Deals

Combined Paramount and Warner Bros. Discovery company to be named Skydance

• David Ellison announced the combined company will be named Skydance
• The announcement came less than two weeks after Paramount settled an antitrust lawsuit

Private capital checks into Europe’s booming hostel market

• Brookfield and Apollo are investing in Europe’s hostel market
• Hostels have been a long-ignored corner of the travel industry

L&T in talks to sell minority stake in clean energy arm to Japan's Itochu; eyes Kandla as green ammonia export hub

• L&T is in talks with Itochu on equity participation in its clean energy arm
• L&T is also pursuing a green ammonia offtake and Kandla as an export hub
• A potential clean-energy stake sale and ammonia exports expose L&T investors to the project’s progress

From Simple Energy To Arivihan — Indian Startups Raised Over $233 Mn This Week

• Indian startups raised over $233 Mn in the final week of September
• Funding momentum continued across homegrown new-age tech ventures

Shyam Metalics signs deal to invest over $5 billion in Maharashtra

• The agreement with Maharashtra government covers an investment of over $5 billion
• The investment is for a greenfield project
• The proposed investment may benefit Maharashtra’s industrial supply chain and local infrastructure companies

Critical minerals emerge as key India-Canada trade opportunity amid supply chain diversification: Trade Minister Maninder Sidhu

Hindalco drops $125 million AluChem acquisition after prolonged delays

• Hindalco scrapped its planned acquisition of US-based speciality alumina maker AluChem
• The company said the deal’s termination does not change its high-value products strategy
• The abandoned deal removes acquisition uncertainty for Hindalco, while its specialty-products expansion strategy remains intact

Keventer, Saroj Poddar groups launch ₹400-cr real estate debt fund

• The fund will use secured debt to finance real estate ventures
• It will focus on projects in Delhi-NCR and West Bengal
• The fund adds financing for real estate projects in Delhi-NCR and West Bengal

Granules India incorporates wholly owned subsidiary in Brazil

• Granules India incorporated Triton Farmaceutica Do Brasil Ltda as a wholly owned subsidiary in Brazil
• The subsidiary will manufacture, promote, sell and distribute pharmaceuticals and related products in Brazil
• Brazil expansion gives Granules India a new market for its pharmaceutical business

Lightrock Group seeks CCI approval to acquire stake in Mahindra Last Mile Mobility

GP Petroleums to raise ₹130 crore from RevX fund to finance expansion

• GP Petroleums will raise ₹130 crore from RevX fund to finance expansion
• The board-approved funding includes ₹30 crore in 36-month NCDs and ₹100 crore in optionally convertible debentures
• Expansion funding and potential dilution affect GP Petroleums shareholders

Indian start-ups being acquired 2X faster as incumbents look to buy capabilities

• Indian start-ups are being acquired 2X faster as incumbents seek capabilities
• Average time from first funding to IPO fell from 14 years to 8.5 years
• Faster exits may benefit Indian startup investors and listed companies seeking new capabilities

Novartis signs mRNA therapy deal with China's Abogen worth about $7.8 billion

• Abogen will receive $575 million upfront and up to $7.2 billion in milestone payments
• Milestones depend on clinical development, approvals and commercial milestones
• The deal highlights global pharma licensing activity, with limited direct read-through for Indian drugmakers

SBI leads demand, snaps up 40% of Reliance Industries’ ₹13,000 crore bond issue

• SBI bought nearly ₹5,000 crore, or about 40%, of Reliance Industries’ ₹13,000 crore bond issue
• SBI’s large subscription signals demand for Reliance Industries debt and affects PSU bank exposure

Adani commits over ₹6 lakh crore to Maharashtra; ₹2.6 lakh crore in projects completed or underway

• Adani’s Maharashtra investment commitment exceeds ₹6 lakh crore across multiple sectors
• Projects worth ₹2.6 lakh crore are completed or underway, about 43% of the blueprint
• The investment pipeline puts Adani’s energy, aviation and infrastructure businesses in focus

Embraer and Mahindra plan ₹6,000 crore Nagpur assembly line for C-390

• The planned investment is ₹6,000 crore for a C-390 assembly line in Nagpur
• The facility depends on the Indian Air Force selecting the C-390 and a government order
• A potential boost for Mahindra and India’s defence manufacturing supply chain, contingent on an IAF contract

Just do it: Goyal to Nike on investment in India

Arvind Fashions arm infuses ₹50 cr in Flying Machine operator AYBPL

• Arvind Lifestyle Brands infused ₹50 cr into Flying Machine operator AYBPL
• Its stake in AYBPL rises to 65.91% from 60.40%
• Arvind Fashions gains greater ownership of Flying Machine, affecting its branded-apparel business

Big Pharma turns to China for new drugs as patent cliff drives multibillion-dollar deals

• Western biopharma companies are increasingly turning to China to source drug innovation
• The shift comes as pharma's patent cliff draws closer

Who's buying BrahMos from India and why? Defence Secretary says exports to cross $600 million

• Defence Secretary Rajesh Kumar Singh said BrahMos exports will cross $600 million
• Rising defence exports support India’s defence manufacturers, including listed companies in the sector

David Ellison won Warner Bros. Now he has to make the $81 billion deal work.

AstraZeneca, Daiichi Sankyo partner with Summit to test cancer drug combination

Amul expands US footprint, plans to make dahi and paneer locally

Modi and Trump may speak again soon, but US says India trade deal is not imminent

• Greer said Modi and Trump had a “constructive call yesterday morning”; another call may follow soon
• Greer said sticking points remain and he did not think a deal was imminent
• Goyal pushed for an early interim deal to keep Indian exporters competitive in the US market
• A delayed deal leaves Indian exporters facing continued uncertainty over access and competitiveness in the US market

Disney licenses lineup of movies, TV shows to Netflix including 'Ice Age,' 'Will Trent'

Mapletree looks to deploy 20% of new Asia fund in India

Colombia Has Started Payments on €3.1 Billion Saab Fighter Deal

Bayer Plans $2.2 Billion US Drug Plant Against Tariff Backdrop

Trump says he did not ’jump the gun’ on South Korea Alaska LNG investment announcement

EXCLUSIVE: China demands copper supply commitments for Anglo Teck merger approval, sources say

Dangote's planned Kenya refinery faces legal challenge by consumer-rights group

Asia’s Dealmakers Pin Hopes on a Late M&A Rebound

Burger King is betting on local franchisees to fuel its U.S. comeback

• Burger King is refranchising hundreds of company-owned restaurants as part of its turnaround
• The chain is prioritizing local operators

Norway’s Wealth Fund Invests $1.35 Billion in CIP Renewables Fund

Inside Nuveen CEO’s ‘Evolutionary’ Merger Playbook

Amazon Now reaches 120 cities, targets 300 by end-2026

• Amazon Now has around 800 micro-fulfilment centres, up from 100 a year ago
• Daily orders are rising 20% month on month
• Amazon’s expansion raises competitive pressure on Indian quick-commerce players such as Swiggy