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MERGER WITH DIGITAL WORLD ACQUISITION CORP
FICCI makes recommendations to FM ahead of Budget 2027-28, highlights LTCG exemption, TDS relief and faster tax appealsFICCI has recommended the restoration of long-term capital gains tax exemption on listed shares in Budget 2027-28. The organization highlig...
IT firms turn to acquisitions to boost revenue growthThe contribution rose to $147-148 million in the July-September period, reflecting a full quarter of consolidation. The acquisition has the...
Japan Investment Corp to sell JSR to Mitsui Chemicals in an over $8.20 bn deal: ReportJapan Investment Corp intends to sell its semiconductor materials subsidiary JSR to Mitsui Chemicals in a significant transaction. This dea...
SBI targets 14-15 pc credit growth, govt may revisit LTCG tax amid FPI outflows: Chairman CS SettySpeaking exclusively to following the bank's Q2 FY27 financial results presentation, Setty expressed confidence in sustaining credit growth...
NTT Data to nearly triple Mangaluru workforce to over 2,500 by 2027The company entered Mangaluru through its acquisition of local cloud engineering company Niveus Solutions, and is looking to use the city a...
Stocks in news: Reliance Industries, Jio Platforms, M&M, CDSL, ITC, NTPC, IOCL and Hero MotoCorpIndian equity benchmarks closed higher on Friday, with significant gains recorded in the Nifty 50 and BSE Sensex. Several major companies, ...
Hinduja's Gulf Oil scouts acquisitions in Asia, South America ahead of global listingHinduja Group-owned Gulf Oil Lubricants plans to re-enter Mexico and the US in 2027 as it accelerates overseas expansion and scouts acquisi...
Ascentium eyes India acquisitions to build Asia-focused global services platformSingapore-headquartered Ascentium is looking to expand its India presence through acquisitions as it builds an Asia-focused global corporat...
CCI clears Prosus' proposal to acquire stake in Sachin Bansal-led NaviCompetition Commission of India has approved Prosus' acquisition of a stake in Navi Ltd. This move aims to enhance Prosus' position in Indi...
CBDT tightens merger rules for charity trusts, imposes five-year curbs on changing objectivesThe Central Board of Direct Taxes (CBDT) has made it mandatory for organisations merging with another registered non-profit to inform the I...
CCI clears five major deals across food, energy, fintech and telecom sectorsCCI has granted approval for five significant business transactions in sectors like food services and renewable energy. The merger of Sapph...
French billionaire Xavier Niel gets CCI approval to acquire 16.2% stake in VodafoneXavier Niel's investment vehicle, Vega SAS, has obtained approval from the Competition Commission of India to purchase a 16.2 percent stake...
CCI approves Adani acquisition of IntellismartAdani Energy Solutions has received approval to acquire IntelliSmart Infrastructure, establishing a major presence in smart meters. This ac...
AG Poly Packs merges Gujarat subsidiary as group revenue reaches Rs 300 croreAG Poly Packs Pvt. Ltd. is consolidating operations by merging its subsidiary AG Petuela Pvt. Ltd. into the parent company. This merger fol...
US DOJ is inquiring about Nvidia's purchase of Hugging FaceThe Justice Department's recent questioning covers Nvidia's acquisitions, investments, sales practices, and whether the chip designer has e...
FinTech M&A outlook improves, but investors remain selective on valuations: ReportValuations of fintech companies have come under pressure across several segments as investors reassess businesses, while global fintech dea...
Elon Musk's public backing for SpaceX-Tesla tie-up sparks fears of shareholder scrutinyElon Musk's endorsement of a potential $3.5 trillion SpaceX and Tesla merger has sparked shareholder concerns. Insiders worry his comments ...