#merger
Jio Financial says BoFA's ₹18,268 cr to come by Dec; Jio Credit's product plans, strategy to be redrawn
The ₹18,268 crore infusion for a stake of a little less than 50% will come in by December once all regulatory approvals from the RBI and the Competition Commission of India are in place
CCI clears Go Digit Infoworks merger with insurer; Fairfax entity to hold 57.28% stake
The Competition Commission of India approved Go Digit Infoworks' merger with Go Digit General Insurance. This transaction will see Go Digit Infoworks Services merge into the insurer, which remains the surviving entity. Following the merger, the Fairfax group …
CCI okays upGrad-Unacademy merger, clears path for major edtech consolidation; details here
The Competition Commission of India has approved upGrad's acquisition of Unacademy's parent company, Sorting Hat Technologies.
Kotak Mahindra Bank to buy Deutsche Bank India retail , wealth business for Rs 282 crore
Realme India CEO Michael Guo exits as brand prepares to merge into Oppo ecosystem
Bharti Airtel raises stake in Airtel Africa to 79 per cent in transaction worth Rs 28,000 cr
Bharti Airtel has significantly boosted its stake in Airtel Africa to approximately 79 percent through a Rs 28,200 crore share-swap deal. This strategic move, involving a cashless exchange with promoter group entity ICIL, enhances Bharti Airtel's economic int…
Apollo Hospitals announces Rs 1,550 crore valuation for maternity and fertility business merger
Apollo Hospitals Enterprise Limited announces a merger valuing its maternity and fertility business at ₹1,550 crore, creating one of India's largest integrated care platforms.
Unacademy cofounder Sumit Jain quits ahead of upGrad acquisition
Sumit Jain has stepped down from his role in Unacademy, ahead of a potential merger with upGrad Education. Jain, who joined Unacademy in 2020, will continue as an advisor. His departure follows the companies filing for merger approval with the Competition Com…
PFC net up 3%, expects merger with REC by April 2027; flags concern over RBI norms
Power Finance Corporation and REC Ltd are planning to merge by April 1, 2027. This merger will create a single platform for financing India's power sector. Both companies have received in-principle approval for the restructuring. Legal and financial advisors …
Vodafone dials up full control of joint venture with Three in £4.3B deal
CK Hutchison takes early cash as UK mobile tie-up moves ahead of schedule Vodafone has struck a deal to take full ownership of VodafoneThree, the mobile network formed from last year's merger of its British operations with Three, in a move designed to acceler…
India's healthcare expansion faces a critical talent crunch, says Alisha Moopen
Aster DM Healthcare is gearing up for a significant upgrade, targeting a capacity of 15,000 beds by the fiscal year 2029. With plans driven by both natural growth and an ambitious merger, the company is optimistic about a surge in revenue and enhanced profit …
Aster DM targets 15,000 beds by FY30 post merger with Quality Care
The company seeks to raise its margins from 21% currently to 200-300 basis points higher over the next three years.
Major reports say OnePlus, Realme merge, but there's a lot still in the dark
A crucial report claimed that OnePlus has merged with another OPPO sub-brand, Realme; however, there's much that's still in the dark.
CCI clears Mizuho Securities stake purchase in Avendus Capital
The regulator also cleared the merger of agri firms into BN Agrochem Ltd and approved investments by Macquarie Group Ltd’s infrastructure fund in road asset entities.