Acquisition News - Latest Updates & Headlines
Greater Noida Authority board meeting approves land acquisition, key projects in Rs 5,600 crore budget
Greater Noida, March 29: The 138th Board meeting of the Greater Noida Authority concluded on Saturday, where a budget of Rs 5,600 crore for the financial year 2025-26 was approved. The meeting was chaired by Uttar Pradesh Chief Secretary and the Chairman of the Authority, Manoj Kumar Singh.
AI startup xAI acquires X in $33bn stock deal: Elon Musk
New Delhi, March 29: Billionaire Elon Musk has announced his artificial intelligence company, xAI, has acquired social media platform X for an all-stock transaction of $33 billion.
Krafton acquires India's Nautilus Mobile to expand global sports game portfolio
Seoul, March 28: South Korean gaming giant Krafton said on Friday it has acquired a controlling stake in India-based game studio Nautilus Mobile for $13.75 million.
Dailyhunt parent VerSe Innovation clocks 30 pc revenue dip in FY24
Bengaluru, March 26: VerSe Innovation, the parent company of Dailyhunt, has reported a significant decline in revenue for the financial year 2024 (FY24), as the company's total revenue dropped by 30.3 per cent.
CCI clears Cube's acquisition of ADTPL, AJUHPL, QEPL
New Delhi, March 25: The Competition Commission of India has approved acquisition of Athaang Devanahalli Tollway Private Limited, Athaang Jammu Udhampur Highway Private Limited and Quazigund Expressway Private Limited by Cube Highways Trust and Cube Highways and Infrastructure V Pte. Ltd, a release said.
Indian Army, Air Force to get 800 Km strike range BrahMos supersonic cruise missiles
New Delhi, March 24: In a significant boost for the defence forces, the Indian Army and the Air Force are going to get land-attack BrahMos supersonic cruise missiles, which would be able to hit targets at a range of beyond 800 Km.
BJP MLA Malviya who questioned his govt on land acquisition for Simhastha stands by remark
Bhopal, March 24: BJP MLA Chintamani Malviya, who recently criticized his own government over land acquisition for the Ujjain Simhastha, said on Monday he will stand by his statement.
FuriosaAI rejects Meta's $800 mn takeover offer
Seoul, March 24: FuriosaAI, a South Korean artificial intelligence (AI) chip startup, has turned down an $800 million takeover offer from US tech giant Meta Platforms, industry sources said on Monday.
Bullish outlook for cement sector acquisitions in India: Report
Mumbai, March 24: The ongoing consolidation in the Indian cement industry is expected to accrue three significant benefits to the acquirers over the medium term which include wider geographical reach, access to crucial limestone reserves, and economies of scale, according to a Crisil report released on Monday.
Bajaj Finserv shares slip over 4 pc in 6 months amid insurance deal
Mumbai, March 21: Shares of Bajaj Finserv continued to decline on Friday by falling 0.53 per cent during intra-day trade to Rs 1,842 on the National Stock Exchange (NSE).
DAC clears capital acquisition proposals worth over Rs 54,000 crore to enhance defence capabilities
New Delhi, March 20: Under the chairmanship of Defence Minister Rajnath Singh, the Defence Acquisition Council (DAC), on Thursday accorded Acceptance of Necessity (AoNs) to eight capital acquisition proposals amounting to over Rs 54,000 crore.
'Indigenous defence': Govt greenlights Rs 54,000 crore purchases of India-made military hardware
New Delhi, March 20: The Defence Acquisition Council (DAC), headed by Defence Minister Rajnath Singh, on Thursday approved eight proposals worth over Rs 54,000 crore that include the purchase of more powerful engines for the Army's T-90 tanks, anti-submarine torpedoes for the Navy, and Airborne Early Warning & Control (AEW&C) Aircraft Systems for the Air Force.
Spy planes, radars, fighter jets, utility choppers: Indian Air Force lists key acquisitions for 2025-26
New Delhi, March 20: The Indian Air Force (IAF) is looking to acquire a range of advanced weapon systems and platforms, including fighter aircraft, spy planes, radars, and other critical technologies in the upcoming financial year, with a focus on improving its capabilities for operations along the borders with China and Pakistan.
