Deals

Indian pharmaceutical and healthcare sector recorded a total of 72 transactions valued at USD 3.5 billion in the third quarter ended September this year, according to Grant Thornton Bharat's dealtracker. This included three IPOs worth USD 428 million and one QIP worth USD 88 million, Grant Thornton Bharat said in a statement. Excluding public market activity, private deals accounted for USD 3 billion across 68 transactions, marking a sharp rebound in investor appetite, it added. The surge was driven by seven high value deals worth USD 2.6 billion, reflecting renewed investor confidence in scale and consolidation plays across pharma, biotech, and hospital segments, and mirroring the sector's strong fundamentals and growth potential. The standout transaction of the quarter was Torrent Pharma's USD 1.4 billion acquisition of a 46 per cent stake in JB Chemicals & Pharmaceuticals, strengthening its position in high-growth therapeutic segments and chronic care markets, it added. "Q3 ...

India's technology sector recorded deals worth USD 1.48 billion in the third quarter of 2025, marking a strategic reset move from volume-led activity to value-driven investments, with improved investor interest in AI, SaaS and enterprise automation, according to a report by Grant Thornton Bharat. The number and value of deals exceeding USD 50 million rose sharply, with high-value transactions quadrupling in volume and increasing more than fivefold in value compared to the previous quarter. "Q3 2025 marked a strategic reset in India's tech deal landscape, with 80 deals recorded, up 33 per cent quarter-on-quarter, signalling a move from volume-led activity to value-driven, theme-focused investments. Overall disclosed deal values were USD 1.48 billion, with high-value deals over USD 50 million quadrupling in number and increasing more than five-fold in value compared to Q2. "The quarter highlighted strong investor and acquirer interest in AI, SaaS and enterprise automation, reflecting

Tata Steel on Thursday said it has entered into a long-term contract with Air Water India Private Limited (AWIPL) for the operation and maintenance of its Air Separation Unit (ASU) located at Jamshedpur. The onsite plant is designed to produce 1,800 tons of oxygen per day, along with nitrogen, argon, and dry compressed air. These gases will be primarily utilised in Tata Steel's Blast Furnaces and Steel Melting Shops. The unit is currently under stabilisation and is scheduled to be handed over to AWIPL next month, the company said in a statement. The 20-year contract was recently signed by Peeyush Gupta, Vice President (TQM, GSP & SC), Tata Steel, and Kausik Mukhopadhyay, Managing Director, Air Water India Private Limited. By leveraging AWIPL's extensive global expertise in cryogenic operations, including remote operational support and maintenance insights from their Japanese facilities, the collaboration is set to enhance plant efficiency and operational excellence for years to ...

The deal, announced on Monday and offering a 20 per cent premium to JDE Peet's closing market price on Friday

The mega sale to China, years in the making, is contingent on the two nations diffusing the trade hostilities that hark back to Trump's first term in office - and could still fall apart, they said

Kilburn Engineering will manufacture dryers and provide engineering services under a definitive agreement with Komline-Sanderson, boosting its global presence

Deals on tourism projects worth Rs 500 crore were inked in the presence of Chief Minister N Chandrababu Naidu at Andhra Pradesh Tourism Investors Programme at Gandikota Fort in Kadapa district on Friday. Andhra Pradesh Tourism Corporation inked these deals with Ease My Trip, Hilton Hotels and others for tourism projects at various locations. "These agreements have been inked in the presence of the CM to set up tourism projects at various places in the state. Ease my Trip, Hilton Hotels and several other organisations inked deals worth Rs 500 crore with Andhra Pradesh Tourism Corporation," said an official press release. Besides building hotels, these deals are also aimed at setting up facilities for adventure sports, kayaking, jet skiing and others at Gandikota, Srisailam, Mantralayam, Tirupati and other places. Naidu virtually laid the foundation for a string of tourism projects at Gandikota, Borra Caves, Ahobilam, Nagarjuna Sagar and others under Central Government schemes such a

The announcement made during a state visit to the UK by Macron is part of an attempt by both leaders to signal their commitment to Europe's sovereign defense capabilities amid the threat from Russia

