The Competition Commission of India has approved UltraTech Cement’s proposed acquisition of South-based India Cements, it said in a release on Friday. UltraTech is the largest producer of cement in the country...
NCLT approves Raymond’s plan to demerge real estate business
The National Company Law Tribunal (NCLT) has approved the demerger scheme of Raymond Ltd, paving the way for the reorganisation of its real estate business into a separate entity, Raymond Realty. The move is aimed at...
TeamLease acquires stakes in TSR Darashaw, Crystal to expand its HR Services portfolio
Staffing company TeamLease Services on Friday announced that it has acquired stakes in outsourcing services TSR Darashaw and HR Tech software solutions provider Crystal HR and Security Solutions Private (Crystal HR) for...
Burmans’ Religare open offer to acquire additional stake gets Sebi nod
The Securities and Exchange Board of India (Sebi) has approved the Burman family’s proposed open offer to acquire an additional 26% stake in New Delhi-based Religare Enterprises (REL), sources familiar with the...
Saksoft inks pact to acquire Zetechno
Saksoft has executed a share purchase agreement (SPA) to acquire 100% stake in Zetechno Products and Services to enhance its capabilities in ServiceNow implementation, consulting, and custom application development...
Smashers Sports acquires Delhi franchise of World Pickleball League
Smasher Sports, backed by global investment firm Terra Invest and former Wimbledon tennis player Ashok Amritraj-backed Hyde Park Entertainment, has acquired the Delhi Franchise of the World Pickleball League (WPBL), the...
ITC acquires 2.44% stake in EIH and 0.53% in Leela Mumbai
ITC has acquired 2.44% equity in luxury hospitality company EIH Limited while buying 0.53% of the share capital in HLV Limited, the company on Wednesday informed the exchanges post-market hours. The shares were acquired...
Nodwin Gaming to acquire 92.30% stake in AFK Gaming
Nodwin Gaming (Nodwin), a material subsidiary of Nazara Technologies, has on 18 December 2024, signed Share Purchase Agreement with AFK Gaming (AFK), Nishant Patel, Rakesh Ramachandran and Siddharth Nayyar (the Founders...
TVS Credit to make a bid for Avendus Capital
TVS Credit has joined the race for KKR-backed investment bank Avendus Capital as part of its strategy to expand the group’s financial services business, three people with knowledge of the development said. The...
Varun Beverages shares jump nearly 2% on acquiring 40% stake in Lunarmech
Shares of PepsiCo’s bottling partner Varun Beverages jumped 1.7% to their intraday high of Rs 657 on the BSE after the company announced that it has completed the acquisition of a 39.93% stake in Lunarmech. This makes...
Adani Cement to merge Sanghi & Penna units with Ambuja Cements
Adani Cement Tuesday said it will merge Sanghi Industries and Penna Cement Industries with flagship Ambuja Cements, consolidating the recently acquired companies under a single entity. Shareholders will get a dozen...
Jindal Saw to acquire 31.20 pc stake in ReNew Green Energy for undisclosed amount
Jindal Saw on Tuesday said it has inked a pact to acquire 31.20 per cent equity in ReNew Green Energy. However, the company did not divulge the financial details of this equity acquisition. In a filing, Jindal Saw said...
