Belding India added 3.21% to Rs 1749 after the company said that DC&T Global has completed the acquisition of 55% shareholding of Metafin Technology by way of subscription to fresh equity shares in Metafin. DC&T...
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Allied Blenders’ board nod to acquire 50% stake in Kion Blenders
Allied Blenders and Distillers announced that its board has approved to enter into shareholders’ agreement with Kion Blenders Industries to acquire a 50% stake from the existing shareholders. Kion Blenders...
Dabur India signs deal to acquire minorty stake in RAS Beauty
Dabur India announced that it has signed a definitive agreement to acquire a minority stake in new-age luxury skincare D2C Company, RAS Beauty, aiming to capture the fast-growing premium beauty segment. Founded by three...
Cygnet.One Acquires Majority Stake in Connectivity IT Services to Expand Managed IT Capabilities
Cygnet.One today announced the acquisition of a majority stake in Connectivity IT Services, a Managed IT Services firm with expertise in infrastructure management, value-added product distribution, and 24×7 ATS...
CCI clears Central Bank’s additional stake buy in Generali Central insurance ventures
The Competition Commission of India announced on Tuesday that it has approved the acquisition of additional shareholding in Generali Central Insurance Company and Generali Central Life Insurance Company by Central Bank...
Dabur to acquire a minority stake in the luxury skincare D2C company RAS Beauty, for Rs 60 crore
Packaged goods maker Dabur is acquiring a minority stake in luxury skincare direct-to-consumer company RAS Beauty for Rs 60 crore, it said in a BSE filing late Tuesday. RAS Beauty is a Raipur-based digital first, “farm...
Legends League Cricket sold to Blue God Entertainment for Rs 49 crore
Absolute Legends Sports on Monday announced that Legends League Cricket has been acquired by Blue God Entertainment for Rs 49 crore, making it the first cricket league which will be represented through a listed Indian...
Mitsubishi Mahindra Agricultural Machinery to exit farm equipment business
Mitsubishi Mahindra Agricultural Machinery Co (MAM), an associate company of Mahindra & Mahindra, will exit the agricultural machinery business after years of losses and a review of its long-term viability. Mahindra...
Bartronics India to acquire minority stake in Hyderabad-based Huwel Lifesciences
Avio Smart Market Stack (ASMS) (formerly known as Bartronics India) has signed a Share Subscription cum Shareholders’ Agreement with Hyderabad-based Huwel Lifesciences pursuant to and in furtherance of the MoU...
NCLAT dismisses Dhoot brothers’ plea in ₹5,354 crore SBI insolvency case
The appellate tribunal NCLAT has dismissed petitions filed by two Dhoot brothers – Rajkumar Nandlal Dhoot and Pradeep Nandlal Dhoot, challenging the initiation of personal insolvency against them over a default...
Jindal Films’ class action suit: NCLAT declines to stay NCLT order
The appellate tribunal NCLAT has declined to stay an order of the National Company Law Tribunal, which has admitted a class action petition against Jindal Poly Films, filed by its shareholders. A two-member NCLAT bench...
RBI’s power play to fire up mergers and acquisitions
In a decisive move aimed at creating a stronger, more competitive corporate environment and enhancing the role of commercial banks in the mergers and acquisitions (M&A) activities in India, the Reserve Bank of India...
