M&A
UltraTech Cement in talks to acquire Heidelberg Cements India Ltd
28 Jan 2025
Aditya Birla Group company UltraTech Cement, the country’s biggest cement manufacturer, is reported to be in talks to acquire Heidelberg Cement India Ltd
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.