Former US vice-president Al Gore-headed Generation Investment Management’s Just Climate LLP, and Singapore’s CapitaLand Investment Ltd are among entities exploring an acquisition of Radiance Renewables Pvt. Ltd, two...
Tech Mahindra to merge US-based subsidy Born Group with parent Tech Mahindra (Americas) Inc
Tech Mahindra, India’s one of leading IT services and consultation firms, has said that the company will be merging its wholly-owned step down subsidiary Born Group with its parent company Tech Mahindra (Americas) Inc...
INOXGFL Group plans to sell majority stake in C&I business; mandates EY for sale process
INOXGFL Group has hired EY for a planned majority stake sale in its commercial and industrial (C&I) business, two people aware of the development said, a transaction with a potential equity value of around $200...
Masdar, Gentari, others eye majority stake in Ayana Renewable Power
About half a dozen investors, including Abu Dhabi’s Masdar Clean Energy, Petronas-owned Gentari, Singapore’s Sembcorp, PSP Investments and Brookfield, are vying to acquire Ayana Renewable Power, a clean...
Allcargo Logistics creating a more simplified structure
After successful demerger followed by separate listing of its Container Freight Stations/Inland Container Depots Business and Equipment Rental, Logistics Parks and other Real Estate assets, Allcargo Logistics Limited...
Synopsys to buy engineering software firm Ansys in $35 billion deal
Chip design software maker Synopsys, said it would buy Ansys, in a $35 billion cash-and-stock deal, snapping up the maker of software used in creating products from airplanes to tennis rackets of players like Novak...
SAT Order on ZEEL Directors
SEBI’s Interim Order on Zee Entertainment Enterprises Limited According to the web search results, SEBI passed an interim order against Zee Entertainment Enterprises Ltd (ZEEL) and its promoters on June 12, 2023, vide...
Iberdrola’s Avangrid terminates $8.3 bln deal to buy PNM Resources
Iberdrola’s U.S. unit Avangrid Inc said it has terminated its planned $8.3 billion acquisition of rival PNM Resources because it could not get all the necessary regulatory approvals to close the deal by Dec. 31...
TVS Group’s Restructuring – A Benchmark for Family Arrangements
Recently, TVS Holdings Limited announced the completion of its demerger of non-ferrous gravity and pressure die castings business along with the amalgamation of its holding company & other group entity. The entire...
Choice Hotels goes hostile in Wyndham takeover battle
Budget hotel operator Choice Hotels International launched a hostile bid for peer Wyndham Hotels & Resorts and prepared for a board battle to bring the target to the negotiating table. Choice went public with its...
StrideOne acquires ‘strategic’ stake in MoEVing, enters EV financing
StrideOne Capital Pvt. Ltd on Friday said it has acquired a strategic stake in MoEVing Urban Technologies Ltd, the operator of electric vehicle tech startup MoEVing. The deal will help StrideOne, the non-banking...
Italy blocked Safran-Collins deal due to national defence issues – Meloni
Italy blocked French group Safran’s planned $1.8 billion purchase of the flight control systems arm of Collins Aerospace because it could have threatened supplies to national armed forces, Prime Minister Giorgia...