1/5/2026, 1:59:02 pm

Indian and global companies close multiple M&A deals

Four Indian firms announced strategic acquisitions across sectors. Tech Mahindra will acquire 85% in Alluri Technologies for CAD 28 million, while Bharat Forge is buying a 30% stake in Fortuna Engineering for ₹129.6 crore. Dr Lal PathLabs is acquiring Shahbazkers Diagnostic Centre, and IIFL Fintech is investing ₹37.7 crore in Xtracap Fintech India.