Bharti Airtel on Tuesday announced the company, along with its subsidiary Bharti Hexacom Limited, would acquire rights to use entire 400 megahertz spectrum of Adani Data Networks (ADNL). ADNL had acquired 400 Mhz...
Ambuja Cements completes acquisition of promoters’ 37.8% stake in Orient Cement
Adani Group-owned Ambuja Cements has completed the acquisition of 37.8 per cent promoters’ stake of CK Birla group firm Orient Cement Ltd (OCL) and has become a promoter. With this, the total shareholding of...
JK Paper acquires majority stake in Quadragen Vethealth
JK Paper has acquired 37,28,400 equity shares representing 62.14% of paid-up share capital of Quadragen Vethealth (QVPL) within the said timelines, in accordance with the terms of the SPSHA. Post said acquisition, QVPL...
Jio Platforms to absorb edtech firm Embibe
Jio Platforms Ltd (JPL), an arm of Reliance Industries Ltd (RIL) that houses its telecom and digital businesses, is set to absorb edtech firm Indiavidual Learning Private Limited, or Embibe, in a move that has caused...
360 ONE WAM to acquire UBS India wealth biz in Rs 307 crore deal
360 ONE WAM Ltd on Tuesday announced the acquisition of UBS AG’s India wealth management business in a transaction valued at Rs 307 crore, further strengthening its presence in the domestic wealth management sector. The...
Goodyear looks to sell India farm tyres biz for Rs 2,500 crore
Goodyear Tire and Rubber is planning to hive off and sell its farm tire business in India, a year after it sold its off the road business to Japanese major Yokohama for $905 million, said people aware of the development...
HUL acquires majority stake in Minimalist parent co Uprising Science for Rs 2,706 crore
Hindustan Unilever Limited (HUL), one of India’s leading FMCG companies, announced on Monday the successful completion of its acquisition of a 90.5% stake in Uprising Science at Rs 2,706.44 crore. The acquisition was...
Bankruptcy court dismisses insolvency plea against Dentsu Communication India
The bankruptcy court in Mumbai has recently dismissed an insolvency petition filed against Dentsu Communication India, citing a lack of evidence of operational debt and raising concerns over allegedly ‘fraudulent...
Shivinder Mohan Singh moves NCLT, files plea for personal insolvency
Former Fortis Healthcare promoter Shivinder Mohan Singh has moved a plea before the National Company Law Tribunal for personal insolvency, stating that his liabilities far exceed his assets. Singh has filed the plea...
LIC hikes its stake in Bank of Baroda to 7.05%
Insurance behemoth LIC on Monday said it has increased its stake in state-owned Bank of Baroda (BoB) by nearly 2 per cent to 7.05 per cent. The life insurance company has acquired additional 10.45 crore shares from open...
Devyani Intl jumps as board plans to acquire Biryani By Kilo
Devyani International rallied 5.20% to Rs 174 after the company announced that its board will meet on Thursday, 20 April 2025, to consider acquiring majority stake in Sky Gate Hospitality, which operates restaurants...
PFC, IREDA mull sale of Gensol EVs to secure loans
Power Finance Corp. (PFC) and Indian Renewable Energy Development Agency (IREDA) are considering a plan to auction the electric vehicles (EVs) that financially troubled Gensol acquired by taking loans from the two...
