M&A
ABB acquiring Dutch energy management company Sensorfact
22 Jan 2025
Electrical and instrumentation technology leader ABB is acquiring Dutch energy management company, Sensorfact BV
Perplexity AI seeks to merge with TikTok US: report
20 Jan 2025
The AI-assisted search engine startup, Perplexity AI, wants to merge with the short-video social media platform, TikTok, in the United States, where that company is facing certain ban
India, Nepal to jointly develop 900 MW Upper Karnali hydro power project in Nepal
17 Jan 2025
India and Nepal will jointly develop the 900 MW Upper Karnali hydro-electric project over River Karnali, the largest hydro-electric power project in Nepal.
Biden administration delays enforcement of order blocking Nippon Steel and U.S. Steel deal
By Axel Miller | 13 Jan 2025
The Biden administration has delayed enforcing its order for Nippon Steel to abandon its $14.9 billion bid for U.S. Steel until June
GSK to acquire biotech company IDRx for up to $1.15 billion
By Cygnus | 13 Jan 2025
British pharmaceutical titan GSK has announced its intention to acquire the Boston-based biotech innovator IDRx for up to $1.15 billion.
Berger, JSW look to acquire Akzo Nobel’s decorative paints business in India
11 Jan 2025
Berger Paints and JSW Paints are looking at acquiring Akzo Nobel, the maker of Dulux paints, as the Dutch multinational has started a review if its decorative pains business in South Asia.
CCI approves Tata Electronic’s proposal to acquire Pegatron India
08 Jan 2025
Competition Commission of India (CCI) has approved the proposed acquisition of majority shareholding of Pegatron Technology India Pvt Ltd by Tata Electronics Pvt Ltd
RBI lets HDFC Bank buy up to 9.5% each in AU SFB. Kotak Mahindra and Capital Small Finance Bank
05 Jan 2025
The Reserve Bank of India (RBI) has approved HDFC Bank’s proposal to acquire a 9.5 per cent stake in AU Small Finance Bank, Kotak Mahindra Bank and Capital Small Finance Bank.
President Joe Biden blocks Nippon Steel’s acquisition of US Steel
04 Jan 2025
US President Joe Biden has blocked Japanese steel major Nippon Steel’s proposed acquisition of US Steel by invoking provisions of the defence production and national security Acts.
Nippon Steel awaits Joe Biden’s approval for US Steel acquisition
01 Jan 2025
Nippon Steel Corporation has said its proposed acquisition of US steel is awaiting President Joe Biden’s approval.
Adani Enterprises to exit Adani Wilmar, sell entire 43.94% stake
31 Dec 2024
Adani Enterprises Ltd (AEL) is exiting its joint venture Adani Wilmar Ltd (AWL) by selling its entire 43.94 per cent equity stake.
JSW Neo Energy to acquire O2 Power for Rs12,468 crore
29 Dec 2024
JSW Neo Energy Limited, the renewable energy arm of JSW Energy Ltd will acquire O2 Power Pooling Pte Ltd, a 4,696 MW renewable energy platform, for an enterprise value of Rs12,468 crore ($1.47 billion).
Adani Enterprises buys 26% stake in Gidhmuri Paturia Collieries
28 Dec 2024
Adani Enterprises Ltd (AEL), the flagship company of the Gautam Adani Group, has acquired 26 per cent interest in Gidhmuri Paturia Collieries Private Limited (GPCPL)
N Srinivasan resigns as CEO and MD of India Cements as Aditya Birla Group takes control
26 Dec 2024
N Srinivasan on Wednesday stepped down as chief executive officer and managing director of India Cements, as Aditya Birla Group flagship UltraTech
Adani Defence acquires MRO Air Works for Rs400 crore
25 Dec 2024
Adani Group has acquired an 85.8 per cent stake in Air Works, India’s largest and, perhaps, the oldest maintenance,
Honda, Nissan and Mitsubishi Motors sign MoU on collaboration
24 Dec 2024
Japanese car makers Honda Motor Co, Nissan Motor Co and Mitsubishi Motors Corporation on Monday signed a memorandum of understanding
EU approves Nvidia's $700 million deal to acquire Run:ai
24 Dec 2024
The European Commission, the executive arm of the European Union (EU), has approved Nvidia’s $700 million deal to acquire Israel-based GPU chipmaker Run:ai
Reliance Digital Health to acquire 45% stake in Health Alliance Group for $10 million
23 Dec 2024
Reliance Digital Health Ltd (RDHL), a wholly-owned subsidiary of Reliance Industries Ltd (RIL), has agreed to acquire 45 per cent equity stake in Health Alliance Group
News Corp to sell Foxtel to DAZN for $2.1 billion
23 Dec 2024
Rupert Murdock-led News Corporation has agreed to sell its loss-making digital platform Foxtel to DAZN Group Ltd, a UK-based sports streaming platform, for an enterprise value of A$3.4 billion ($2.1 billion).
