JSW Energy on Wednesday said its arm JSW Neo Energy has completed the acquisition of 4.7 GW renewable energy platform from O2 Power for an enterprise value of Rs 12,468 crore. The total installed capacity now stands at...
Nuvoco Vistas gets NCLT nod to acquire Vadraj Cement
The Mumbai bench of the National Company Law Tribunal has approved Vadraj Cement’s acquisition by Nirma group-owned listed cement maker Nuvoco Vistas Corp Ltd. Gujarat-based Vadraj Cement, formerly owned by ABG...
BlueStone, Elevation Capital-backed Aye Finance get Sebi nod for IPO
Jewellery retailer BlueStone and Elevation Capital-backed Aye Finance on Wednesday received the market regulator’s approval to raise funds through initial public offerings (IPO). Both companies filed their...
Remsons Industries acquires 51% stake in Astro Motors
Remsons Industries has announced the acquisition of Astro Motors, three wheeler electric vehicle manufacturing company. Astro Motors is engaged in the business of developing and manufacturing of electric vehicles for...
Vedanta looks to go for four-way business split
Metals maven Anil Agarwal-owned Vedanta is considering trimming its proposed demerger into four units, from the originally planned six and later reduced to five, after a corporate tribunal blocked the spin-off of its...
Karnataka HC lifts NCLT freeze on Aakash Educational Services stake sale
The Karnataka High Court on Tuesday quashed an order of status quo on the shareholding of Aakash Educational Services Limited (Aakash) and sent the matter back to National Company Law Tribunal (NCLT) Bengaluru for...
Bajaj Healthcare gains after acquiring WHO-GMP certified firm Genrx Pharma
Bajaj Healthcare added 2.48% to Rs 584.10 after the company announced the acquisition of Genrx Pharmaceuticals (in liquidation) as a going concern, as per the sale certificate dated 04 April 2025 that has been issued by...
ITC shares in focus after completing Rs 131 cr acquisition of Ample Foods
Shares of FMCG major ITC are expected to remain in focus when markets open on Monday, April 7, following the company’s announcement of acquiring a significant stake in Ample Foods Private Limited (AFPL) for...
Haldiram’s Nagpur & Delhi branches complete merger
“A new chapter begins and it’s a significant one,” ethnic snacks maker Haldiram’s chief executive KK Chutani wrote on social media platform LinkedIn on Monday afternoon, to announce the merger of two family entities...
NCLAT dismisses IDBI Bank’s insolvency plea against Zee
In a relief for Zee Entertainment Enterprises Ltd, the National Company Law Appellate Tribunal (NCLAT) has dismissed the insolvency plea filed by IDBI Bank against the media company over unpaid dues of around ₹150 crore...
Tata Motors demerger, business split update: Shareholders to vote on May 6
Tata Motors has announced that it will convene a meeting of its equity shareholders on May 6, to vote on a proposed Composite Scheme of Arrangement involving the reorganization of its commercial and passenger vehicle...
Delhivery to acquire Ecom Express in a cut-price deal for Rs 1,407 crore
New-age logistics firm Delhivery said it will acquire rival Ecom Express for Rs 1,407 crore in what is among the biggest consolidation moves in the sector. The all-cash deal is a distress sale for the struggling Gurgaon...
