Prime Minister Narendra Modi and Chinese President Xi Jinping agree to strengthen India-China business ties, improve mobility.
Volkswagen and JSW sign a non-binding MoU to explore an India automotive joint venture focused on localisation, manufacturing, EVs and exports.
Adani Airport Holdings will raise ₹9,825 crore from Temasek, BlackRock, Alpha Wave and Premji Invest at an $18 billion pre-money valuation.
Anthropic abandons its proposed $6 billion acquisition of Decart AI after due diligence, while the companies could still explore other forms of collaboration.
Samsung India begins layoffs across its TV and home-appliance businesses as higher chip prices, rising input costs and weaker demand squeeze margins.
Tata Motors opens its €3.82 billion all-cash tender offer for Iveco Group, moving the proposed global commercial-vehicle combination into execution.
Novartis India acquires Pfizer’s Minipress and Minipres trademarks and related India IP rights for ₹1,250 crore, strengthening its domestic medicines portfolio.
Purvah Green Power plans to acquire Welspun New Energy for about ₹2,500 crore, strengthening its renewable-energy portfolio and clean-power presence in India.
Aditya Birla Group receives up to ₹24,000 crore in bank commitments as it arranges financing for its ₹17,200 crore acquisition of Shell-owned Sprng Energy.
Nestlé agrees to sell its mainstream vitamins and supplements business to Yellow Wood Partners for $1 billion as it sharpens its health strategy.
UpGrad completes its $200 million-plus acquisition of Unacademy in an all-stock deal, expanding into test preparation and consolidating Indian edtech.
GRT Jewellers will acquire a 74.12% controlling stake in TBZ for up to ₹1,033.71 crore and launch an open offer for another 26% stake.
ITC Infotech will acquire a 22.1% stake in Happiest Minds for ₹1,330 crore before a proposed merger creating a larger AI-first IT services company.
PayPal shares tumble after Advent International and Stripe reportedly end their $53 billion takeover pursuit amid valuation and regulatory concerns.
Hero MotoCorp invests ₹1,758 crore to increase its Ather Energy stake to about 32.8%, deepening its strategic exposure to India’s EV market.
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