UltraTech gets CCI nod for acquiring majority stake in India Cements
23 Dec 2024
Aditya Bilrla Group flagship UltraTech Cement has received approval from the Competition Commission of India (CCI) for its proposed acquisition of a majority stake in India Cements Ltd
ABB to acquire power electronics business of Gamesa Electric in Spain
20 Dec 2024
Electrical and instrumentation major ABB has agreed to acquire the power electronics business of Gamesa Electric in Spain.
MoU between SIA-India and Ghana Space Science inked
By Venkatachari Jagannathan | 20 Dec 2024
The SatCom Industry Association-India (SIA-India) on Friday said it has inked a Memorandum of Understanding (MoU) with the Ghana Space Science and Technology Institute (GSSTI) for furthering collaboration in the satellite communication and space sector.
MoU between SIA-India and Ghana Space Science inked
By Venkatachari Jagannathan | 20 Dec 2024
The SatCom Industry Association-India (SIA-India) on Friday said it has inked a Memorandum of Understanding (MoU) with the Ghana Space Science and Technology Institute (GSSTI) for furthering collaboration in the satellite communication and space sector.
Reliance acquires 74% stake in Navi Mumbai IIA for Rs1,628 crore
16 Dec 2024
Reliance Industries Ltd (RIL) has completed the acquisition of 74 per cent equity stake in Navi Mumbai IIA Private Ltd (NMIIA), in a deal valued at Rs1,628 crore.
Hinduja Group to acquire Reliance Capital by end-January
15 Dec 2024
Hinduja Group company IndusInd International Holdings Ltd (IIHL) said it would complete the Rs9,861-crore acquisition of debt-laden Reliance Capital (RCap) by January 2025
Latest articles
Featured articles
As costs of saying final goodbyes rise UK families resort to crowdfunding to pay for funerals
By Axel Miller | 16 Jan 2025
The cost of saying a final goodbye to loved ones in the UK has reached a grim new high, leaving families grappling with unexpected financial burdens.
The life and times of Manmohan Singh, former Prime Minister of India
By Cygnus | 28 Dec 2024
On 27th December 2024 India and the world lost one of their finest statespersons in a hundred years. Manmohan Singh, born on 26th September 1932, in Gah, Punjab (now in Pakistan)
The remarkable Ratan Tata
By Kiron Kasbekar | 23 Oct 2024
One newspaper report of Ratan Tata’s passing away showed an old photo of him climbing into the cockpit of a Lockheed Martin F-16 fighter.
Lighter than air, yet very, very powerful
By Kiron Kasbekar | 03 Jan 2024
In March 2013 Chinese scientists pulled off a remarkable feat. They created the world’s lightest aerogel. Tipping the scales at a mere 0.16 milligrams per cubic centimeter – that’s a sixth of the weight of air!
COP28 explained: A closer look at COP28's climate change solutions
By Aniket Gupta | 27 Dec 2023
The 28th United Nations Climate Change Conference, also known as COP28, took place from 30th November 2023, to 13th December 2023, at Expo City in Dubai, United Arab Emirates.
What is a Ponzi scheme?
By Aniket Gupta | 06 Dec 2023
Ponzi schemes have long captivated the public imagination, drawing unsuspecting investors into a web of illusion and deception.
The Rise and Rise of HDFC Bank
03 Jul 2023
HDFC, which surged ahead of global majors like HSBC Holdings Plc and Citigroup Inc and left Indian peers like State Bank of India and ICICI Bank in market capitalisation, now ranks fourth largest among the world’s most valuable banks, after JPMorgan Chase & Co, Industrial and Commercial Bank of China Ltd and Bank of America Corp
India’s Millet Revolution To Enrich Global Food Basket
02 Apr 2023
Millets, a healthier and cheaper substitute to wheat and rice, are indigenous to many parts of the world, especially in the semiarid tropics of Asia and Africa, and offers a big scope for expanding production and consumption in the foodgrain deficient African continent
Market predator Hindenburg preys on Adani stock
06 Mar 2023
Almost a month after the damning report of short-seller Hindenburg Research on the Adani Group that claimed that the seven stocks within the group were about 85 per cent overvalued, one of the group's stocks, Adani Total Gas, closed at Rs835 on the BSE, down nearly 79 per cent from its 24 January level, almost close to reaching that valuation