MANUFACTURING Rane (Madras) Buys Hindustan Composites’ Friction Unit For ₹370 Cr

Rane (Madras) Ltd has completed the acquisition of the Friction Business of Hindustan Composites Ltd for ₹370 crore on a cash-free, debt-free basis, strengthening its position in the friction business and expanding its product and market reach. The acquisition was completed after fulfilment of customary regulatory approvals and other closing conditions under the Business Transfer […]

CW Bureau · Aug 20, 2026

MANUFACTURING Tata Steel Acquires 23% Stake In TM International Logistics For ₹335 Cr

Tata Steel Ltd has completed the acquisition of a 23% equity stake in TM International Logistics Ltd (TMILL) for ₹335 crore, increasing its holding in the logistics company to 74%. Tata Steel acquired 41.40 lakh equity shares of ₹10 each from IQ Martrade Holding Und Management GmbH, in accordance with the terms of the Share […]

CW Bureau · Aug 20, 2026

MANUFACTURING Greaves Cotton Acquires Remaining 20% Stake In Excel Controlinkage

Greaves Cotton Ltd, a leading diversified engineering company, has acquired the remaining 20% stake in Excel Controlinkage Pvt Ltd through the secondary route, making the company a wholly owned subsidiary. The acquisition was completed on August 13, 2026, taking Greaves Cotton’s aggregate shareholding in Excel Controlinkage to 100%. Deal completes 2023 acquisition The transaction completes […]

CW Bureau · Aug 17, 2026

STARTUP/TECHNOLOGY CG Power Arm Axiro Semiconductor To Buy Tosil Systems For ₹16.44 Cr

Murugappa group firm CG Power and Industrial Solutions Ltd’s subsidiary Axiro Semiconductor Pvt Ltd will acquire 100% of Tosil Systems Pvt Ltd for a cash consideration of ₹16.44 crore. The acquisition will add Tosil’s semiconductor design and embedded engineering capabilities to CG Power’s existing semiconductor business. Acquisition to strengthen design capabilities Tosil provides silicon design, […]

CW Bureau · Aug 17, 2026

STARTUP/TECHNOLOGY Bharti Airtel To Acquire 85% Stake In Two Firms To Expand Data Centre Biz

Bharti Airtel Ltd, a leading telecom services provider, has entered into agreements to acquire an 85% stake each in Rochak Systems Pvt Ltd and Rovision Tech Hub Pvt Ltd to support the expansion of its data centre business through Nxtra Data. The acquisitions will be completed in one or more tranches. Airtel said the transactions […]

CW Bureau · Aug 7, 2026

MANUFACTURING Belrise Industries Buys Hyva India’s Tipper Body Business For $5.65 Mn

Pune-headquartered Belrise Industries Ltd has acquired the Tipper Body Business of Hyva India Pvt Ltd, a subsidiary of JOST Werke SE, for $5.65 million. The transaction, valued at an enterprise value-to-EBITDA multiple of about 3.6 times, strengthens Belrise’s position as a Tier-0.5 supplier in the commercial vehicle ecosystem. Strengthens commercial vehicle presence The acquisition aligns […]

CW Bureau · Aug 6, 2026

MANUFACTURING L.T Elevator Enters Global Automated Parking Space With DYPC Acquisition

L.T Elevator Ltd has signed a Share Purchase Agreement to acquire Seoul-based DYPC Inc. (Dongyang PC Inc.), marking its entry into the global automated parking technology business. The company will acquire a 66.45% stake in DYPC at a consideration of $2.85 per share. It will also acquire and cancel 5 lakh equity shares held by […]

CW Bureau · Aug 5, 2026

AUTO SML Mahindra Approves ₹525-Cr Buy Of Mahindra Truck & Bus Division

SML Mahindra Ltd has approved the acquisition of Mahindra Truck and Bus Division (MTBD) from Mahindra & Mahindra Ltd on a slump sale basis for ₹525 crore. The transaction, expected to be completed during FY27, is aimed at creating a unified commercial vehicle business with a presence across light, intermediate and heavy commercial vehicles, as […]

CW Bureau · Jul 29, 2026

STARTUP/TECHNOLOGY 5paisa Capital To Acquire Giskard Datatech In ₹121.57 Cr Share Deal

Online investment and trading services company 5paisa Capital Ltd has proposed to acquire 100% share capital of Bengaluru-based Giskard Datatech Pvt Ltd in a deal comprising a cash consideration of ₹121.57 crore and a preferential share issue through a share swap. The acquisition is aimed at strengthening 5paisa’s digital capabilities, expanding its technology offerings, achieving […]

CW Bureau · Jul 29, 2026

GENERAL Sun Pharma Receives Organon Shareholders Nod For $11.75-Bn Buy

Leading global pharmaceutical company Sun Pharmaceutical Industries Ltd has received shareholder approval from Organon & Co. for its proposed acquisition. The approval marks a key milestone towards completion of the transaction. Following the deal, Organon will become a wholly owned subsidiary of Sun Pharmaceutical Holdings USA Inc., an indirect wholly owned subsidiary of Sun Pharma. […]

CW Bureau · Jul 24, 2026

GENERAL Aurobindo Pharma To Acquire 80% Stake In A1 Biochem CRO Business

Aurobindo Pharma Ltd, through its wholly owned subsidiary Apitoria Pharma Pvt Ltd, will acquire an 80% stake in the Contract Research Services business of A1 Biochem Group. The acquisition will be completed within 90 to 120 days for cash consideration at an enterprise value of $17 million on a debt-free and cash-free basis. Building CRDMO […]

CW Bureau · Jul 24, 2026

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