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Emirates NBD submits a bid to acquire a majority stake in IDBI Bank
The Dubai-based lender is competing with Canada’s Fairfax for 60.7% of IDBI
Sun Pharmaceutical evaluated USD 10 bn acquisition of Organon
Plus: LNK Energy debuts with INR 100 bn investment, eyes integrated renewables
Reliance retail arm allots minority to QIA, Mubadala
The allotment follows RCPL’s demerger from RRVL and aligns its investor base with Reliance’s wider retail ecosystem
MUFG’s USD 4.4 bn acquisition of Shriram Finance highlights growing competition with Gulf SWFs
As MUFG completes the largest-ever foreign investment in Indian financial services, the deal underscores growing competition between Asian and Middle…
Masdar withdraws take-private bid for India’s Renew, while Emirates NBD reportedly could drop plans to acquire another stake in an Indian bank
Masdar pulled the plug on the transaction without disclosing the reason
BlackRock’s GIP to buy minority stake for INR 3bn in Aditya Birla Renewables
The stake purchase includes a primary infusion and a greenshoe option, valuing ABREN at INR 146 bn
Indian tech firm Cyient acquires Abu Dhabi tech consulting firm in a push into the region
ADGCE mainly works with energy firms
Jinal Group’s steel arm looks to grow with Japan joint venture
JSW-JFE JV will take over Bhushan Power steel operations, with the potential to expand capacity to 15 mn tons annually
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