Piramal Enterprises Ltd. (PEL) is planning to sell its stakes in Shriram General Insurance and Shriram Life Insurance for an estimated ₹4,000-5,000 crore. This…

Mercedes-Benz is shifting its strategy in response to challenges in the electric vehicle (EV) market. The company has announced plans to introduce 19 new internal combustion engine (ICE) models and 17 battery-electric vehicles (BEVs) by 2027, marking a recalibration…

Gentari Sdn Bhd, the clean energy arm of Malaysia’s Petronas, has acquired 1.6 GW of solar and wind assets from Brookfield Asset Management in a major move to…

Omaxe Ltd., one of India’s leading real estate and infrastructure development companies, has announced an ambitious investment of Rs 2,700 crore for the…

Coca-Cola India has sold its bottling operations in North Gujarat to Kandhari Global Beverages Group for around ₹2,000 crore, marking another step towards its asset-light business model. Kandhari Global Beverages, one of Coca-Cola’s top independent franchise…

Tata Power's renewable energy arm has signed a monumental deal with the Andhra Pradesh government to develop up to 7,000 MW of solar, wind, and hybrid energy projects, with or without storage.

This collaboration aims to bolster Andhra Pradesh's renewable…

IndusInd Bank is facing significant turmoil after disclosing discrepancies in its derivatives accounting, leading to investor concerns. The issue arose from an underestimation of hedging costs related to past foreign exchange transactions, which has potentially…

The Competition Commission of India (CCI) has granted approval for Ambuja Cements’ acquisition of a 72.8% stake in Orient Cement, a deal valued at approximately ₹4,800 crore. This strategic acquisition is expected to significantly enhance Ambuja Cements’…

Walgreens Boots Alliance is set to be taken private by Sycamore Partners in a $10 billion deal, bringing an end to nearly a century of public trading for the U.S. pharmacy giant. This marks a dramatic fall for Walgreens, which was valued at around $100 billion…

ON Semiconductor Corp. (onsemi) has launched a hostile takeover bid to acquire Allegro MicroSystems Inc., offering $35.10 per share in cash, valuing the deal at approximately $6.9 billion. This proposal represents a premium over Allegro’s recent trading price…

JSW Energy has signed a Power Purchase Agreement (PPA) with West Bengal State Electricity Distribution Company Limited (WBSEDCL) to build a 1,600 MW (2x800 MW) super/ultra-supercritical thermal power plant.

The thermal power plant to be built in Salboni…

In a major boost to Indore's infrastructure, Hindustan Construction Company (HCC) and Tata Projects Limited (TPL) have won a ₹2,190.91 crore contract for the Indore Metro Rail Project’s underground section. The project, Package IN-05R, includes an 8.626 km…

Coromandel International Ltd, a prominent agri-solutions provider in India, has announced a strategic move to acquire a controlling 53.13% stake in NACL Industries Ltd for ₹820 crore, valuing each share at ₹76.70. In compliance with SEBI's Takeover Regulations…

Global tech giant Oracle Corporation is reportedly planning a massive data center investment of over $6.5 billion on Indonesia’s Batam Island, signaling its growing interest in Southeast Asia’s booming digital economy. This proposed investment aims to cater…

UltraTech Cement has successfully commissioned an additional 1.2 million tons per annum (mtpa) production capacity, boosting its total domestic grey cement manufacturing capacity to 178.86 mtpa.

This expansion is part of the company's capacity enhancement…

The Trump Organization is making its foray into India's commercial real estate market with its first project in Pune's upscale Koregaon Park Annexe, offering easy access to business hubs and amenities.

This new development, called Trump World Centre, is…

Manglam Group, a leading real estate developer in Rajasthan, is making a bold entry into India’s ₹82,000-crore hospitality sector with an ambitious ₹1,000 crore investment over the next five years. This move leverages their extensive experience in real estate…

HIL Limited, a leading building materials company and a subsidiary of the CK Birla Group, has undergone a significant transformation by rebranding itself as BirlaNu.

BirlaNu aims to drive growth, innovation, and expansion in the building materials sector…