The National Company Law Tribunal (NCLT) dismissed a plea to initiate insolvency proceedings against Religare Enterprises Ltd observing that it was a financial service provider and does not come under the ambit of the...
Adani Enterprises buys 30% stake in Trainman, online train ticket booking platform
Adani Enterprises, the main company of Gautam Adani’s business conglomerate, has acquired approximately 30 percent ownership in Start Enterprises Pvt Ltd (SEPL), the parent company of Trainman, an online platform...
Adani Enterprises to buy train booking platform Trainman
Adani Enterprise will soon be selling online train tickets. Adani Enterprises declared its intentions on Friday and informed Indian stock market bourses that it has signed a share purchase agreement for acquisition of...
BetterPlace acquires fintech lending startup Bueno Finance
Fintech startup Bueno Finance has merged with BetterPlace amid a funding winter, according to a person familiar with the matter. Founded by Saurav Gandhi and Sandeep Arora in 2019, Bueno provides loans to blue-collar...
Brookfield closes deal to pick 51% stake in Bharti Enterprises’ four commercial properties
Global investment firm Brookfield Asset Management said that it has closed a deal to acquire a 51 per cent stake in Bharti Enterprises’ four commercial properties. This includes Worldmark at Aerocity in the national...
Temasek acquires additional 41% stake in Manipal Health Enterprises
Singapore-based Temasek is set to take majority control in Bengaluru-based Manipal Health Enterprises following the acquisition of an additional 41% stake in the hospital chain. According to a joint statement issued by...
NCLT allows insolvency plea against Future Enterprises
A Mumbai bankruptcy court acted on a petition by a trade creditor and began corporate insolvency proceedings against Future Enterprises (FEL). The National Company Law Tribunal (NCLT) has appointed Jitendra Kothari as...
Workforce management startup BetterPlace acquires Indonesia’s MyRobin
Workforce management software provider BetterPlace said on Monday it has acquired Indonesia-based blue-collar workforce fulfillment platform MyRobin, in its first expansion abroad. While the companies declined to share...
RattanIndia Enterprises acquires EV maker Revolt Motors
RattanIndia Enterprises Ltd said it has completed the acquisition of Revolt Motors which is into manufacturing of electric vehicles. Now Revolt Motors has become a 100 per cent subsidiary of RattanIndia Enterprises Ltd...
Tata Comm to acquire US-based Switch Enterprises for Rs 486 cr
Tata Communications will acquire New York-based end-to-end live video production company The Switch Enterprises in an all-cash deal for Rs 486 crore, the company said on Thursday. With both companies coming together...
V-Guard Industries to acquire Sunflame Enterprises for Rs 660 crore
V-Guard Industries (V-Guard) is going to acquire 100% stake in kitchen appliance company Sunflame Enterprises for a deal pegged at Rs 660 crore on a cash-free and debt-free basis. The definitive agreement was signed on...
Mukesh Ambani to bid for football club Liverpool FC’s takeover: Report
Indian billionaire Mukesh Ambani has entered the race to bid for world-renowned English football club Liverpool FC’s takeover, reported a leading English daily. The English Premier League giants have been put up...