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CORPORATE ACQUISITIONS
President approves merger of REC with Power Finance CorporationThe President has approved the merger of REC Ltd into Power Finance Corporation. This move follows PFC's acquisition of a majority stake in...- Karnataka seeks fast-track central clearance for Rs 13,549-crore Bengaluru mobility projectsKarnataka Chief Minister D K Shivakumar urged Union Minister Manohar Lal Khattar to expedite approvals for infrastructure projects worth Rs...
- SBI in $1 billion funding for Sun Pharma’s US dealState Bank of India is set to commit up to $1 billion to fund Sun Pharmaceutical Industries Ltd.'s $12 billion acquisition of Organon & Co....
- Fadnavis approves 65 MahaRail projects, vows to make Maharashtra a railway level crossing-free stateMaharashtra Chief Minister Devendra Fadnavis has approved sixty-five railway infrastructure projects. These projects aim to eliminate railw...
- Incuspaze acquires coworking firm iKeva to scale operationsFlexible workspace operator Incuspaze has acquired coworking firm iKeva through a 100% buyout to strengthen its presence in Hyderabad and B...
- West Bengal charging electronics productionWhile the new BJP regime has begun identifying land parcels in the state for greenfield investments, establishing a land bank is a more tim...
- Saudi Arabia issues new property ownership rules for foreign companiesSaudi Arabia has updated rules for foreign companies wanting to buy property. These companies do not need to conduct business in the Kingdo...
- Nashik Kumbh Mela 2027: Maharashtra government approves Rs 2,267 crore to acquire 191.21 acres of landThe Maharashtra government has allocated Rs 2,267 crore toward acquiring land for the Sadhu Gram initiative. This area will be used for hos...
- DSV-Schenker: Why the world’s largest logistics integrations could reshape supply chains in IndiaAs DSV integrates DB Schenker to create a global logistics powerhouse, Naz Yusoff, DSV’s Regional Lead for Fairs & Events (APAC), outlines ...
- How Larry Ellison, Masayoshi Son, Michael Saylor AI crypto billionaires reshaping legacy wealth in 2026 markets shift?Oracle’s AI cloud surge, SoftBank’s OpenAI-backed rebound, and MicroStrategy’s Bitcoin strategy reflect a new billionaire era. Over $1 tril...
- Inox Clean Energy buys Vena's India energy business for Rs 6,000 croreInox Clean Energy is acquiring Vena Energy India's 6 GW renewable energy portfolio. This deal significantly expands Inox Clean's operationa...
- BofA taps Avendus dealmaker Anshul Gupta in major post-Mizuho exitBank of America is strengthening its India operations. Anshul Gupta joins from Avendus Capital to lead the investment banking division. Thi...
- Indian corporations poised to become large brand owners in US: Oyo founder Ritesh AgarwalIndian companies are poised to become significant brand owners in the United States. This shift will enhance India's global influence beyon...
- Two weeks into power in Kerala, Congress takes jibe at Adani, state’s largest investorThe Kerala Congress has questioned the Adani Group's business expansion. They suggest the government ask the Adani Group to declare its fut...
- China out, India in? The Japanese begin a quiet but powerful pivotJapanese banks are increasingly shifting their Asia strategy from China to India and Southeast Asia as slowing growth, rising costs and geo...
- Retail loan stress is the new growth driver for ARCsDuring 2025-26, ARCs acquired stressed debt worth more than Rs 2 lakh cr, comprising Rs 1.5 lakh cr of corporate loans and Rs 50,000 cr of ...
- Ambuja Cements to slow capacity additions until utilisation improvesAmbuja Cements plans to add new capacity after reaching optimal utilization. The company aims to reach 119 million tonnes capacity by fisca...
- Disney India leases 1.75 lakh sq ft office space in BengaluruIn a bold step, Disney India has finalized a substantial leasing agreement for a new office space in Bengaluru, covering nearly 1.75 lakh s...
- Oyo-parent Prism secures Sebi's nod to launch Rs 6,650-crore IPOOyo's parent company, Prism, has received approval from Sebi to proceed with its Rs 6,650 crore IPO. The company is expected to be valued b...
- Decentro secures final payment service provider licence at GIFT CityWith this, Decentro has become the first Indian payment aggregator to secure the approval. With the licence, Decentro has established an en...
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