAHANADI POWER ACQUISITION
In key structural shift, debt becomes the big new vehicle as Indian IT goes deal-shoppingIndian IT firms are increasingly embracing debt financing for major acquisitions, a departure from their traditional debt-free approach. Th...
Adar Poonawalla Family Office invests Rs 700 crore in Inox CleanAdar Poonawalla's family office has injected Rs 700 crore into Inox Clean Energy, This significant investment bolsters Inox Clean's integra...
Coal India production drops 7.5 pc in Q1Coal India Limited (CIL) reported a 7.5% dip in production to 169.6 million tonnes during the first quarter of the current fiscal year, des...
Saints & Masters expands multi-cloud play with Xencia acquisitionThe deal comprises a mix of equity, debt and share swap, and follows S&M's earlier acquisition of AWS partner Nubinix Technologies in March...
Reliance Power shares soar 18%, snap 4-day losing streak. What’s triggering the sharp surge?Reliance Power shares rose sharply on Wednesday, snapping a four-day losing streak after the company announced plans to expand into artific...
Railtel Corp shares gain over 2% after firm wins Rs 108 crore order from Mahanadi CoalfieldsRailtel Corporation's shares surged after announcing a significant Rs 107.61 crore order from Mahanadi Coalfields for an MPLS VPN network. ...
RBI opens bank lending for acquisitions under new frameworkIndia's banking sector is set for a major overhaul with the RBI's new acquisition finance framework, effective today. This move integrates ...
BoB, Mizuho Bank forge partnership to enhance collaboration in M&A financingBank of Baroda has joined forces with Japan's Mizuho Bank to boost their capabilities in mergers and acquisitions financing. This collabora...
Inside Oyo’s FY26 profit; Gaming founders seek GST reprieveOyo parent Prism, which filed its updated IPO papers, reported a strong profit in the April-December period, courtesy of an unlikely source...
Kotak Mahindra Bank to acquire Deutsche Bank's India retail banking businessKotak Mahindra Bank has significantly expanded its footprint by acquiring Deutsche Bank's retail, private banking, and wealth management op...
Persistent CEO brushes off market rout, says Nagarro growth will reward investorsPersistent Systems' shares came under pressure on Monday with investor concerns over the deal's size, execution risks and the uncertainty a...
'Creditors can't seek claims beyond okayed resolution plan'Creditors seeking duplicate recoveries from group companies after a resolution plan is finalized will be disappointed, the NCLT ruled. JM F...
Essar picks former Adani executive Muthukumaran as group CFOMuthukumaran was previously chief financial officer of Adani Ports and Special Economic Zone but had quit the assignment in February as per...
Aastha Spintex IPO off to a steady start; issue subscribed 52% on Day 1. Check GMP & key detailsAastha Spintex IPO saw a steady start on Day 1, subscribed 52% by mid-session, with strong NII demand leading the response. The issue carri...
Banks, power finance and infrastructure to lead next leg of market rally: Pankaj PandeyIndia's banking sector is poised for a rally, fueled by robust credit growth, easing deposit pressures, and stable asset quality, according...
Avoid expensive themes, focus on valuations and stock picking: Samit VartakIndian equities have rebounded significantly, yet investor sentiment remains cautious due to ongoing geopolitical uncertainties. Despite th...
Aastha Spintex IPO opens for subscription. Check GMP, brokerages review and other detailsThe company plans to utilise the proceeds for the acquisition of Falcon Yarns, funding the working capital requirements of Falcon Yarns and...
EMA Partners India acquires digital RPO services provider Taggd in Rs 95 crore all-cash dealEMA Partners India has acquired Taggd, a digital RPO provider, for Rs 95 crore in an all-cash deal. This strategic move integrates executiv...
Power sector stocks regain momentum on rising electricity demand and strong investment cycleRising electricity demand and a strong investment cycle lift outlook for power companies.
JSW Energy acquires MCCPL to strengthen thermal portfolioJSW Energy is acquiring Maruti Clean Coal & Power Limited for Rs 1,410 crore. This move supports JSW Energy's goal of reaching 30GW capacit...