Dalmia Bharat Limited on Thursday said that the National Company Law Tribunal (NCLT), Guwahati Bench, has approved a Scheme of Arrangement involving Dalmia Cement (North East) Limited and Vinay Cement Limited. The...
Govt not privatising telecom firms BSNL, MTNL, says Union MoS Pemmasani Chandra Sekhar
India is not privatising telecom firms Bharat Sanchar Nigam Ltd (BSNL) and Mahanagar Telephone Nigam Ltd (MTNL), deputy Communications Minister Pemmasani Chandra Sekhar said in reply to a parliament question on...
JSW Energy shares in focus as subsidiary acquires Virya Infrapower
The shares of JSW Energy will remain in focus on Thursday, March 13, after the company’s subsidiary JSW Neo Energy has entered into a share purchase agreement (SPA) for a 100% stake acquisition of Virya Infrapower...
Coromandel International shares in focus on acquiring 53% stake in NACL for Rs 820 crore
Shares of Coromandel International will be in focus on Thursday after the company acquired a majority 53% stake in agrochemical firm NACL Industries Ltd for Rs 820 crore and announced plans to launch an open offer to...
Groww in acquisition talks with PayU-backed Fisdom, others in diversification push
Groww, India’s largest stock broking platform, is in talks with PayU-backed Fisdom for a potential acquisition, valuing the wealthtech startup between $140-160 million, said three people in the know. The discussions...
Warburg Pincus, KKR Consortium in Talks to Buy Gerresheimer
A consortium consisting of Warburg Pincus and KKR & Co. are in talks to acquire Gerresheimer AG, the German maker of packaging for drugs and cosmetics, according to people familiar with the matter. The private...
Godrej Agrovet shares in focus on acquiring 48% stake in Creamline Dairy for Rs 930 crore
Shares of Godrej Agrovet will be in focus on Wednesday after the company announced that it will acquire the remaining 48.06% stake in Hyderabad-based Creamline Dairy Products (CDPL) for Rs 930 crore. This decision will...
Murugappa company looks to buy 49% in Nagarjuna Agrichem
Murugappa Group promoted Coromandel International is in advanced talks to buy a controlling stake in Nagarjuna Agrichem, according to sources familiar with the deliberations. The stake in discussion could be around 49%...
Supreme Industries to acquire Wavin India’s pipe business
Supreme Industries has signed a memorandum of understanding with Wavin Industries to acquire its pipes and fittings business for $30 million (about ₹262 crore), the company said on Tuesday. The process is expected to be...
Govt plans to sell 2-3% stake in LIC, to meet 10% public shareholding target by 2027: Reports
The central government is considering divesting 2-3% of its stake in Life Insurance Corporation (LIC) during 2025-26, subject to market conditions, as part of its strategy to achieve the mandated 10% public shareholding...
India steel minister says no decision on KIOCL, NMDC merger
India has not taken any decision to merge KIOCL and NMDC, junior Steel Minister Bhupathiraju Srinivasa Varma said in a written response in parliament on Tuesday. The steel ministry had proposed a merger of the miners in...
TCS to acquire Darshita Southern India Happy Homes for Rs 2,250 crore
Tata Consultancy Services (TCS), India’s largest IT services company, is acquiring 100 per cent equity share of Darshita Southern India Happy Homes for Rs 2,250 crore. The acquisition is focused on acquiring the land...
