Business News
Ahead of IPO, FMCG Company Mitra Announces INR 787 Cr Merger with Tierra Agrotech
Mitra founder Abhishek Kaushik will become Promoter and Managing Director of the merged entity.
Mergers and Acquisitions
Business News
KFin Technologies Acquires 51% Stake in Ascent Fund Services for $35 Mn
The addition of Ascent also brings a cross-border team of over 250 highly experienced domain experts into the KFintech Group, strengthening its client acquisition, product development, and delivery capabilities to service global asset managers.
Business News
M&A as a Growth Lever in 2025, As VC Funding Slows Down
In H1 2025 alone, there were 73 M&A deals, up from 54 in H1 2024. Notable transactions include Magma General Insurance's USD 516M sale to DS Group/Patanjali and HUL's USD 350M acquisition of Minimalist.
Business News
Airtel Partners with SpaceX to Bring Starlink Internet to India
The agreement positions Airtel and SpaceX to play a critical role in closing India's digital divide. By combining Airtel's market expertise with Starlink's satellite capabilities, the companies aim to provide reliable, high-speed internet to millions, ensuring that even the most remote areas of India are connected to the digital economy.
Business News
Tech M&As in India Lean Toward High-value Transactions
The technology sector in India saw a noticeable shift towards high-value transactions, with strategic moves focused on improving technological and operational capabilities.
Business News
Tata Power and ADB Join Forces to Accelerate India’s Clean Energy Transition with $4.25 Billion Partnership
The collaboration focuses on evaluating financing for transformative projects, including the 966 MW Solar-Wind Hybrid project, Pumped Hydro Storage Project, and other initiatives centered on energy transition, decarbonization, and battery storage.
Business News
Nokia Secures Multi-Billion-Dollar Deal with Bharti Airtel for 5G Deployment in India
The partnership includes the integration of Nokia's MantaRay Network Management platform, which leverages AI-driven tools for intelligent network monitoring, digital deployment, and optimization.
Business News
As Air India-Vistara Merger Completes, All Eyes On Transformation
Consequent to the merger of Vistara and Air India, Singapore Airlines, which held a 49 per ecnt share in Vistara, becomes a 25.1 per cent shareholder in the resultant Air India group
Business News
Tata Power Completes Strategic Acquisition of Paradeep Transmission Limited for INR 18.64 Crore
Tata Power has signed the Share Purchase Agreement ('SPA') and acquired 100 per cent equity stake in Paradeep Transmission Limited, a special purpose vehicle.
Business News
Tata Join Forces With Analog Devices Inc. to Bolster India’s Semiconductor Industry
Tata Electronics has entered into a strategic alliance with Analog Devices Inc. (ADI), a semiconductor company, to explore semiconductor manufacturing opportunities in India.
Business News
Helios Expands Premium Offerings with Introduction of U-BOAT Watches to India
With this launch, Helios expects to drive a 45 per cent increase in revenue, capitalizing on the growing demand for premium timepieces during India's festive season
Business News
Tata Electronics and ASMPT Forge Strategic Partnership to Bolster India’s Semiconductor Ecosystem
The state-of-the-art semiconductor fabs and assembly plants, developed with an investment of INR 1,18,000 crore, are expected to generate nearly 50,000 direct and indirect jobs, contributing significantly to India's economy and technological prowess.
Business News
Retail and Pharma Lead the Charge in July’s Deal Values: Grant Thornton Report
The retail and consumer sector drove the month's volumes, while the pharma sector led in terms of values and also contributed the second-highest volumes.
Business News
Paytm and Axis Bank Come Together to Enhance Transaction Efficiency via POS and Card Payment Devices
Paytm partners with Axis Bank to offer point of sales solutions and card payment devices
Business News
Fincare SFB Set to Merge with AU Small Finance Bank
The notification states the appointed date for the merger as Feb. 1, 2024. With this merger, AU SFB, the largest among small finance banks, will have its market capitalization reach slightly over INR 50,000 crore. The deal will see AU SFB acquire Fincare Small Finance Bank for INR 4,416 crore
Business News
VLCC In A Strategic Merger Acquires D2C Men’s Grooming Brand Ustraa
The beauty and skincare brand VLCC is acquiring the men's grooming, direct-to-consumer brand Ustraa through a combination of secondary buy-out and share swap.
By Kavya Pillai
Business News
Investors Predict a More Pronounced Consolidation Scenario in the Startup Ecosystem
The Indian startup scene would likely experience further consolidation from the perspective of investors. This happens as a result of the market's increasing rivalry and investors' ongoing search for methods to minimise risk and increase returns.
Business News
Sebi Sets Up Panel To Review Corporate Takeover Rules
The 20-member committee on review takeover regulations will be chaired by former Chief Justice of Punjab and Haryana High Court, Shiavax Jal Vazifdar
By Teena Jose
Business News
AUM Biosciences Plans To Become A Public Company
The merger allows AUM to further continue to focus on developing the scientifically differentiated portfolio
By Teena Jose
Business News
Deeptech Startup Spyne Acquires Travographer For an Undisclosed Amount
With this acquisition, Spyne expands its presence in the real estate market
Business News
Cult.fit Now Master Franchise Partner For Gold’s Gym
Cult.fit has picked majority stake in Gold's Gym's parent
Business News
BYJU’S closes Aakash Educational Services deal at $1 Billion
The strategic merger makes it the biggest acquisition by BYJU'S to date. Aakash founders and Blackstone to become shareholders in BYJU'S
Business News
Wipro To Acquire Capco For $1.45 Bn
This acquisition has been said to make Wipro one of the largest end-to-end global consulting, technology, and transformation service providers to the banking and financial services industry
Business News
RIL Acquires Majority Stake In skyTran
RIL acquired additional equity stake in its investee company skyTran for $26.76 million, increasing its shareholding to 54.46 per cent on a diluted basis
Business News
ixigo Acquires Online Train Ticket Booking Platform Confirmtkt
As part of the deal, founders of Confirmtkt will continue running the platform and ixigo founders will join its board
Business News
Uniphore Acquires Emotion Research Lab; Expands In Europe
This is Uniphore's second significant technology addition to its portfolio after acquiring RPA technology in October 2020
Business News
LEAD School Acquires AI-Powered Gamified Practice Startup QuizNext
The integration will bring new features for schools to serve their assessment needs while building practice habit in students through gamified elements and personalised recommendations
By Shipra Singh