Aniruddha Jain
Gujarat is one of the states which has a large portfolio of state-owned companies including some of the listed companies. In line with the vision of the Central Government, Gujarat is also trying to monetise its stake...
Peak XV erstwhile Sequoia India exits from Prataap Snacks
After many efforts, Sequoia Capital (Now known as Peak XV partners) are able to take a complete exit from Prataap Snacks Limited, maker of Diamond Chips. Interestingly, Sequoia’s stake has been taken over by one of the...
TATA MOTORS: SEGREGATES ITS PASSENGER & COMMERICAL VEHICLE BUSINESSES
After streamlining types of shares and making total paid-up capital as normal equity shares & transfer of finance business, Tata Motors Limited is now ready to execute its marque restructuring which will pave the...
Yet another value-unlocking announced by Adani Enterprises Limited
Adani Group, incubator of many businesses, has announced the demerger of one of its mature businesses to unlock value for stakeholders.Adani Enterprises Limited (hereinafter referred to as “Demerged Company”...
Valor Estate Limited: “Diversification” to “Separation” of Hospitality Business
Recently, Valor Estate Limited (Earlier known as DB Realty Limited) announced separate listing of its “Hospitality Business” through demerger along with the amalgamation of its wholly owned subsidiary.Valor Estate...
Raymond Group continues Segregation of its Business Verticals
After the successful demerger of “Lifestyle Business”, Raymond Limited announced yet another restructuring to unlock further value for stakeholders. In a recent move, Raymond Limited has announced its plan to...
National News
GMR Airports Ltd on Wednesday said its subsidiary GMR Hyderabad International Airport Ltd will buy… The government may amend the insolvency law to stipulate that a resolution plan will require… In a move that signals further consolidation in the insurance distribution landscape, two distributors-InsuranceDekho and… GMR Hyderabad Airport to acquire full control of logistics JV for ₹41 cr
CCI nod only after CoC: Govt working on amendments to insolvency law
InsuranceDekho set to merge with RenewBuy
International News
Motorola Solutions Inc. is in advanced talks to acquire closely held wireless-radio maker Silvus Technologies… Builder.ai, the British artificial intelligence startup backed by Microsoft Corp. and the Qatar Investment Authority,… OpenAI has announced it will acquire io, the AI hardware startup co-founded by legendary Apple… Motorola Solutions nears $4.5 billion deal for radio maker Silvus
Microsoft-Backed Builder.ai Set for Bankruptcy After Cash Seized
OpenAI to acquire Apple veteran designer Jony Ive’s startup io in $6.5 billion deal to create AI devices
Cross Border News
The Competition Commission of India (CCI) on Tuesday said it has approved Bajaj Group’s plan… French auto major Renault group has sought approval from fair trade regulator CCI to buy… The Competition Commission of India on Tuesday approved Singapore’s Temasek Holdings proposed acquisition of a… Bajaj Group get CCI’s nod to acquire Allianz’s 26 pc stake in insurance JVs for Rs 24,180 cr
Renault Group seeks CCI nod to buy out remaining 51% stake in Indian joint venture
CCI okays Temasek Holdings minority stake purchase in Haldiram Snacks Food
