News•Mar 10, 2026
Progcap Extends ₹10,000 Crore Credit to Women Entrepreneurs
Progcap’s new ProgShakti program has disbursed over ₹10,000 crore in unsecured working‑capital loans to women‑led MSMEs across India. Credit limits for women borrowers have risen 105 percent, and repeat financing now exceeds 90 percent, indicating strong trust in the platform. Women entrepreneurs constitute 17 percent of Progcap’s portfolio, growing 40 percent year‑on‑year, with the majority based in tier‑II and‑III cities. The initiative also pairs financing with a development program to build capacity and reduce traditional collateral barriers.
By The Hindu BusinessLine – Companies
News•Mar 10, 2026
ZOFF Foods Raises $2 Million in Pre-Series B Round Led by JM Financial Private Equity
Raipur‑based spice brand ZOFF Foods secured $2 million in a Pre‑Series B round, led by JM Financial Private Equity’s India Growth Fund III and joined by boAt co‑founder Aman Gupta. This is the company’s second funding round, underscoring investor confidence in its growth...
By The Hindu BusinessLine – Companies
News•Mar 9, 2026
Karkhana Acquires Micron EMS to Deepen Electronics Manufacturing Capabilities
Karkhana, a Bengaluru‑based manufacturing startup, has acquired Micron EMS Tech Pvt Ltd, adding a 40,000‑plus square‑foot facility equipped with high‑speed SMT and through‑hole lines. The deal expands Karkhana’s in‑house PCBA capabilities and gives it more than ten box‑build lines, enabling...
By The Hindu BusinessLine – Companies
News•Mar 9, 2026
Kwality Wall’s Shares Slide After Company Reports Q3 Loss of ₹178 Crore
Kwality Wall’s (India) Ltd posted its first quarterly results since its February 2026 listing, revealing a net loss of ₹178.38 crore for Q3 FY26 on revenue of ₹223.43 crore. Exceptional charges of ₹93.70 crore, driven by brand impairment and asset write‑downs, pushed EBITDA...
By The Hindu BusinessLine – Companies
News•Mar 9, 2026
Interio by Godrej Estimates Projects Business Revenue to Top ₹1,100 Crore in FY26
Interio by Godrej projects its workspace‑solutions business to exceed ₹1,100 crore in FY26, buoyed by strong demand for turnkey interiors across banking, corporate and infrastructure sectors. The firm recently delivered a 75,000 sq ft fit‑out for State Bank of India’s head office in...
By The Hindu BusinessLine – Companies
Deals•Mar 9, 2026
Karkhana Acquires Micron EMS Tech to Expand Electronics Manufacturing Capabilities
Bengaluru‑based manufacturing startup Karkhana announced the acquisition of Micron EMS Tech Pvt Ltd, adding a 40,000‑sq‑ft facility with advanced SMT and through‑hole lines. The undisclosed deal will boost Karkhana’s in‑house PCBA capabilities and enable integrated electronics manufacturing solutions for OEMs...
The Hindu BusinessLine – Companies
Deals•Feb 21, 2026
ASM Technologies Acquires 20% Stake in Myelin Foundry for ₹48 Crore
Bengaluru‑based ASM Technologies Ltd announced it will acquire a 20% stake in AI startup Myelin Foundry Private Limited for about ₹48 crore. The investment creates a strategic partnership to embed Myelin’s edge‑first AI stack into ASM’s manufacturing solutions across semiconductor, electronics,...
The Hindu BusinessLine – Companies
Deals•Feb 19, 2026
INOXGFL Group Acquires Wind World India's IPP and O&M Units in ₹2,800 Cr Deal
India’s INOXGFL Group has secured a National Company Law Tribunal (NCLT) order to acquire the independent power producer (IPP) and operations & maintenance (O&M) businesses of Wind World India. The transaction, valued at an estimated ₹2,800 crore, expands INOXGFL’s footprint in...
The Hindu BusinessLine – Companies
Deals•Feb 19, 2026
Power Ministry Sets Up Panel to Monitor PFC-REC Merger
The Indian Power Ministry created a high‑level committee to track the progress of the proposed merger between Power Finance Corporation (PFC) and Rural Electrification Corporation (REC), which have in‑principle approved the deal. The panel will meet weekly to oversee integration,...
