Aurobindo Pharma Ltd on Wednesday said it will acquire the balance 49 per cent stake in GLS Pharma Ltd for Rs 22.5 crore to make the latter a wholly-owned subsidiary. The company has entered into a binding agreement on...
Rishabh Pant buys 2% stake in Techjockey for Rs 7.4 crore
Cricketer Rishabh Pant has acquired a 2% stake in online software marketplace Techjockey for Rs 7.4 crore, valuing the company at Rs 370 crore. Pant said he invested in Techjockey as the company was aiming to simplify...
Aster DM Health, Quality CARE inching closer to a merger deal
The proposed merger between Bangalore-based listed hospital chain Aster DM Healthcare and Hyderabad-based Quality CARE India is in its final stages of negotiations, and the deal is expected to be signed by the end of...
Bhartias lead race for Coke bottler Hindustan Coca-Cola Beverages, ink exclusivity pact to buy up to 40% s
The promoters of the Jubilant Bhartia Group have emerged as frontrunners for a stake in Coca-Cola’s India bottling arm, bettering an offer by the Burmans of Dabur, as they amp up their bet on the country’s...
RBI approves Aditya Birla Capital’s merger with AB Finance; stock up 6%
Aditya Birla Capital shares soared 5.7 per cent and logged an intraday high of Rs 240 per share. The buying interest in the stock came after the Reserve Bank of India (RBI) gave its nod for the merger of Aditya Birla...
DCM Shriram Industries gains 4% as BSE clears merger proposal
DCM Shriram share price today: Shares of DCM Shriram Industries climbed 3.8 per cent to Rs 200 per share on the BSE on Wednesday. The gain in DCM Shriram Industries share price came after the BSE issued “no...
Marketing tech agency Wondrlab acquires second influencer firm OPA
Mumbai-based Wondrlab, a marketing-technology agency, has acquired its second influencer marketing platform OPA. The company, which has raised $13 million from investors, said this is its sixth acquisition and second in...
Network18’s merger with TV18 and E18 gets NCLT approval
The Mumbai bench of the National Company Law Tribunal (NCLT) has granted final approval for the merger of TV18 Broadcast and e-Eighteen.com (E18) into Network18 Media and Investments, promoted by Reliance Industries Ltd...
Nippo-maker Indo National sells entire 51% stake in Kineco for Rs 220 cr
Chennai-based Indo National Ltd, the manufacturer of consumer electrical brand Nippo, Tuesday said it has divested its entire 51% stake in composites maker Kineco Ltd for Rs 220 crore. Indo National said in a statement...
JK Tyres board approves merger of Cavendish Industries
JK Tyre and Industry Ltd board on Monday approved the merger plan of Cavendish Industries Ltd, said the company in a press release. The company said the amalgamation would result in all the businesses being housed in...
Toyam Sports acquires Legends League Cricket’s Hyderabad team
Toyam Sports has acquired the Suresh Raina-led Hyderabad franchise in the Legends League Cricket (LLC) for an undisclosed amount. Toyam Sports is a publicly listed company involved in sports production, promotion, and...
EaseMyTrip enters medical tourism; board approves Rs 90 crore acquisitions
Online travel platform EaseMyTrip on Tuesday announced its move into the growing medical tourism sector with the acquisition of a 49 per cent equity stake in Pflege Home Healthcare for Rs 30 crore, and a 30 per cent...
