The National Company Law Appellate Tribunal (NCLAT) on Monday set aside a plea against HUL, filed by an operational creditor seeking initiation of insolvency proceedings against the FMCG major. The appellate tribunal...
360 One Wealth acquires Batlivala & Karani Securities for Rs 1884 crores
Wealth management company, 360 One Wealth and Asset Management (WAM) Monday announced the acquisition of Batlivala & Karani Securities and Batlivala & Karani Finserv for ₹1,884 crore. Of the total consideration...
Logistics startup Shadowfax acquires CriticaLog
Flipkart-backed hyperlocal logistics startup Shadowfax has acquired logistics firm CriticaLog for an undisclosed amount. The acquisition will enable it to expand its offerings by introducing tailored, high-value...
Sadhana Nitro Chem completes acquisition of Calchem Industries (India)
Sadhana Nitro Chem (SNCL) has completed the acquisition of Calchem Industries (India) along with the plant, land and machinery at Roha that is adjacent to SNCL’s current factory. The payment of the requisite...
Board of L T Foods approves acquisition of further 4% stake in Raghunath Agro Industries
At meeting held on 27 January 2025 The Board of L T Foods at its meeting held on 27 January 2025 has approved the acquisition of 4% Stake in Raghunath Agro Industries, subsidiary company from DAWAAT Foods, a wholly...
Jaipur Rugs acquires luxury rug brand Shyam Ahuja
Jaipur Rugs, a handmade carpets manufacturer and a global luxury brand, has acquired luxury rug and textile brand Shyam Ahuja. The company announced the acquisition on Friday but did not disclose the transaction amount...
JK Cement enters joint venture with Kashmir’s Saifco Cement
JK Cement has entered a joint venture with J&K’s Saifco Cement through which it will expand its offerings in the region where infrastructure development is a priority, as per a press release from the company. JK...
NCLAT set aside penalty on lenders for delay in Mudra Denim insolvency process
The National Company Law Appellate Tribunal (NCLAT) has set aside the penalty imposed against lenders of debt-ridden Mudra Denim, saying there was no laxity on their part for delay in insolvency process. The Mumbai...
Equinox India Developments completes merger of NAM Estates, creates one of the largest listed realty firm
Equinox India Developments Limited has successfully merged NAM Estates, an entity of the Embassy Group, with itself, creating one of the largest publicly listed real estate companies in the market. The Boards of both...
Tata Sons seeks CCI clearance to acquire additional 10 pc stake in Tata Play
Tata Sons, promoter of Tata Group, has sought approval from fair trade regulator CCI for acquiring an additional 10 per cent stake in DTH operator Tata Play from Singapore’s sovereign wealth fund Temasek Holdings...
Tata Electronics acquires 60 pc stake in Pegatron Technology India
Tata Electronics Pvt Ltd (TEPL) on Friday announced the acquisition of a controlling 60 per cent stake in Pegatron Technology India. The company, in a release, said that the acquisition cements TEPL’s position as...
DroneAcharya, AVPL strategic merger to redefine India’s drone tech sector
BSE-listed DroneAcharya Aerial Innovations has signed a term sheet for a strategic merger with AVPL International. The financial terms of the deal were not disclosed. A joint release announcing the strategic merger said...