The Hindu BusinessLine – Companies
Deals•Feb 18, 2026
Tata AutoComp Completes Acquisition of IAC Slovakia
Tata AutoComp, the Indian automotive components maker, announced the completion of its acquisition of IAC Slovakia, expanding its footprint in Europe. The deal, valued at an undisclosed amount, will strengthen Tata AutoComp's presence in the European market and enhance its...
The Hindu BusinessLine – Companies
Deals•Feb 18, 2026
Silverline Technologies Secures ₹80 Crore Investment From Trueledger Technologies FZE
Silverline Technologies' board approved an ₹80 crore capital infusion from Trueledger Technologies FZE, marking a strategic investment to support its growth. The deal, announced on February 18, 2026, will bolster Silverline's operations and expansion plans.
The Hindu BusinessLine – Companies
News•Feb 17, 2026
Diamond Power Infrastructure Net Zooms 8 Times to ₹50 Crore on Better Demand
Diamond Power Infrastructure (DICABS) posted a net profit of ₹50 crore in the December quarter, an eight‑fold increase from the same period last year. Revenue surged 54 percent to ₹474 crore, driven by higher capacity utilization and premium EHV cable sales. The firm...
By The Hindu BusinessLine – Companies
Deals•Feb 17, 2026
British International Investment Invests ₹43 Crore in Turno to Boost EV Battery Infrastructure
British International Investment (BII) announced a fresh ₹43 crore infusion into Turno, an Indian EV battery infrastructure firm, to support its new ElectricGo e‑bus business and expand clean mobility financing. The investment marks BII’s continued climate finance commitments in India.
The Hindu BusinessLine – Companies
Deals•Feb 16, 2026
Torrent Power to Acquire L&T’s Nabha Power for ₹6,889 Crore
Torrent Power announced it will acquire L&T’s Nabha Power asset for ₹6,889 crore, adding roughly 1,400 MW of capacity in Punjab. The transaction marks L&T’s exit from the power generation business and expands Torrent Power’s presence in the Indian energy sector.
The Hindu BusinessLine – Companies
Deals•Feb 15, 2026
Bain Capital to Offload Majority Stake in Tyger Capital
Bain Capital is looking to sell its majority stake in Tyger Capital, according to sources. The transaction is expected to be completed soon, though the buyer and valuation have not been disclosed.
The Hindu BusinessLine – Companies
News•Feb 13, 2026
McLeod Russel Reports Narrowing of Q3 Net Loss at ₹36.41 Crore, Revenue Rises 20%
McLeod Russel narrowed its Q3 consolidated net loss to ₹36.41 crore, down from ₹87.33 crore a year earlier, while revenue from operations climbed 20% to ₹445.45 crore. The company acknowledged continued financial stress, citing outstanding inter‑corporate deposits and ongoing legal actions. Lenders have...
By The Hindu BusinessLine – Companies
Deals•Feb 13, 2026
Alkem Medtech to Acquire 55% Stake in Swiss Occlutech for ₹1,074 Crore
Alkem Medtech, a wholly‑owned subsidiary of Alkem Laboratories, announced a binding offer to acquire up to 55% of Swiss medical‑devices firm Occlutech Holding AG for €99.4 million (≈₹1,074 crore). The acquisition, subject to statutory approvals, will give Alkem entry into advanced cardiovascular...
The Hindu BusinessLine – Companies
Deals•Feb 13, 2026
Biocon Completes Acquisition of Minority Shareholders in Biocon Biologics, Boosting Stake to over 98%
Indian pharma giant Biocon Ltd announced it has completed the acquisition of minority shareholders in its subsidiary Biocon Biologics, raising its ownership to more than 98%. The undisclosed‑value transaction finalises the integration of the biologics unit ahead of its growth...
The Hindu BusinessLine – Companies
Deals•Feb 12, 2026
Nykaa Acquires Kiehl’s India Operations in Exclusive L’Oréal Partnership
Nykaa announced it will take over the Kiehl’s India business, forming an exclusive partnership with L’Oréal. The deal transfers operational control of the Kiehl’s brand in India to Nykaa, expanding its beauty portfolio.
The Hindu BusinessLine – Companies