9. Inox Leisure and PVR INOX Pictures is the result of a merger

PVR Pictures, the major multiplex operator, underwent a big shift in May 2023, when it merged with Inox Leisure and adopted the new name PVR INOX Pictures. Following the closure of several movie screens, the combined firm now operates 361 cinemas and 1,689 screens in 115 locations across India and Sri Lanka.

10. Adani Group purchased Ambuja Cements and ACC

Adani Group purchased controlling shares in both Ambuja Cements and ACC from Holcim in February 2023 for a total of $10.5 billion. This single transaction propelled them to become India's second-largest cement producer. The Group is presently the country's second-largest cement player. Holcim completed the transaction with Adani Group by selling its entire stake in Ambuja Cements at 385 per share and its entire stake in ACC at 2,300 per share. Holcim received $6.4 billion in cash proceeds.