Deepak Fertilisers and Petrochemicals Corporation Ltd (DFPCL) on Thursday entered into a long-term pact with Petronet LNG Ltd for regasification of Liquefied Natural Gas (LNG). DFPCL, along with its step-down subsidiary Performance Chemiserve Ltd (PCL), have entered into the agreement for a period of five years. Under the terms of the agreement, Petronet LNG will regasify approximately 25 TBTUs (Trillion British Thermal Units) of LNG annually, post an initial ramp-up period, primarily at its Dahej terminal, DFPCL said in a regulatory filing. The regasified gas will be primarily supplied to the company and PCL's manufacturing facilities units at Taloja, Mumbai, for internal consumption, it said. With the last mile regasification contract, the company will be uniquely placed to deliver a value chain right from gas to Ammonia to Building Block Nitric Acid, taking it right up to the downstream final products such as NPK fertilisers, industrial chemicals and mining chemicals.

The DRDO has significantly advanced India's self-reliance in defence manufacturing, signing over 2,000 licensing agreements for technology transfer and issuing more than 200 production licenses in 2024, an official said on Wednesday. The official also highlighted that over 130 industries have been identified as development partners or production agencies in the last five years, bolstering indigenous defence capabilities. "Over 2000 agreements were signed for technology transfer licenses," Chandrika Kaushik, Director General (PC&SI) of Defence Research and Development Organisation (DRDO) said while speaking at the CII Manufacturing Conclave East in Kolkata. Under the Technology Development Fund (TDF) scheme, private industries are actively contributing core technologies, with DRDO providing financial support of up to Rs 50 crore per system along with technical guidance. Scientists from DRDO labs are closely mentoring these industries to ensure successful outcomes, she added. The ..

As part of Mother's day deals, Apple is also offering up to Rs 67,015 in credit towards purchasing a new iPhone through trade-in

"This development marks a major milestone in the ongoing efforts to diversify India's crude oil sources and strengthen energy cooperation with Brazil," BPCL said in a statement

During opening arguments, attorneys for both companies displayed on a screen for jurors images of contracts, emails and internal corporate chats with key language highlighted

Cement assets attracted both acquisitions and fresh financial investments worth over $3.5 bn

Home-grown telecom firm HFCL has been selected by General Atomics Aeronautical Systems Incorporated to develop and supply critical sub-systems for the US-based defence technology firm's advanced unmanned aircraft systems, the company said on Sunday. HFCL is developing drone detection radar, which is expected to become a crucial element in modern drone detection systems. "In a significant development that underscores HFCL's technical prowess and commitment, the company has been selected to develop and supply critical sub-systems for GA-ASI's advanced Unmanned Aircraft Systems (UAS). This partnership marks a milestone in HFCL's journey, as it becomes a key contributor to one of the world's most sophisticated unmanned aerial vehicles (UAVs)," HFCL said. The company's subsidiary, Raddef, has been developing portable and deployable advanced radar and radio frequency (wireless) solutions across various terrains. "Our selection by General Atomics Aeronautical Systems Incorporated to devel

The Indian Navy has also been provided full support by the government for its urgent modernisation requirements, as it has been provided the highest ever capital budget of Rs 61,000 crore this year

The overall deal activity declined by 3 per cent to USD 5.023 billion in May compared to USD 5.192 billion in the preceding month of April, a report said on Thursday. The merger and acquisitions plummeted 58 per cent to USD 1.05 billion during the month compared to USD 2.526 billion in April, while a 49 per cent increase in the private equity deal values to USD 3.973 billion from April USD 2.666 billion helped the overall number. From a volume perspective, the overall number declined 22 per cent to 137, the report by the consultancy firm Grant Thornton Bharat said. "The election process could have delayed the deal-making scenario. The election results and the ensuing new government's strategic direction will be crucial in shaping the investment climate and determining future deal activity," its partner Shanthi Vijetha said. The largest merger and acquisition deal in May was the USD 350 million investment by Google for a minority stake in Flipkart Online Services, followed by Manipa

Wipro said it will help RSA build a "compliant, secure, and scalable IT infrastructure". The three-year engagement builds on Wipro and RSA's existing relationship, which began in 2016

IT companies consider deals at or above $100 million as large deals while deals at or above $500 million are categorised as mega deals

In 2022, Capital Foods' three main shareholders decided to put the company up for sale