Mukesh Ambani-led Reliance Industries Ltd (RIL) has announced the acquisition of 100 per cent equity stake in Nauyaan Tradings Private Limited (NTPL) through its wholly owned subsidiary Reliance Strategic Business...
IndiGrid to raise Rs 4,200 crore to acquire transmission and solar assets
India Grid Trust (IndiGrid), the country’s first infrastructure investment trust (InvIT), plans to raise about ₹ 4,200 crore to acquire electricity transmission assets, solar power plants and to refinance its existing...
Private Search Engine “Retifo” acquired by Zordo Technologies
Retifo is a cutting-edge private search engine designed to prioritize user privacy and security in the ever-evolving digital landscape. In contrast to most common search engines that tend to follow and secure...
Juniper Hotels gain 4% on acquiring 100% stake in Jenipro Hotels; Details
Juniper Hotels shares advance 4 per cent in trade on BSE, logging an intraday high at Rs 287 per share. The buying in the stock sparked after the company entered into a share purchase agreement with Jenipro Hotels...
KDDL gains as arm acquires stakes in Silvercity Brands AG
KDDL advanced 2.44% to Rs 3,056.80 after the company announced that its wholly owned subsidiary, Mahen Distribution, had acquired 8,74,000 partly paid-up equity shares of Silvercity Brands AG, a Switzerland-based watch...
Zen Technologies shares zoom after acquiring 45% stake in Bhairav Robotics
Share of Zen Technologies advanced 4.5 per cent on Wednesday after it acquired 45.3 per cent stake in of Bhairav Robotics Private Limited, making it an associate company. Zen Technologies’ stock rose as much as 4.51 per...
LIC to announce acquisition in health insurance firm by Mar 31: CEO Mohanty
State-owned Life Insurance Corporation of India (LIC) is in advanced stages of negotiation to buy a ‘substantial’ stake in a standalone health insurer to broaden its footprint in that segment, the insurer informed the...
IIHL completes acquisition of RCAP; mgmt transfer to take place on Wed
IndusInd International Holdings Ltd (IIHL) has completed the transaction to acquire debt-ridden Reliance Capital (RCAP) by transferring the entire bid amount to lenders, IIHL chairman Ashok Hinduja said on Tuesday. The...
Sun Pharma gains as arm acquires Antibe Therapeutics for $4.5 Million
Sun Pharmaceutical Industries rose 1.14% to Rs 1,725.55 after its subsidiary, TARO Pharmaceuticals Inc., completed the 100% acquisition of Antibe Therapeutics Inc. of Canada for a total consideration of $4.5 million...
Strides Pharma gains 3% as Singapore arm acquires 100% stake in Amexel Pte
Strides Pharma shares gained 2.8 per cent on BSE, logging an intraday high at Rs 603 per share in Tuesday’s trade. The buying interest sparked after the company arm Strides Pharma Global proposed to acquire 100...
Blackstone to acquire up to 66% stake in Kolte Patil Developers
Kolte Patil Developers (KPDL) has forged a transformative strategic partnership with global investment giant Blackstone. This partnership is a pivotal milestone in KPDL’s growth trajectory, positioning the company...
PepsiCo nears $1.5 billion deal to acquire healthy soda brand Poppi
PepsiCo Inc. is in advanced talks to buy the healthier soda brand Poppi, according to people with knowledge of the matter. The Purchase, New York-based beverage giant could announce the transaction as soon as next week...
