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LTM to acquire Randstad Tech Services' business in Europe, Australia

New Delhi, May 22 -- Mumbai-based technology services company LTM Ltd, which was formed after the merger of L&T Infotech and Mindtree in 2022, has offered to acquire the technology and consulting serv... Read More


Dalmia Cement snaps up Jaiprakash Associates' central India assets

New Delhi, May 22 -- Dalmia Cement (Bharat) Ltd, a wholly owned subsidiary of Dalmia Bharat Ltd, has inked a deal to acquire cement plants previously operated by Jaiprakash Associates Ltd, which was r... Read More


Transcorp delivers all-time high earnings for Q4 and FY26; declares 30% dividend and gains access to RBI's Centralised Payment Systems with NEFT / RTGS capabilities.

New Delhi, May 22 -- Transcorp International Limited records its highest earnings from business operations to date, surpassing all previous quarters and financial years. The Company announced its fina... Read More


Why household assets with PE/VC funds, other AIFs jumped over 2,000 times in one year

New Delhi, May 22 -- Household assets managed by alternative investment funds (AIFs), including private equity and venture capital vehicles, surged more than 2,000 times in 2023-24 from the year befor... Read More


Xponentia, Elevation-backed The Souled Store logs topline jump in FY26

New Delhi, May 22 -- Pop-culture apparel brand The Souled Store, backed by private equity firms such as Xponentia Capital, RPSG Capital, Elevation Capital and Alteria Capital, has recorded strong reve... Read More


Bottomline: How KKR-backed Vertis' topline, assets surged on acquisition spree ahead of IPO

New Delhi, May 22 -- Vertis Infrastructure Trust, an infrastructure investment trust (InvIT) sponsored by private equity firm KKR, recorded a steep jump in its revenue and profits during the last fina... Read More


Temasek-backed smart fan maker Atomberg set to file for IPO

New Delhi, May 22 -- Atomberg Technologies Pvt Ltd, known for its brushless direct current (BLDC) fans and other smart home appliances, is close to filing a draft red herring prospectus (DRHP) with ma... Read More


Steel pipe maker MAN Industries buys Saudi firm for $102 mn

New Delhi, May 22 -- Mumbai-listed MAN Industries (India) Ltd, which manufactures large-diameter steel pipes, has acquired Saudi Arabia-based National Pipe Company Ltd (NPC) for $102 million (about Rs... Read More


Greater Pacific Capital names Nandan Desai sole India head as co-head leaves

New Delhi, May 22 -- Greater Pacific Capital (GPC), the UK-based private equity firm, has overhauled its leadership in India, with Nandan Desai taking over as the head of the India business. Desai, w... Read More


Insurance Essentials for Vehicles After CNG/LPG Conversion

New Delhi, May 22 -- India's focus on sustainable and cleaner energy sources has led to a significant shift among vehicle owners towards CNG and LPG vehicles. These alternative fuel vehicles are not o... Read More