STARTUP/TECHNOLOGY Coforge Closes Encora Acquisition; Drops QIP Plan, Raises $550 Mn Loan

Coforge, an AI-native engineering services company, has announced the successful closure of the Encora acquisition. The firm also shared that it has cancelled all plans of doing a QIP to support the purchase since it has secured a $550 million three-year loan at a 4.6% fixed interest rate. The repayment terms warrant the first payment […]

CW Bureau · Apr 23, 2026

MANUFACTURING Unimech Aerospace To Buy Majority Stake In Hobel Bellows For ₹450 Cr

Bengaluru-based Unimech Aerospace and Manufacturing Ltd, an advanced engineering solutions provider, along with its wholly owned subsidiary Innomech Aerospace Toolings Pvt Ltd, has agreed to acquire Hobel Bellows Co for a consideration of ₹450 crore with a week, subject to customary closing conditions. Under the transaction structure, Unimech and Innomech will acquire 24% and 76% […]

CW Bureau · Apr 23, 2026

HOSPITALITY Rubicon Research To Buy 85% Stake In Arinna Lifesciences For ₹175.92 Cr

Rubicon Research Ltd has entered into definitive agreements to acquire an 85% stake in Arinna Lifesciences Ltd for a consideration of ₹175.92 crore, marking a strategic expansion in the domestic formulations market. The transaction, which values Arinna at an enterprise value of ₹200 crore on a cash and debt-free basis, is expected to be concluded […]

CW Bureau · Apr 15, 2026

STARTUP/TECHNOLOGY Wipro Snaps Up Alpha Net Contracts For $71 Mn To Boost AI-Led Growth

Wipro Limited, through its subsidiaries, has signed a definitive agreement on April 14, 2026, to acquire select customer contracts of US-based Alpha Net Consulting LLC and its subsidiaries for a total consideration of up to $70.8 million. Structured deal with performance-linked earnout The total purchase consideration includes a deferred component in the form of an […]

CW Bureau · Apr 15, 2026

GENERAL Bluspring Enters Aviation Catering With Strategic Buy-out Of LSG India

Bluspring Enterprises Ltd, a services firm, through its wholly owned subsidiary Bluspring New Horizon Two Pvt Ltd, has entered into a definitive agreement to acquire 100% shareholding of LSG Sky Chefs (India) Pvt Ltd, marking its entry into the in-flight catering segment at Bengaluru International Airport. The acquisition will provide Bluspring access to a long-term […]

CW Bureau · Apr 14, 2026

RETAIL/FMCG Emami To Acquire Complete Stake In Axiom Ayurveda (Alofrut) For ₹200 Cr

Emami Ltd., a leading FMCG company engaged in manufacturing and marketing of personal care & healthcare products, has executed a definitive agreement to acquire the remaining 73.5% stake in Axiom Ayurveda Pvt Ltd for ₹200 crore, subject to customary closing conditions. In the first tranche, Emami has already acquired an additional 36.7% stake, taking its […]

CW Bureau · Apr 2, 2026

GENERAL Adani Airport Holdings Buys Skyiwave To Strengthen OOH Advertising Play

Adani Airport Holdings Ltd (AAHL), a wholly owned subsidiary of Adani Enterprises Ltd, has acquired 100% equity stake in Skyiwave Pvt Ltd for a cash consideration of ₹3 crore and assumed operational control. The transaction was executed through a share purchase agreement with Skyiwave and its existing shareholders. Strategic acquisition Following the deal, Skyiwave has […]

CW Bureau · Mar 31, 2026

STARTUP/TECHNOLOGY MIC Electronics To Acquire Neo Semi Of Singapore In ₹358-Cr Transaction

Hyderabad-based MIC Electronics Ltd has announced that its Board has approved the acquisition of an 89.65% stake in Singapore-incorporated Neo Semi SG Pte Ltd for a total consideration of ₹357.60 crore. Expanding into deep-tech and semiconductor ecosystem Neo Semi operates in advanced technology domains including semiconductor IP, AI-driven energy logistics, IoT-enabled smart grids, climate resilience […]

CW Bureau · Mar 30, 2026

RETAIL/FMCG ‘Pahadi Local’ Deal Boosts Reliance Retail’s Beauty & Wellness Segment

The acquisition of Himalayan beauty brand Pahadi Local by Reliance Retail Ltd, a subsidiary of Reliance Retail Ventures Ltd., signals a strategic push to strengthen its presence in India’s fast-growing beauty and wellness segment. The deal fits into Reliance Retail’s broader strategy of building and scaling differentiated Indian brands that can be distributed through its […]

CW Bureau · Mar 15, 2026

STARTUP/TECHNOLOGY HCLTech To Buy Finergic To Digitise Wealth Management

HCLTech, a leading global technology company, on January 23 announced that it has signed a definitive agreement to acquire Finergic Solutions Pte Ltd, a boutique wealth consulting firm headquartered in Singapore. The acquisition at a cost of 19 million Singapore Dollars will be fully for cash consideration. The transaction is expected to close by April […]

CW Bureau · Jan 23, 2026