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FUND ACQUISITIONS
Goldman Sachs, Morgan Stanley and others buy stake in Rs 1,960 crore Lenskart block dealADIA-backed Platinum Jasmine A 2018 Trust sold a 2.3% stake in Lenskart through a Rs 1,960 crore block deal. The transaction attracted stro...
ED arrests ex-Haryana government official in IDFC Bank fraud caseNaresh Kumar was arrested on June 10 under the provisions of the Prevention of Money Laundering Act (PMLA), 2002. He was produced before a ...
Adani Energy buys IntelliSmart in Rs 3,050-cr deal, becomes India's largest smart metering platformAdani Energy Solutions Ltd (AESL) has acquired IntelliSmart Infrastructure Pvt Ltd for Rs 3,050 crore, significantly expanding its smart me...
ADIA to sell Rs 1,944 crore Lenskart stake days after SoftBank exitAbu Dhabi Investment Authority (ADIA) is set to divest up to 2.3% of its stake in eyewear retailer Lenskart for approximately Rs 1,944 cror...
Paramount, Warner Bros deal under EU subsidy scrutiny, decision due July 14A massive $110 billion deal for Warner Bros Discovery by Paramount Skydance Corp faces European Union scrutiny. Gulf sovereign wealth funds...
ASK Property Fund to raise Rs 3,500 crore for housing-focused debt strategyASK Property Fund is launching a new Rs 3,500 crore debt fund. This fund will finance residential projects in key Indian cities like Mumbai...
To win the deep-tech race, India needs ‘General Innovation Rules’India is launching ambitious science initiatives. However, current financial rules designed for conventional procurement hinder R&D. A new ...
Adani Energy to buy IntelliSmart for ₹3,050 croreAdani Energy Solutions (AESL) is set to acquire smart metering company IntelliSmart Infrastructure for ₹3,050 crore, bolstering its positio...
Adani Energy Solutions to acquire IntelliSmart for Rs 3,050 crore, to become India's largest smart metering platformAdani Energy Solutions Limited is acquiring IntelliSmart Infrastructure Private Limited for Rs 3,050 crore. This deal will create India's l...
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....
India's climate-tech funding reaches $12.8 billion across 1,583 startups & 17 yearsIndia's climate-tech sector has attracted significant investment, with startups raising $12.8 billion by June 2026. Driven by decarbonisati...
Edelweiss Alternatives’ Subahoo Chordia quits, likely to launch own fundSubahoo Chordia, a key figure at Edelweiss Alternatives, has departed to launch his own infrastructure fund. He was instrumental in buildin...
Founders Fund launches Mafia, a game show starring Silicon Valley DonsThe debut episode features 13 players well-known in the tech space, such as OpenAI CEO Sam Altman, fitness personality Bryan Johnson, messa...
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...
Blackstone-backed AirTrunk to invest $30 billion in India, develop 5 GW data centre capacity by 2030AirTrunk plans a massive investment of over 3 lakh crore rupees in India by 2030. This will develop more than 5 gigawatts of digital infras...
Congress questions LIC's 10.8% stake in SEBI-probed Rajesh ExportsSEBI has barred Rajesh Exports promoter and CEO Rajesh Mehta from trading securities. The regulator alleges a gigantic scam involving misre...
Fintech WeRize raises $7 million led by Sony Innovation FundBengaluru-based fintech WeRize has secured $7 million in a funding round led by Sony Innovation Fund. The capital will bolster its AI and t...
SoftBank sells Rs 2,873 crore worth of Lenskart shares in block deal to Goldman Sachs and other investorsLenskart Solutions saw a major stake sale as SoftBank offloaded shares worth about Rs 2,873 crore through a block deal. The transaction dre...
IT firms spend big on acquisitions as AI hits growthIndian IT companies are buying smaller companies to boost growth. Acquisitions are happening due to AI's impact on pricing and organic grow...
Scripbox acquires wealth manager Bluechip Capital to expand offeringsWithout disclosing the financial details of the deal, Scripbox said that post the acquisition, Bluechip’s employees and clients would becom...