September 6, 2026
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Magnum Ice Cream Acquires Majority Stake in Kwality Wall’s India, Becomes New Promoter

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Magnum Ice Cream Company Netherlands BV has acquired a 61.9% majority stake in Kwality Wall’s India Ltd (KWIL), marking a significant change in the company’s promoter structure. According to a regulatory filing, the transaction was completed on March 30, 2026, with the incoming promoter purchasing shares from the outgoing promoters in compliance with applicable laws […]Continue Reading
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HCLTech to buy HPE communications technology group assets for $225 million

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HCLTech Ltd announced its plan to acquire Communications Technology Group (CTG) assets from Hewlett Packard Enterprise (HPE) for $225 million (approximately ₹1,874 crore) in an all-cash transaction. As part of this deal, about 1,500 CTG employees with expertise in the telecom sector will transition to HCLTech across various countries, including Spain, Italy, India, Japan, Continue Reading
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Macquarie, Canada Pension are among bidders on India road assets

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Macquarie Group Ltd and a Canadian Pension Plan Investment Board-backed investment trust are among the finalists to acquire road assets from India’s infrastructure fund, sources familiar with the matter revealed. The potential deal is estimated to range from $300 million to $500 million, though exact figures remain undisclosed. The assets, valued at $1 billion in Continue Reading

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