KARAM Safety, a leading global Personal Protective Equipment (PPE) player and fall protection solutions provider, has acquired Midas Safety India, a prominent player in the hand protection safety products industry...
Bayer acquires remaining 25% stake in Bayer Zydus Pharma Pvt Ltd to secure full ownership
Bayer Pharmaceuticals Private Limited and Zydus Lifesciences Limited (formerly Cadila Healthcare) on Thursday announced the conclusion of their joint venture (JV) – Bayer Zydus Pharma Private Limited (BZPPL). The...
IRDAI nod likely soon for IIHL’s buyout of Reliance Capital’s three insurance arms
The Insurance Regulatory and Development Authority of India (IRDAI) is most likely to give the go-ahead to IndusInd International Holdings Limited’s acquisition of Reliance Capital’s three insurance...
Paramount Global exited Reliance’s Viacom18 with attractive returns: Top executive
Paramount Global’s sale of its 13.01% stake in Viacom18 to Reliance Industries (RIL) has provided the company with an opportunity to exit the Indian joint venture (JV) with an attractive return on investment, a top...
Indiabulls Real Estate acquires Sky Forest Projects for Rs 647 crore
Indiabulls Real Estate on Tuesday said it has acquired 100 per cent stake in Sky Forest Projects Pvt Ltd from Blackstone at an enterprise value of Rs 647 crore. In a regulatory filing, the company said its subsidiary...
GMR Airports Infra to buy stake in WAISL for Rs 57 crore
GMR Airports Infrastructure on Tuesday announced acquiring an 8.4 per cent stake in WAISL, which provides digital infrastructure services at airports, as the company looks to strengthen its presence in airport-related...
Manipal Hospitals to acquire Kolkata’s Medica Synergie
Manipal Hospitals, the second-largest hospital chain in India, has acquired 87% stake in Kolkata-based hospital chain Medica Synergie, stated a press release. This acquisition is in line with Manipal Hospitals’...
Tatas to speed up Air India-Vistara merger
Tata Sons is rushing to complete the integration of Air India and Vistara and operate as a single airline by the end of this year, people familiar with the matter said. They added that both the airlines have approached...
Apollo Hospitals share price falls 8% post stake sale and Keimed merger
Shares of Apollo Hospitals on Monday fell up to 8% to the day’s low at Rs 5,738 on BSE after the company’s subsidiary Apollo HealthCo (AHL) agreed to sell a 16.8% stake for Rs 2,475 core ($300mn) to Advent...
Govt to take decision on Hindustan Zinc OFS after testing market: Mines Secretary
The government is committed to offloading its stake in Vedanta group firm Hindustan Zinc through offer for sale (OFS) and will take the decision on this after testing the market, mines secretary V L Kantha Rao said on...
Bandhan Bank: Outgoing MD & CEO Chandra Shekhar Ghosh considering stake sale in promoter group, says report
Bandhan Bank MD & CEO Chandra Shekhar Ghosh is reportedly considering options to monetise his holding in Bandhan Financial Services, moving towards a partial divestment in Bandhan Bank, the Hindu BusinessLine...
NCLT OKs Macrotech Developers’ acquisition of Centaur Hotel owner’s V Hotels
A bankruptcy court approved Macrotech Developers’ acquisition of Mumbai-based V Hotels Ltd, owner of Tulip Star, earlier known as the iconic Centaur Hotel. Lodha Group-owned Macrotech Developers is paying around Rs 890...