Google to acquire cloud security platform Wiz for $32 billion
New York, March 18: Tech major Google on Tuesday announced to acquire Wiz, a leading cloud security platform headquartered in New York, for $32 billion in an all-cash transaction.
Purnea Airport land acquisition sparks protest by villagers
Patna, March 13: The land acquisition process for Purnea Airport construction has triggered massive protests among local villagers, leading to clashes with the police on Wednesday.
Mumbai: Farmers protest against Rs 86,300 crore Shaktipeeth Highway project
Mumbai, March 13: A large number of farmers from 12 districts to be affected by the Rs 86,300 crore Nagpur-Goa Shaktipeeth Highway gathered in Mumbai on Wednesday to oppose the project.
India's real estate developers opened investment opportunity worth Rs 62,000 cr: Report
Mumbai, March 12: Real estate developers across India embarked on an ambitious expansion drive, acquiring 2,335 acres of land valued at a staggering Rs 39,742 crore in 23 key cities during 2024, according to a JLL report released on Wednesday.
Unilever CEO bullish on India's growth, bets big on quick commerce
New Delhi, March 10: FMCG major Unilever's newly-appointed CEO, Fernando Fernandez, has expressed strong confidence in India’s growth potential and evolving consumer preferences.
Religare Enterprises withdraws appeal against CCI order on Burman stake acquisition
New Delhi, March 9: Religare Enterprises has withdrawn its appeal at the National Company Law Appellate Tribunal (NCLAT) against an order by the Competition Commission of India (CCI).
Karnataka Assembly passes Bangalore Palace Bill
Bengaluru, March 7: The Karnataka Assembly has passed the Bangalore Palace (Acquisition and Transfer) Bill 2025.
Tier 2 and 3 Indian cities accounted for 44 pc of land acquisitions in 2024: Report
Mumbai, March 7: Tier 2 and 3 cities are shaping India's real estate future, as 44 per cent of the 3,294 acres of land acquired by developers last year were concentrated in these emerging hubs, a report showed on Friday.
Adani Power gets Letter of Intent to acquire Vidarbha Industries Power
New Delhi, Feb 24: Adani Power Limited (APL) on Monday said it has received a Letter of Intent (LOI) to acquire Vidarbha Industries Power Limited.
OpenAI is not for sale, Board tells Elon Musk
San Francisco, Feb 15: Sam Altman-run OpenAI on Saturday rejected billionaire Elon Musk's offer to buy the nonprofit company for $97.4 billion.
Rising land prices in K'taka a challenge for industrial investments: Union Minister
Bengaluru, Feb 14: Union Minister for Labour and Employment as well as Minister for Micro, Small, and Medium Enterprises (MSMEs), Shobha Karandlaje, has said that the rising land prices in Karnataka have become a challenge for industrial investments, making it difficult for businesses to acquire land for their operations.
OpenAI questions Musk-led USD 97.4 billion takeover bid, citing contradictions
Washington DC, February 13: OpenAI's board of directors has raised concerns over a USD 97.4 billion takeover bid led by Elon Musk and others, questioning the rationale behind the proposal, as reported by The New York Times on Wednesday.
Don't think he is a happy person...: Sam Altman takes dig at Elon Musk over OpenAI bid
Washington DC, February 12: OpenAI CEO Sam Altman on Tuesday took a jab at Elon Musk, who reportedly offered to buy the artificial intelligence startup's assets for USD 97.4 billion, accusing the Tesla CEO of acting from a "position of insecurity."
Elon Musk leads USD 97.4 billion bid to buy OpenAI, Sam Altman offers to buy Twitter instead
Washington DC, February 11: A group of investors led by CEO of Tesla and SpaceX Elon Musk made a USD 97.4 billion bid to acquire the assets of OpenAI, The New York Times reported.
