Lumina Datamatics, a global leader in content, retail support, and technology solutions, is thrilled to announce the acquisition of a controlling stake in TNQTech, a premier Chennai-based publishing technology company...
Aarti Industries acquires 49% stake in 16.50 MW renewable energy project SPV
Aarti Industries has entered into a Share Purchase Agreement with ‘Clean Max Enviro Energy Solutions’ and ‘Clean Max Indus’. This transaction entails the acquisition of 49% Equity Shares / Voting...
JK Paper diversifies into specialty animal health business with Quadragen Vethealth acquisition
JK Paper Ltd, a paper and packaging solutions company, has acquired Quadragen Vethealth Pvt. Ltd (QVPL) for ₹460 crore in an all-cash deal to diversify into the specialty animal health, nutrition, and feed additives...
Hindustan Unilever seeks CCI clearance to acquire Minimalist
FMCG major Hindustan Unilever Ltd has sought clearance from the Competition Commission of India to acquire beauty and personal care brand Minimalist’s parent company Uprising Science Pvt Ltd. “The acquirer...
Bankruptcy court approves Helios Photo Voltaic’s acquisition by OCL Iron & Steel
The bankruptcy court approves Helios Photo Voltaic Ltd, earlier known as Moser Baer Photo’s acquisition by OCL Iron & Steel Ltd through an insolvency resolution process. Helios Photo Voltaic manufactures solar...
Byju’s insolvency: NCLT reinstates Glas Trust as financial creditor, ejects resolution professional
The National Company Law Tribunal on Wednesday reinstated Glas Trust Co. Llc and Aditya Birla Finance Ltd as Byju’s financial creditors, in a major setback to the edtech company as the two lenders will now have a...
Hatsun Agro Product acquires Milk Mantra to expand presence in eastern India
Dairy firm Hatsun Agro Product (HAP) on Tuesday said it has completed the acquisition of Milk Mantra Dairy and its brand ‘Milky Moo’, strengthening its foothold in eastern India’s dairy market. The...
CCI approves Adani Group unit’s majority stake purchase in ITD Cementation India
The Competition Commission of India (CCI) has approved Adani Group entity Renew Exim DMCC’s acquisition of up to 72.64% stake in engineering firm ITD Cementation India, a deal, analysts have said, would further boost...
Lloyd Enterprises’ board OKs to acquire additional 12.25% stake in LICL
Lloyds Enterprises announced that its board has approved the acquisition of an additional 12.25% stake in Lloyds Infrastructure & Construction (LICL) for a total consideration of Rs 14.21 crore. The Lloyds...
Kilburn Engineering completes acquisition of Monga Strayfield
Kilburn Engineering has completed the acquisition of Monga Strayfield, a global pioneer in radio frequency drying and heating technologies. The acquisition valued at Rs 123 crore will further strengthen Kilburn...
JK Cement’s Saifco buy largest private investment in J&K, says Madhav Singhania, joint MD and CEO
JK Cement’s acquisition of Srinagar-based cement maker Saifco Cement is the first major venture by a national player in Jammu and Kashmir’s cement sector, according to Madhav Singhania, joint MD and CEO of...
RBI dissolves Aviom Housing board, to initiate IBC process
The Reserve Bank of India (RBI) announced on Monday it superseded the board of Aviom India Housing Finance due to governance issues and defaults in meeting various payment obligations. The RBI also announced its...
