Aniruddha Jain
HEG Limited (“Demerged Company” or “HEG”) is, inter alia, engaged in the business of manufacturing and exporting graphite electrodes and operates the world’s largest single-site integrated...
Tata Capital adds Tata Motors Finance to its business verticals
Recently, TATA Group decided to merge its two key companies engaged in the business of financing.Tata Motors Finance Limited (“TMFL” or “Transferor Company”) is a non-banking financial company operating as a non-banking...
KAYA exits from Middle East Region: To Focus on India Business only
Kaya Limited was formed pursuant to the demerger of Kaya Skin Care business from Marico kaya Enterprises Limited to Kaya Limited. As a result of the demerger, Kaya became an independent company and listed on nationwide...
SIEMENS Energy to be a separate entity in alignment with global strategy
Siemens AG announced its Vision 2020+ which included the spin-off of its Gas & Power (G&P) i.e., Energy Business into Siemens Energy. The rationale was to give the energy division the independence to pursue its...
Arvind Group separates its Advanced Material Business for Independent growth trajectory
Advanced Material Business (AMD) of Arvind Limited focuses on advanced materials and caters to customer needs across the textile value chain, including specialty yarns, fabrics, and ready-made products. It has shown...
Merger for bail-out from debt obligation
Ind Swift Limited (hereinafter also referred to as ‘ISL’ or ‘Transferor Company’) is engaged in the business of manufacturing Pharmaceutical Products. ISL is a leading pharmaceutical manufacturer of Finished Dosages...
National News
Fair trade regulator CCI has dismissed allegations of anti-competitive practices against GMR Airports and Delhi… SBI Mutual Fund (MF), ICICI Prudential MF, and Nippon India MF on Friday acquired a… Ecommerce software company Unicommerce Esolutions has completed the acquisition of the 57.24% stake it did… Competition Commission of India dismisses allegations of anti-competitive practices against GMR Airports
SBI MF, ICICI Prudential MF, Nippon India MF buy 4.12% stake in TBO Tek for Rs 537 cr
Unicommerce acquires shipping automation company Shipway Technology
International News
The US Federal Communications Commission is prepared to block mergers and acquisition proposals from companies… German media group ProSiebenSat.1 said on Friday it would sell comparison website Verivox to Italy’s… Abu Dhabi renewable energy company Masdar is exploring the acquisition of a stake in French… FCC’s Carr Threatens to Block M&A for Companies With DEI
ProSiebenSat.1 sells Verivox to Italy’s Moltiply for $250 million
Masdar weighs buying stake in TotalEnergies’ Portuguese renewables, sources say
Cross Border News
India’s Manappuram Finance said on Thursday Bain Capital would invest 43.85 billion rupees ($508 million)… KDDL advanced 2.44% to Rs 3,056.80 after the company announced that its wholly owned subsidiary,… Allianz SE is stepping up efforts to forge an alliance with Mukesh Ambani-led Jio Financial… Bain Capital to buy stake worth $508 million in India’s Manappuram Finance
KDDL gains as arm acquires stakes in Silvercity Brands AG
Life after Bajaj: Allianz fast tracks plans of new alliance with Jio Financial
