Shree Cement Limited has signed an asset purchase agreement with StarCrete LLP to acquire five operational RMC plants for Rs 33.50 crore. The company, in a statement, said with this asset purchase, it has announced its...
Maharashtra Cabinet approves purchase of MMRDA-Reliance Infra joint venture from Anil Ambani
The Eknath Shinde-led Maharashtra Cabinet has given an in-principle approval for the acquisition of Mumbai Metro One, a public-private partnership project jointly owned by Reliance Infrastructure Limited (R-Infra), led...
Centre raises M&A thresholds for antitrust regulator’s nod
The Ministry of Corporate Affairs on Friday increased the asset and turnover thresholds for mergers and acquisitions of firms that would require the approval of the antitrust regulator, sparing small deals from...
Vertoz Ventures into the CloudTech Sector through the Strategic Merger
While the Company already specializes in MadTech solutions with its diverse platforms and services that facilitate a wide range of digital marketing and advertising technology, this amalgamation will add a plethora of...
CIEL Group acquires strategic stake in Courseplay
Human resource solutions provider CIEL Group on Tuesday said it has acquired a strategic stake in Courseplay, a Mumbai-based leading global learning experience platform. This move is in line with Chennai-based...
IFFCO moves NCLT against Triumph Offshore, Swan Energy
IFFCO has moved the NCLT against Swan Energy Ltd (SEL) and their joint venture Triumph Offshore to restrain their JV firm from passing any resolution without its approval and issuing any share/security to the lenders...
Viacom18-Star merger may face intense CCI scrutiny
The proposed merger between Reliance Industries-owned Viacom18 and Walt Disney’s Star India is likely to go through greater scrutiny by the Competition Commission of India (CCI) given the impact it could have on...
NCLT adjourns hearing on Star India-Novi Digital merger
The National Company Law Tribunal (NCLT) adjourned the hearing in the scheme of arrangement between Walt Disney-owned Star India and its subsidiary Novi Digital Entertainment, which owns the streaming platform Disney+...
Fiserv, Amadeus vie to acquire Shift4 Payments, sources say
Fiserv and Amadeus IT Group are competing to acquire Shift4 Payments, a payments processor that has a market value of nearly $7 billion, according to people familiar with the matter. Fiserv and Amadeus are the two main...
Trading platform Webull to list on Nasdaq via $7.3 bln SPAC deal
Online trading platform Webull said on Wednesday it has agreed to list its shares on the Nasdaq via a merger with a blank-check firm, which values the combined company at $7.3 billion. The deal with SK Growth...
NCLT set to pronounce ruling on Hinduja group’s resolution plan for Reliance Capital
The bankruptcy court in Mumbai is likely to pronounce its ruling on Tuesday in an application filed by the administrator of Reliance Capital Ltd to approve the company’s acquisition by IndusInd International Holdings...
Tech Mahindra acquires 100% stake in Orchid Cybertech for $3.27 million
IT services and consulting firm Tech Mahindra, announced on Tuesday, February 20, that it has completed the acquisition of a 100% stake in Orchid Cybertech Services (OCSI) through its wholly-owned subsidiary for a total...