In a move to consolidate its Agro-chemical business, Godrej Group has decided to merge its acquired listed entity into its listed holding company. Astec Lifesciences Limited (Astec), established in 1994, Astec...
Merged Lux – from For Men to for family
The Board of Directors of Lux Industries Limited have approved the scheme of merger of its group entities J. M. Hosiery & Co. Limited and Ebell Fashions Private Limited with Lux Industries Limited. Lux Industries...
Promoters revives MBL Infra with increased stake
MBL Infrastructure Ltd (MBL Infra) is engaged in the execution of civil engineering projects. The Company provides integrated engineering, procurement and construction (EPC) services for civil construction and...
IIFL Securities stuck with Ashapura Shares
Ashapura Intimates Fashion Limited (Company) is a Mumbai based company listed on Bombay Stock Exchange (BSE). The Company is innerwear retailer doing business under the brand name ‘Valentine’. Entire Equity Share...
Can Mukand achieve sustained growth?
MUKAND LTD (ML), incorporated in the year 1937, was acquired by the present promoter families, Shri Jamanlal Bajaj and Shri Jeevan Lal Shah, on the behest of Mahatma Gandhi in the year 1939. The Company then operated re...
Big ticket inbound deals drive M&As in India
The year 2018 is seeing a lot of big-ticket mergers and acquisitions (M&As) in India by foreign companies. Till September, India has got investments worth $40.5 billion through M&As by foreign companies in the...
Slump Sale of Defense Business by Tata Motors
Tata Group is one of the oldest and biggest group in the country. The group has many companies and we always see restructuring happening in the group and subsidiaries year after year. There can be many reasons behind...