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FINANCIAL ACQUISITION
India nears accepting sweetened Fairfax offer for IDBI BankIndia's government is nearing acceptance of Fairfax Financial's offer for IDBI Bank. Fairfax may slightly increase its per-share bid for th...
Grasim shares in focus after subsidiary acquires Solenergi Power from Shell in $1.8 billion dealGrasim Industries' renewable energy arm will acquire Solenergi Power from Shell. This acquisition significantly expands its clean energy po...
Aditya Birla Renewables Acquires Sprng EnergyAditya Birla Renewables acquired Sprng Energy's holding company for Rs 17,200 crore. This significant deal catapults the company's generati...
Emcure buys remaining 12.05% in Gennova to take full controlEmcure Pharma is acquiring the remaining stake in Gennova Biopharmaceuticals. This move simplifies ownership and sharpens strategic focus f...
Tata Capital to buy 88.6% in Yogloans, enters gold loan businessTata Capital’s Yogloans buyout gives it an instant gold-loan platform, adding a high-yield secured product to its retail lending portfolio....
Tata Capital forays into gold loans with Yogloans acquisitionTata Capital is entering India's gold loan market by acquiring a majority stake in Yogloans. This strategic move expands their retail lendi...
Late-stage cheques go big at $86 million average this yearLate stage funding in India saw average deal sizes surge to about $86 million in the first half, driven by fewer but larger transactions. C...
ETtech Explainer: How the Meta-Manus deal came apart, and Tencent moved inChinese regulators ordered Meta to reverse its $2 billion acquisition of the company. Tencent is working with Manus' early investors, inclu...
Global Market | Tencent explores stake in AI Startup Manus after China challenges Meta deal: ReportsTencent is in talks to become the largest shareholder in AI startup Manus as investors seek to buy back the company from Meta after Chinese...
US Stock Market: Private credit lending slumps in Q2 despite rebound in fundraisingUS private credit funds raised significant capital in the second quarter. Direct lending activity, however, saw a sharp decline during the ...
Tencent in talks to become AI startup Manus' largest shareholderTencent, together with Manus' original investors, including ZhenFund and HSG, are planning to buy the company back from Meta for no less th...
Mukesh Bansal-led Nurix AI acquires Verloop to expand enterprise offeringsFounded in 2024, Nurix develops AI software for enterprises to automate customer support and other business processes. Through this deal, V...
Bengaluru second airport: Another location added to list of proposed sites; CM Shivakumar hints at where it could beHarohalli is now a fourth potential site for Bengaluru's second airport. The Karnataka government has deferred a final decision on the airp...
Blackstone, TPG seek over $4 billion for Hologic's surgical unitThe two firms are working with advisers on a sale of the division, which makes surgical equipment used by gynecologists, FT reported.
PayU will grow 25% across payments, credit over the next 18 months, says CEOOne of the early movers in the payments processing business, targeting small business and merchants, PayU has grown into a larger fintech f...
M3M India lines up Rs 2,500 crore for land acquisitionM3M India will invest Rs 2,500 crore in land acquisition over coming months. The company plans to accelerate construction of its extensive ...
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...