INVESTMENT ACQUISITION
Beyond Appliances raises $2 million in round led by Fireside Ventures Dharana Capital and angel investors Livspace cofounders Saurabh Jain and Ramakant Sharma, Design Cafe founder Shezan Bhojani and former chief executive of TTK Prestige Chandru Kalro also participated in the funding round for the kitchen appliances s...
25 Nov, 2024, 06.00 AM ISTPAG to acquire Advent-owned Manjushree Technopack Asia-focused private equity fund PAG is set to acquire Manjushree Technopack Ltd., India's largest rigid plastic packaging company, for $1 billion. The deal will see US-based Advent International exit its investment in Manjushree, opting for a sale ...
22 Nov, 2024, 04.41 PM ISTNippon Life India buys office in Mumbai¡¯s Lower Parel for Rs 486 cr Nippon Life India Asset Management is set to acquire a two-floor office space in Mumbai's Lower Parel from Lodha for Rs 486 crore. The asset management firm plans to relocate its headquarters to this new 52,162 sq ft space. The deal was finalized on...
21 Nov, 2024, 10.15 PM IST- ADVERTISEMENT
360 ONE Asset acquires stake in OneSource Specialty Pharma 360 ONE Asset has acquired a stake in OneSource Specialty Pharma, a Contract Development and Manufacturing Organization (CDMO), for an undisclosed amount. The investment will support OneSource's innovation and global expansion plans. OneSource recen...
21 Nov, 2024, 06.24 PM ISTGlobal investment firm picks up 12.5% in UPL subsidiary for $350 million Alpha Wave Global is investing $350 million for a 12.5% stake in Advanta Enterprises Ltd, an Indian hybrid seeds company. The deal includes a primary investment of $100 million and a share purchase of $250 million from UPL, Advanta's parent company....
21 Nov, 2024, 09.48 AM ISTAdani Energy shares crash to hit 20% lower circuit after 100% acquisition of Pune-III Transmission Adani Energy Solutions' shares plummeted 20% after Gautam Adani and others faced charges in a US bribery and fraud case. This occurred despite the company's announcement of a 100% stake acquisition in Pune-III Transmission, aiming to enhance shareho...
21 Nov, 2024, 09.46 AM ISTWe plan to grow via M&As, double market capitalisation in 3-5 years: Anant Goenka, Vice Chairman, RPG Enterprises RPG Enterprises is actively pursuing strategic mergers and acquisitions (M&A) to fuel growth across its diverse portfolio of companies. The conglomerate aims to double its market capitalization within the next 3-5 years by capitalizing on infrastruc...
21 Nov, 2024, 09.25 AM ISTGodrej Properties shares to remain in focus after co acquires 53 acre land in Kolkata Godrej Properties has acquired a 53-acre land parcel in Kolkata, aiming to develop a residential plotted project with a revenue potential of Rs 500 crore. The project, located in Joka, is expected to offer 1.3 million square feet of saleable area. G...
21 Nov, 2024, 07.59 AM IST$94,000 Bitcoin hits fresh record high "Trump's seeming interest to push further into crypto on a personal level has contributed to optimism that crypto will be a top priority when Trump takes office," said Stephane Ouellette, chief executive officer of crypto trading firm FRNT Financial.
21 Nov, 2024, 05.40 AM ISTAdani Infra to buy 30% stake in PSP Projects for $81 million Adani Infra, owned by Gautam Adani's flagship company, is set to acquire a 30.07% stake in PSP Projects for $81.2 million. The deal will be followed by an open offer for further stake acquisition. This move strengthens Adani Group's presence in the ...
19 Nov, 2024, 07.04 PM ISTThe ¡°catalyst¡± effect in value investing Value investing involves identifying undervalued companies, but the key lies in recognizing the catalysts that can unlock their true potential. These catalysts, ranging from internal restructuring to external market shifts, act as triggers, propelli...
19 Nov, 2024, 11.33 AM ISTBharti Airtel shares in focus as Bharti Global acquires 24.5% stake in BT Group Bharti Global, the international arm of Bharti Enterprises, has acquired a 24.5% stake in BT Group for $4 billion, making it the largest shareholder in the UK telecom company. This marks Bharti’s second major international investment after Africa. T...
19 Nov, 2024, 08.56 AM ISTBharti Global completes acquisition of 24.5% stake in BT Group Bharti Global, the investment arm of Bharti Enterprises, has successfully acquired a 24.5% stake in BT Group, making it the majority shareholder in the UK's second-largest telecom company. This move signals Bharti's confidence in BT's future and its...
18 Nov, 2024, 10.44 PM ISTTelangana govt sanctions Rs 205 cr for Warangal Airport after GMR issues no objection certificate The Telangana government has allocated Rs 205 crore to acquire land for the expansion of Mamnoor Airport in Warangal. This decision follows the Airports Authority of India's (AAI) commitment to develop the airport for A-320 aircraft operations and G...
18 Nov, 2024, 09.34 AM ISTAditya Birla Group makes USD 20 bn investment as it sets eyes on scaling biz: KM Birla Aditya Birla Group, having invested USD 20 billion in manufacturing, aims to lead in its operational sectors. The company, prioritizing long-term growth, plans to double its cement business in the next decade. Chairman KM Birla highlighted the group...
16 Nov, 2024, 04.59 PM ISTMurugappa to buy Germany's Hubergroup; acquisition at an enterprise value of $310 million Murugappa Group is set to acquire Hubergroup, a German specialty chemicals company, for $310 million. The deal, financed through debt refinancing and equity infusion, will expand Murugappa's presence in the global print and packaging sector. Hubergr...
15 Nov, 2024, 12.17 AM ISTJapan's biggest bank looking for acquisition targets in booming India Mitsubishi UFJ Financial Group Inc., Japan's largest lender, is actively seeking acquisition targets in India to boost its presence in the country. MUFG aims to increase its investments in India and achieve annual returns of 20% within 10 years. The...
11 Nov, 2024, 09.22 AM ISTHouse of Abhinandan Lodha acquires over 352 acres in key cities for Rs 3,000 cr The House of Abhinandan Lodha (HoABL) has acquired over 352 acres of land across key Indian cities, including Khopoli, Nagpur, Amritsar, Vrindavan, Varanasi, and Shimla, for over ?3,000 crore. These land acquisitions, with a revenue potential of $1 ...
08 Nov, 2024, 01.11 PM ISTMacrotech Developers to buy out Bain Capital¡¯s stake in 3 joint entities Lodha, or Macrotech Developers, is acquiring Bain Capital's stake in three digital infrastructure entities for Rs 307 crore. This follows Lodha's acquisition of Ivanhoe's stake in September. These acquisitions align with Lodha's strategy to grow its...
07 Nov, 2024, 10.48 AM ISTKKR, Singtel gets Competition Commission's approval to acquire stake in STT GDC India's Competition Commission (CCI) has approved a significant investment deal. KKR and Singtel will acquire a stake in STT GDC, a major data center provider in Southeast Asia. The deal, valued at USD 1.3 billion with potential for further investme...
05 Nov, 2024, 09.45 PM IST