Archive · 25 Dec 2025
India Inc Sees $25B in Mergers
In 2025, India saw a lot of big companies merging or being bought by other companies.
This is called M&A, which stands for mergers and acquisitions.
There were 649 deals worth over $25 billion.
Some big deals included Adani Enterprises buying Jaiprakash Associates, ONGC-NTPC buying Ayana Renewables, and Emirates NBD buying a big part of RBL Bank.
These deals happened in different industries like banking, energy, and pharmaceuticals.
The deals were made to help companies grow and become stronger.
India Inc. saw 649 mergers and acquisitions in 2025, totaling over $25 billion.
Adani Enterprises acquired Jaiprakash Associates for $1.53 billion, outbidding Vedanta.
ONGC-NTPC acquired Ayana Renewables for $2.3 billion, one of the largest renewable energy deals.
MUFG bought a 20% stake in Shriram Finance for $4.4 billion, a major cross-border investment.
Emirates NBD acquired a 60% stake in RBL Bank for Rs 26,853 crore, the largest FDI in financial services.
- Who
- India Inc. and various international investors
- What
- Over 649 mergers and acquisitions totaling $25 billion
- When
- 2025
- Where
- India
- Why
- Corporate consolidation and strategic investments
- Total M&A Deals
- 649
- Total M&A Value
- $25 billion
- Adani Enterprises Acquisition
- Jaiprakash Associates for $1.53 billion
- ONGC-NTPC Acquisition
- Ayana Renewables for $2.3 billion
- MUFG Acquisition
- 20% stake in Shriram Finance for $4.4 billion
- JSW Energy Acquisition
- KSK Mahanadi Power for Rs 16,084 crore
- Torrent Pharma Acquisition
- 46% stake in JB Chemicals for Rs 11,917 crore
- Emirates NBD Acquisition
- 60% stake in RBL Bank for Rs 26,853 crore
Sources
From Aditya Birla Fashion and Retail to Praj Industries: 5 biggest Nifty 500 losers in 2025
Tough year for multibagger hunters! Only 2 Nifty 500 stocks double investor wealth since last Christmas
Big-ticket M&A deals drive India Inc’s over $25 billion corporate consolidation in 2025
India’s real estate outlook: How 2025 reset buyer priorities and what investors should track in 2026
