Amara Raja Electronics Ltd said it has acquired a stake in engineering design firm Design Alpha. The acquisition will position Amara Raja Electronics Ltd AREL as a fully integrated electronic systems design and...
Samvardhana Motherson to acquire 81% stake in Honda Motor arm Yachiyo
Auto parts maker Samvardhana Motherson International (SAMIL) announced on July 4 that it will buy a majority stake of 81 per cent in Japan-based auto-part maker Yachiyo Industry’s four-wheeler (4W) business...
NCLT approves AM Mining India’s resolution plan for Indian Steel Corporation
ArcelorMittal India on Monday said a resolution plan submitted for Indian Steel Corporation by its arm AM Mining India has been approved by the NCLT, Mumbai. In a statement, ArcelorMittal India Pvt Ltd said it...
Aquapharm in talks to sell stake for ₹5k crore
Speciality chemicals firm Aquapharm Chemicals Pvt. Ltd is in talks with private equity (PE) investors to raise ₹5,000 crore through a stake sale, two people familiar with the development said. However, the company has...
YET ANOTHER RESTRUCTURING TO UNLOCK VALUE OF TAN BUSINESS BY DEEPAK FERTILISERS
Technical Ammonium Nitrate (TAN) is an important chemical used in various industries, including mining, construction, and agriculture. Its primary use is as a component in explosives, where it is mixed with other...
Japan’s Inpex buys stake in UK offshore wind farm from Mitsubishi
Inpex, Japan’s largest oil and gas exploration and production company, said on Thursday it has bought a 16.7% stake in the Moray East offshore wind farm in Scotland from Mitsubishi to expand further into renewable...
IIFL Online Retail Broking business shall be managed along with 5Paisa Online Discount Broking Business
To facilitate growth & rapidly changing dynamics in “Discounted Broking Business,” in 2016, IIFL Group demerged its “Discount Broking” arm from the group’s listed holding company IIFL Holding Limited (Now IIFL...
Pine Labs acquires Saluto Wellness to bolster its rewards management play
Pine Labs has acquired rewards and engagement platform Saluto Wellness, as the fintech firm continues to bolster its customer offerings. According to sources, the deal is a full cash buyout, and the senior management at...
Are Shiny days back for Jindal Stainless?
After having a roller-coaster decade, shiny days seem to be back for the Ratan Jindal Group. After a successful exit from the debt restructuring, the group announced the consolidation of two listed companies which were...
France’s InVivo to buy one of the world’s oldest malthouses in Belgium
Malteries Soufflet, a branch of French agribusiness group InVivo, said it had signed an agreement to take over Belgian malthouse Castle Malting, one of the oldest producers of the beer ingredient in the world. When...
Delhivery acquires Algorhythm Tech to boost supply chain solutions offering
Ecommerce focused logistics service provider Delhivery is acquiring Pune-based Algorhythm Tech, which delivers planning and optimisation solutions for enterprise supply chain operations, for an undisclosed amount. The...
Shyam Metalics acquires Mittal Corp
Kolkata-headquartered integrated metal producer Shyam Metalics and Energy Ltd has announced the acquisition of Indore-based Mittal Corp Ltd to expand its footprint in stainless steel, wire rod and bar mill businesses...