Acquisition

NHC Foods Ltd, an exporter of agricultural commodities and spices, reported a sharp improvement in financial performance for the September quarter, with total income rising 333 per cent year-on-year to Rs 451.32 crore and profit surging more than 16-fold to Rs 21.68 crore. The company had reported total income of Rs 104.09 crore and profit of Rs 1.34 crore in the corresponding quarter of the previous financial year, according to a company statement. For the first half of FY27, NHC Foods posted total income of Rs 821.45 crore, an increase of 282 per cent from Rs 214.68 crore a year earlier. Profit rose nearly 13-fold to Rs 38.68 crore, compared with Rs 3.01 crore in the year-ago period. Commenting on the performance, Managing Director Satyam Joshi said, "We are encouraged by the strong performance this quarter and in the first half and remain focused on sustaining this growth momentum. Our strategy is centred on expanding our operations, strengthening our presence in the agri ...

The acquisition will strengthen Quest Global's engineering and testing capabilities for wearables, smart devices and immersive technologies. Financial details were not disclosed

The FMCG major will acquire the stake through primary subscription and retain the right to purchase the remaining equity after three years, subject to certain conditions

The acquisition will help MakeMyTrip expand into shared mobility, covering daily urban commutes and intercity travel, while complementing its existing ground transport portfolio.

The €2.56 billion all-cash acquisition will give Adani Ports a presence across eight liquid storage terminals in five European countries, expanding its global network to 28 ports and terminals.

The drugmaker plans to deploy ₹500 crore for another acquisition within 12 months as it targets 25 per cent annual growth in its API business over the next five years

A fresh tender window for minority shareholders will open on November 2, while Tata Sons Chairman N Chandrasekaran has been appointed Iveco's chairperson following the takeover

Senco Gold Ltd on Sunday said it has signed agreements to acquire a 68 per cent stake in August Jewellery Pvt Ltd, which operates the 'Melorra' brand, for Rs 68 crore. The investment will be made in multiple tranches, with completion targeted by February 2027, subject to fulfilment of specified conditions, the company said in a regulatory filing. It said that including the acquisition by a promoter group entity, the overall stake in August Jewellery will reach 79 per cent, following which the company will become a subsidiary of Senco Gold. The investment will happen through fresh equity issuance, with the funds intended for the company's growth and expansion, and the discharge of existing liabilities, the filing said. Senco Gold said the acquisition aligns with its digital and omnichannel strategy, particularly to cater to the fast-growing young consumer segment. Melorra's design and e-commerce capabilities are expected to complement Senco Gold's existing strengths and generate ...

Jairam Sridharan says urban and semi-urban markets will drive H2 growth as the lender takes a measured approach to wholesale lending

Iveco shareholders approved key resolutions for Tata Motors' €3.91 billion acquisition, lowering the minimum share acceptance threshold from 95% to 80% and easing the path to completion.

The acquisition brings Augment Code's Cosmos and Auggie CLI products into Harness, strengthening its push towards autonomous coding, testing, security and software deployment

The 10.5 million sq ft portfolio marks Brookfield's entry into industrial and logistics real estate in India, with ESR continuing to manage the assets in the near term

Schneider Electric's all-cash offer values PTC's equity at $22.6 billion and carries a 42.3 per cent premium to the US software firm's last closing price

IT services firms are targeting GCCs for scale, steady revenue and domain expertise as weak organic growth and AI put pressure on traditional contracts

The deal combines Anarock's real estate advisory and transaction capabilities with DSP's architecture, master planning and interior design expertise across India

Terms under discussion include independent monitoring of CNN's content and commitments on theatrical releases as Paramount seeks to clear a key hurdle to its $110 billion acquisition

The 287-key hotel in Khopoli, located beside Imagicaa's theme and water parks, will add an operating, cash-generating property to Juniper Hotels' hotel portfolio

The $1.35 billion all-cash acquisition will expand Solar Industries' global explosives footprint, strengthen supply chains and add exposure to new international markets

Solar Industries announced that it will acquire South Africa-based Omnia Holdings for approximately $1.355 billion (₹12,951 crore) in an all-cash transaction.

Rs 1,000-cr IPO opens September 16