Allied Blenders and Distillers said it has acquired all brands and other Intellectual Property rights from Fullarton Distilleries Private, the maker of Pumori gin and Woodburns whiskey for nearly Rs40 crore. ABD...
TVS Holdings acquires 80.74% stake in Home Credit India for Rs 554 crore
TVS Holdings Ltd on Monday announced the successful completion of its acquisition of an 80.74 per cent equity stake in Home Credit India Finance (Home Credit India) for Rs 554 crore. The remaining 19.26 per cent of the...
Godrej Properties acquires Pearlshine Home Developers
Godrej Properties on 03 February 2025, has acquired 100% equity shares of Pearlshine Home Developers (PHDPL) from its existing shareholders. Pursuant to the said acquisition, PHDPL has become the wholly-owned subsidiary...
Merger mania: Will big listed companies get to skip the company court?
The Centre may consider eliminating mandatory approval from the company law court in the merger and demerger of local listed firms, two people aware of the discussions in said, over eight years after it allowed the...
Nazara Technologies shares in focus as subsidiary acquires Starladder for $5.5 million
The shares of Nazara Technologies will remain in focus on Friday, January 31 after the company, earlier today announced that its subsidiary NODWIN Gaming has acquired Starladder, a leading esports IP and services...
Embassy Buildcon owner of WeWork India and WeWork Inc to divest around 25% stake through IPO
Flexible managed office firm, WeWork India has submitted its draft red herring prospectus (DRHP) to the Securities and Exchange Board of India (SEBI) in order to raise funds through an initial public offering (IPO)...
JSW Infra promoters plan to sell stake to fund Rs 39,000 crore capex
Sajjan Jindal family plans to dilute 14% of its promoter shareholding in JSW Infrastructure to fund its ₹39,000-crore capex over the next five years. Alongside its ongoing expansion efforts, India’s second-largest...
Go First acquisition: NCLAT asks Busy Bee Airways to negotiate deal with lenders
The National Company Law Appellate Tribunal (NCLAT) has asked Busy Bee Airways, a bidder for bankrupt airline Go First, to approach the airline’s lenders and negotiate a deal to acquire the airline as a going concern...
RBI files application for insolvency proceedings against Aviom India Housing Finance
The Reserve Bank of India (RBI) has initiated insolvency proceedings against fraud-hit Aviom India Housing Finance, appointing a three-member advisory committee to assist former Punjab National Bank chief general...
Delhi HC refuses to stay Burman family’s open offer to buy an additional 26% stake in Religare
The Delhi High Court has refused to stay the Burman family’s open offer to buy an additional 26% stake in Religare Enterprises (REL) from public shareholders. The court has also refused to stay REL’s annual general...
Saksoft completes acquisition of Zetechno Products and Services
Saksoft has completed the acquisition of 100% stake in Zetechno Products and Services for a total cash consideration of Rs 3 crore. Zetechno Products and Services (Zetechno) is a niche ServiceNow Premier Consulting and...
Resolution plans with mergers need CCI clearance before CoC approval: SC
The Supreme Court bench, by a majority of 2:1, has ruled that approval of the Competition Commission of India (CCI) for corporate insolvency resolution plans involving mergers and acquisitions must be secured before the...
