Walmart’s acquisition of Flipkart is the biggest ever in India, with the US-based retail giant spending $16 billion. But this buyout isn’t the first big takeover we’ve seen in the country. Here’s a list of some of the biggest mergers and acquisitions India has seen.

Following are the top 10 acquisitions that happened in India.

FLIPKART- WALMART: Walmart acquired 77% Flipkart for $16 billion, making it the largest acquisition involving an Indian company, in 2018.

TATA STEEL-CORUS: In 2007, Tata Steel took over European steel major Corus for the price of $12.02 billion, making the Indian company, the world’s fifth-largest steel producer.

VODAFONE-HUTCHISON ESSAR: In 2007, the world’s largest telecom company (at the time) in terms of revenue, Vodafone, made an entered the Indian telecom market by acquiring a 52% stake in Hutchison Essar Ltd. Vodafone purchased 52% stake in Hutchisson Essar for about $10 billion.

HINDALCO-NOVELIS: Hindalco Industries Ltd. is a subsidiary of the Aditya Birla Group and Novelis is a world leader in the production of flat-rolled aluminum products. The Hindalco Company acquired the Canadian company Novelis for $6 billion, making the combined entity the world’s largest producer in rolled-aluminum.

RANBAXY-DAIICHI SANKYO: In 2008, Daiichi Sankyo Co. Ltd., signed an agreement to acquire the entire shareholders of Ranbaxy Laboratories Ltd, India. Ranbaxy’s sale to Japan’s Daiichi was priced at $4.5 billion.

ONGC-IMPERIAL ENERGY: In early 2009, Oil and Natural Gas Corp. Ltd (ONGC) took control of Imperial Energy, a UK Based firm operating in Russia for the price of $1.9 billion.

MAHINDRA & MAHINDRA-SCHONEWEISS: In 2007, Mahindra & Mahindra acquired 90 percent of Schoneweiss, a leading company in the forging sector in Germany. This consolidated Mahindra’s position in the global market.

STERLITE-ASARCO: In the year 2009, Sterlite Industries, a part of the Vedanta Group, signed an agreement to acquire the copper mining company Asarco for the price of $2.6 billion.

TATA MOTORS-JAGUAR LAND ROVER: Tata Motors’ acquisition of luxury car maker Jaguar Land Rover was for the price of $2.3 billion, in 2008.

SUZLON-REPOWER: Wind Energy premier Suzlon Energy acquired RePower for $1.7 billion. Suzlon Energy Limited is a wind turbine supplier based in Pune, India and RePower systems SE (now Senvion SE) is a German wind turbine company founded in 2001, owned by Centerbridge Partners.