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Waaree Energies arm to acquire majority stake in transmission firm for $133 mn

New Delhi, Jan. 27 -- Waaree Renewable Technologies Ltd, the engineering and construction arm of solar module maker Waaree Energies Ltd, is set to enter the grid infrastructure segment by agreeing to ... Read More


GIC-backed Genus Power to take full control of smart meter manufacturer

New Delhi, Jan. 21 -- Smart meter maker Genus Power Infrastructures Ltd will acquire the 86.49% stake it doesn't already own in smaller peer Newlectric Innovation Pvt Ltd for Rs 25.23 crore ($2.7 mill... Read More


Indian Hotels to take control of Brij Hotels in third deal within six months

New Delhi, Jan. 16 -- Indian Hotels Co Ltd (IHCL), the hospitality arm of the Tata Group, has struck a deal to acquire a controlling 51% stake in Brij Hospitality Pvt Ltd, which manages 22 properties,... Read More


PE firm Haveli to acquire majority stake in Peak XV, Tiger Global-backed Sirion

New Delhi, Jan. 9 -- US-based private equity firm Haveli Investments has agreed to acquire a majority stake in Sirion, which develops contract drafting and management software, in a deal that values t... Read More


US private equity firm Haveli to acquire Peak XV, Tiger Global-backed Sirion

New Delhi, Jan. 9 -- Peak XV Partners, Tiger Global-backed Sirion is set to be acquired by a US based private equity firm in a deal that values the company at $1 billion. Sirion, which develops contr... Read More


Quality Power buys power equipment maker for $1.7 mn

New Delhi, Dec. 26 -- NSE-listed high voltage electrical equipment maker Quality Power Electrical Equipments Ltd has acquired a controlling 76% stake in Gandhinagar based Veeral Controls Pvt Ltd for R... Read More


Inox Clean Energy to acquire Macquarie's Vibrant Energy

New Delhi, Dec. 22 -- Indian renewable energy firm Inox Clean Energy has agreed to acquire Australian asset manager Macquarie-owned platform Vibrant Energy. The deal will help Inox Clean Energy, whic... Read More


ReNew Energy's US delisting plan collapses as Masdar pulls out

New Delhi, Dec. 16 -- Abu Dhabi Future Energy Company PJSC, which operates as Masdar, has pulled out of the consortium that had proposed to take Nasdaq-listed Indian green energy company ReNew Energy ... Read More


Shriram Pistons to acquire Spanish firm Grupo Antolin's India arms

New Delhi, Dec. 5 -- Shriram Pistons & Rings Ltd (SPRL) has agreed to acquire the Indian arms of Spanish firm Grupo Antolin at a total enterprise value of €159 million (Rs 1,670 crore or around ... Read More


CDPQ-backed Apraava Energy snags $92 mn for smart meter expansion

New Delhi, Dec. 3 -- Apraava Energy, the Indian joint venture of Hong Kong-based CLP Group and Canadian pension fund CDPQ, said Wednesday it has raised Rs 800.9 crore ($92 million) from the UK governm... Read More