Agro Tech Foods Limited completes acquisition of Del Monte India
Gurgaon, February 6: Agro Tech Foods Limited, ATFL, announced the successful completion of its acquisition of Del Monte Foods Private Limited (DMFPL), marking a significant milestone in its expansion strategy.
Ambuja Cements' net profit more than doubles in Q3
Ahmedabad, Jan 29: Ambuja Cements, the cement and building material company of the diversified Adani Group, on Wednesday reported robust profit after tax (PAT) growth at Rs 2,620 crore, which more than doubled (year-on-year) in Q3 FY25.
K'taka: Decision to promulgate ordinance to take Mysuru royal family's property not out of enmity, says Siddaramaiah
Bengaluru, Jan 25: Karnataka Chief Minister Siddaramaiah clarified on Saturday that the government's decision to promulgate an ordinance to take over the prime property of Bengaluru Palace Grounds, owned by the Mysuru royal family, is not driven by enmity.
Reliance Consumer Products Limited acquires SIL brand to revitalise and grow iconic Indian heritage brands
Bengaluru, January 22: Reliance Consumer Products Limited (RCPL), has announced the acquisition of SIL brand, a well-established food brand with a legacy of delivering quality products, the company said on Tuesday.
DPIIT partners with Apna to boost startup talent and create job opportunities for youth
New Delhi, January 22: Department for Promotion of Industry and Internal Trade (DPIIT) and Apna, India's leading jobs and professional networking platform, have entered into an alliance for talent hunt, the Ministry of Commerce & Industry said in a release on Tuesday.
Daemyung Sono Group moves to acquire T'way Air
Seoul, Jan 22: Daemyung Sono Group, a leading condominium and resort company in South Korea, said on Wednesday it is seeking to acquire management control of low-cost carrier (LCC) T'way Air to improve the airline's operations and financial health.
India sees surge in deal activity at record $116 billion in 2024
New Delhi, Jan 21: India's deal-making landscape witnessed a landmark year in 2024, with a record 2,186 deals valued at $116 billion, marking a 33 per cent increase in volumes and 76 per cent surge in values (year-over-year), a report showed on Tuesday.
TVK President, actor Vijay meets protestors, urges government to 'restudy' Parandur airport project
Chennai, January 20: Tamilaga Vettri Kazhagam (TVK) President and actor Vijay on Monday assured protesting farmers that he will stand with them in the Parandur airport expansion plan issue and urged State and Union governments to 'restudy' the airport project.
TN: Actor-politician Vijay to lead protest march against Parandur airport on January 20
Chennai, Jan 18: Tamil superstar and Tamilaga Vetri Kazhagam (TVK) Chief Vijay will lead a protest march on January 20 at Eganapuram village against the proposed greenfield airport, which is set to become Chennai's second airport.
Japan's Ishiba asks Biden to address 'strong concerns' in business community over blocking steel takeover deal
Tokyo, Jan 13: Japanese Prime Minister Shigeru Ishiba asked US President Joe Biden to address "strong concerns" in both Japanese and US business circles following Biden's order to block Nippon Steel's takeover of U.S. Steel, local media reported Monday.
Greenland loves America, says Trump Jr as President-elect keeps option on controlling Greenland open
Florida, January 8: Donald Trump Jr, son of US President-elect Donald Trump concluded his visit to Greenland late on Tuesday (local time), even as his father refused to rule out use of force in an attempt to control Greenland and the Panama Canal.
Need them for economic secuirty, US President-elect Trump refuses to rule out use of force to control Greenland
Florida, January 8: US President-elect Donald Trump on Tuesday refused to rule out using military force in his attempt to get Greenland under US Control. The remarks came during a lengthy news conference by the President elect at his residence Mar-a-Lago on Tuesday (local time).
Japan's Nippon Steel, US Steel file lawsuit against US government
Tokyo, Jan 6: Japan's Nippon Steel and United States Steel have jointly filed a lawsuit against the US government over President Joe Biden's decision to block the buyout of the American steelmaker by the Japanese company, local media reported Monday.