Acquisition

Senco Gold to acquire 68% stake in August Jewellery for ₹68 crore

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 ...

Open to acquisition to build capabilities: Piramal Finance MD & CEO

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

Iveco Group shareholders approve Tata Motors' takeover proposals

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.

Harness buys select assets of Augment Code to automate software coding

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

Brookfield to acquire ESR India's logistics portfolio for ₹4,300 crore

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 confirms $22.6 billion deal to acquire US firm PTC

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

Indian IT companies acquire GCCs to boost revenue as growth falters

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

Anarock acquires 51% stake in architecture firm DSP Design Associates

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

Paramount, states may settle Warner Bros. deal case as soon as this weekend

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

Juniper Hotels signs MoU to acquire Novotel Imagicaa in ₹248 crore deal

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

Omnia buy adds to Solar Inds' explosive growth, but valuations high

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 Ind to acquire South Africa's Omnia for ₹12,951-crore; stock slips 9%

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.

Hero Motors sets eyes on tech takeovers to grow customer base

Rs 1,000-cr IPO opens September 16

HEG Advanced Materials lines up ₹5,500 cr growth push after demerger

Anode materials will corner the largest share of investment as the company targets 60,000-tonne capacity by FY32

RPG Life Sciences scouts for larger API assets after ₹215 cr acquisitions

The drugmaker has more than ₹500 crore of capital available and is evaluating businesses that can add differentiated chemistry, regulatory access and export capabilities

Cyrix Healthcare acquires Blue Star E&E's MedTech Solutions business

Cyrix Healthcare, a portfolio company of Somerset Indus Capital Partners Fund III, has announced the acquisition of the MedTech Solutions business of Blue Star Engineering & Electronics Ltd (Blue Star E&E). The acquisition, effective September 1, 2026, aims to strengthen Cyrix's medical imaging capabilities and expand its "total MedTech management" platform across India, West Asia, and Africa, according to a release on Saturday. Cyrix Healthcare did not share financial details of the transaction. The move integrates Blue Star E&E's expertise in multi-brand CT and MRI systems, including sales, installation, and maintenance across more than 250 installations, into Cyrix's existing infrastructure. The acquisition also bolsters AURUM, Cyrix's refurbished medical equipment business, by enhancing its capacity to handle refurbished CT and MRI systems. According to the company, all existing customers of Blue Star E&E MedTech Solutions will continue to be supported by the same .

Tata Motors launches all-cash offer for Iveco; acceptance opens September 7

Tata Motors launched an all-cash voluntary tender offer to acquire all common shares of Iveco Group for EUR 14.10 per share, valuing the Italian commercial vehicle maker at approximately EUR 3.82 billion. The offer is being made through TML CV Holdings B.V., and the acceptance period will run from September 7 to October 26, 2026, according to a joint announcement by Tata Motors and Iveco Group on Friday. The offer price of EUR 14.10 per common share is on a cum-dividend basis. The transaction is the latest step in Tata Motors' proposed acquisition of Iveco, with the offer document having received approval from Italy's market regulator Consob. The approval cleared the way for the shareholder acceptance process. Iveco Group's Board of Directors has unanimously supported the transaction and recommended that shareholders accept the offer. It has also recommended that shareholders vote in favour of the resolutions relating to the offer at the Extraordinary General Meeting (EGM) schedul

ITC Infotech, Happiest Minds Technologies to merge in ₹1,330 crore deal

ITC will hold about 73.4 per cent in the merged company, which will have over 19,000 employees, serve 800 customers and target $1 billion in annual revenue by FY28

TCS eyes cross-selling, expansion to offset margin hit from MHP buy

The €320 million acquisition could pressure near-term margins due to MHP's onsite-heavy model, but offers TCS cross-selling opportunities and a stronger European presence

Elon Musk's SpaceX completes $60 billion acquisition of AI startup Cursor

The deal became effective on Aug. 14, according to a regulatory filing, two months after SpaceX formally announced it had agreed to acquire the company.