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...
Zydus Board approves business transfer agreement for acquisition of API biz of Sterling Biotech
At meeting held on 17 September 2024 The Board of Zydus Lifesciences at its meeting held on 17 September 2024 has approved a Business Transfer Agreement (BTA) to purchase the API business (the Target Business) of...
Lumax to acquire majority stake in Greenfuel Energy Solutions
Lumax Auto Technologies on Saturday said it has inked a pact to acquire a majority stake in Greenfuel Energy Solutions from its existing shareholders for an undisclosed amount. The proposed acquisition will enable the...
NCLT withdraws nod given earlier for merger of Zee and Sony entities
The National Company Law Tribunal (NCLT) has withdrawn its approval for the merger scheme between Zee Entertainment Enterprises and Sony Group Corporation’s India media entities, Culver Max Entertainment and...
Reliance Capital Insolvency: NCLAT notice to IIHL on CoC plea for interest for extended time & forfeiture
The NCLAT on Friday issued a notice to IndusInd International Holdings Ltd (IIHL) over a plea filed by lenders of Reliance Capital (RCap) seeking interest on payment for the extended period for the upfront payment by...
Max Healthcare acquires Jaypee Healthcare under IBC
Max Healthcare said it has entered into a strategic agreement with Lakshdeep Group to acquire controlling stake in Jaypee Healthcare which is undergoing Corporate Insolvency Resolution Process (CIRP). The acquisition is...
Torrent reaches deal to acquire majority stake in IPL franchise Gujarat Titans
Ahmedabad-based Torrent Group has reached an understanding with European private equity major CVC Capital Partners to acquire a majority stake in the Indian Premier League (IPL) franchise Gujarat Titans after the...
Fintech lending platform Moneyview acquires fintech startup Jify; attains unicorn status
Bengaluru-based fintech lending platform Moneyview has acquired fintech startup Jify in a share swap arrangement. Through the deal, Jify’s two major investors Accel India and Nexus Venture Partners got 60.2 lakh shares...
