AUTO TVS Srichakra Entity To Acquire 51% Stake In EV Tech Co Weber Drivetrain

TVS Srichakra Ltd has announced that its step-down wholly owned subsidiary, TVS Sensing Solutions Pvt Ltd, will acquire a 51% stake in Pune-based Weber Drivetrain Pvt Ltd, strengthening the group’s presence in electric vehicle (EV) technology. The acquisition will be carried out through a Share Purchase Agreement (SPA) signed with G-Power Energy & Technology Pvt […]

CW Bureau · Jul 19, 2026

STARTUP/TECHNOLOGY Adani Defence To Buy 44.6% Stake In Flight Simulation Firm For ₹820 Cr

Adani Defence Systems & Technologies Ltd (ADSTL), a wholly owned subsidiary of Adani Enterprises Ltd, has signed a Share Purchase Agreement to acquire the remaining 44.6% stake in Flight Simulation Solutions Pvt Ltd (FSSPL) at an enterprise value of ₹820 crore. The acquisition will increase ADSTL’s holding in FSSPL from 55.40% to 100%, making the […]

CW Bureau · Jul 17, 2026

HOSPITALITY ITC Hotels To Acquire 130-Key Welcomhotel Ahmedabad For ₹155 Cr

ITC Hotels Ltd has signed a definitive agreement to acquire 100% stake in GHK Hospitality and Infrastructures Ltd (GHK), which owns the 130-key Welcomhotel Ahmedabad. The acquisition will be completed at an enterprise value of ₹155 crore on a debt-free and cash-free basis through a combination of primary subscription and secondary purchase of GHK’s equity […]

CW Bureau · Jul 16, 2026

BANKING & FINANCE TVS Venu Entity Home Credit To Buy Varthana Finance In All-Cash Deal

Home Credit India, part of the TVS Venu Group, has signed an agreement to acquire 100% equity stake in Varthana Finance Pvt Ltd through an all-cash transaction, marking its entry into the specialised education finance segment. The proposed acquisition is part of TVS Venu’s long-term strategy to build and scale high-quality financial services businesses catering […]

CW Bureau · Jul 15, 2026

BANKING & FINANCE Tata Capital Buys 89% In Yogloans For ₹318 Cr, Enters Gold Loan Space

Tata Capital Ltd (TCL), the flagship financial services company of the Tata Group, has approved the acquisition of a majority stake in Kerala-based Yogakshemam Loans Ltd (Yogloans), marking its entry into India’s fast-growing gold loan segment. The proposed all-cash transaction will see Tata Capital acquire approximately 88.6% of the issued and paid-up share capital of […]

CW Bureau · Jul 13, 2026

BANKING & FINANCE QBE Acquires Full Ownership Of Raheja QBE General Insurance Firm

Australian insurer QBE Insurance Group Ltd has acquired 100% ownership of Raheja QBE General Insurance Co. Ltd following approval from the Insurance Regulatory and Development Authority of India (IRDAI). The acquisition ends the company’s 18-year joint venture with Prism Johnson Ltd and marks a significant step in QBE’s expansion strategy across Asia. Following the transaction, […]

CW Bureau · Jul 2, 2026

STARTUP/TECHNOLOGY Tech Mahindra Arm Acquires 100% Stake In Brazil-Based IT Services Firm

Tech Mahindra Ltd’s wholly owned subsidiary, Tech Mahindra Serviços de Informatica S.A., has acquired a 100% stake in Brazil-based Alyis Serviços Tecnicos LTDA for ₹2.21 crore. The acquisition follows the execution of a Quota Purchase Agreement with Orange Business Services Brasil LTDA on July 1. Upon completion, Alyis Serviços will become a wholly owned subsidiary […]

CW Bureau · Jul 2, 2026

RETAIL/FMCG Honasa Consumer Buys 58% Equity Stake In Fluence Pharma For ₹135 Cr

Honasa Consumer Ltd has entered the nutraceuticals segment through the acquisition of a 58% stake in Fluence Pharma Pvt Ltd in a secondary transaction valuing the company at an enterprise value of ₹135 crore. The company will acquire the remaining 42% stake in two tranches over the next five to seven years, marking a strategic […]

CW Bureau · Jun 23, 2026

INFRASTRUCTURE JSW Energy Set To Bolster Thermal Portfolio With ₹1,410-Cr MCCPL Buy

JSW Energy Ltd. has signed a definitive agreement to acquire Maruti Clean Coal & Power Ltd. (MCCPL) for an enterprise value of ₹1,410 crore, strengthening its thermal power portfolio through an operating asset with long-term power supply arrangements. The acquisition is from Kolahai Infotech Pvt. Ltd. and SFI Parcel Services Pvt. Ltd. Upon completion of […]

CW Bureau · Jun 13, 2026

STARTUP/TECHNOLOGY AdaniConneX Buys MBEL For ₹765 Cr To Support Data Centre Expansion

Adani Enterprises Ltd said its joint venture company, AdaniConneX Pvt Ltd (ACX) has acquired a 100% equity stake in Madhuvanti Build Estate Ltd (MBEL) from Adani Infra (India) Ltd. for a cash consideration of ₹765.25 crore. The acquisition was completed on June 11 and forms part of the group’s infrastructure expansion strategy and gigawatt-scale data […]

CW Bureau · Jun 11, 2026

INFRASTRUCTURE Adani Energy Solutions To Acquire 100% IntelliSmart Stake For ₹3,050 Cr

Adani Energy Solutions Ltd. (AESL) has signed a binding securities purchase and subscription agreement to acquire a 100% equity stake in IntelliSmart Infrastructure Pvt. Ltd., along with the redemption of optionally convertible debentures of Intellismart held by NIIF, for an enterprise value of ₹3,050 crore. The acquisition is expected to strengthen AESL’s position in the […]

CW Bureau · Jun 9, 2026

STARTUP/TECHNOLOGY LTM To Buy Randstad Consulting Business In Europe And Australia

LTM, a global technology consulting and digital solutions company, through its wholly owned subsidiary LTIMindtree UK Ltd, has made an offer to acquire Randstad NV’s technology and consulting services business in France, Germany, Belgium, Luxembourg and Australia to strengthen its domain-led digital engineering and AI services capabilities. The business targeted for acquisition represents annual revenue […]

CW Bureau · May 22, 2026