In a major corporate restructuring, Tata Global Beverages Ltd shall acquire all the branded consumer food businesses from Tata Chemicals Ltd. in an all-stock transaction that is aimed at creating a consumer business...
West Coast Paper Mills buys majority stake in International Paper APPM
West Coast Paper Mills Ltd. (WCPML) has entered into a share purchase agreement to acquire about 51-60% stake in International Paper’s (IP) Indian unit, International Paper APPM Ltd. The stake will be acquired from...
Tata Steel acquires Bhushan through IBC route
Tata Steel has acquired Bhushan Steel (BSL) through its wholly-owned subsidiary Bamnipal Steel Ltd (BNL) through a resolution under the Insolvency and Bankruptcy Code (IBC). Tata Steel has taken a controlling stake of...
RIL’s e-commerce push: Will Reliance Retail be the next Jio?
Reliance Industries Limited (RIL) is a Fortune 500 company and the largest private sector corporation in India. Reliance's products and services portfolio touches almost all Indians on a daily basis, across economic and...