Reliance Consumer Products (RCPL), the fast-moving consumer goods (FMCG) arm of Reliance Retail Ventures (RRVL), announced on Thursday that it has finalised the acquisition of a controlling stake in Lotus Chocolate...
ZEE Entertainment to move appellate body against NCLT order
Zee Entertainment Enterprises (ZEEL) is set to move the National Company Law Appellate Tribunal (NCLAT) against the National Company Law Tribunal’s (NCLT) May 11 order, a source close to the development told ET...
HDFC-HDFC Bank merger: HDFC AMC receives Sebi approval to change control
HDFC Asset Management Company (HDFC AMC) received approval from the Securities and Exchange Board of India (Sebi) for a change in its control on account of the amalgamation of HDFC Ltd and HDFC Bank Ltd. “We wish...
Mahindra & Mahindra sells entire stake in Mahindra CIE at Rs 447.6 a share
Mahindra & Mahindra on Wednesday announced selling its entire 3.195 per cent stake in Mahindra CIE. In a filing, the company said that the sale has been executed at a gross price of Rs 447.65 per equity share...
‘Factually incorrect,’ Delhivery rejects media reports on acquisition talks with Gati
Calling the media reports, factually incorrect and baseless, Delhivery has rejected claims of its acquisition deal with logistics firm Gati. The company made it clear that there have been no discussions going on on the...
Good Glamm-backed Sirona Hygiene acquires sexual wellness brand Bleu in all-cash deal
The Good Glamm Group-backed fem tech company Sirona Hygiene has acquired condom brand Bleu in an all-cash deal. Confirming the development to ET without divulging the size of the acquisition, Deep Bajaj, founder of...
Oberoi Realty inks pact to acquire NRB Bearings’ 6.4-acre land in Thane
Property developer Oberoi Realty has entered into an agreement with NRB Bearings to acquire the latter’s around 6.4 acre land parcel in Thane’s Pokhran Road 2 along with structures thereon. The company...
ZEE Entertainment to move appellate body against NCLT order
Zee Entertainment Enterprises (ZEEL) is set to move the National Company Law Appellate Tribunal (NCLAT) against the National Company Law Tribunal’s (NCLT) May 11 order, a source close to the development told ET...
Oil Ministry working on proposal to merge MRPL with HPCL
The oil ministry is drawing up a proposal to merge Mangalore Refinery and Petrochemicals Ltd (MRPL) into Hindustan Petroleum Corp Ltd (HPCL), the two listed subsidiaries of Oil and Natural Gas Corp (ONGC), according to...
Edelweiss-backed Sekura Roads to acquire Thrissur Expressway Ltd
Edelweiss-backed Sekura Roads is all set to acquire Thrissur Expressway Limited (TEL), the 28-km long road asset owned by KMC Constructions in a deal worth Rs 800 crore, said multiple people aware of the development. At...
NCLT directs NSE, BSE to ‘reassess’ approvals for Zee-Sony merger
The Mumbai bench of the National Company Law Tribunal (NCLT) has directed the National Stock Exchange and Bombay Stock Exchange to reconsider their respective initial approvals for the Zee-Sony union and issue updated...
In relief for Go First, NCLAT upholds insolvency decision
Lessors’ attempt to repossess aircraft from bankrupt airline Go First received a blow as the National Company Law Appellate Tribunal (NCLAT) upheld an order passed by National Company Law Tribunal (NCLT) admitting...
