Fair trade regulator CCI on Tuesday said it has approved the proposed subscription to compulsory convertible debentures of Napino Auto and Electronics Ltd by International Finance Corporation. International Finance...
Board of Infosys approves acquisition of in-tech Holding GmbH
The Board of Infosys at its meeting held on 17-18 April 2024 has approved the acquisition of in-tech Holding GmbH engaged in Engineering R&D services. This strategic investment further strengthens Infosys’...
Great Eastern Shipping Company expands fleet with acquisition of Jag Priya
Great Eastern Shipping Company took delivery of a 2010 built Medium Range product tanker Jag Priya of about 49,999 dwt. The Company had contracted to buy the vessel in Q4 FY24. Including this vessel, the Company’s...
Paramount to enter into exclusive merger talks with Skydance: Report
Members of Paramount Global’s board agreed on Wednesday to enter into exclusive merger talks with Skydance Media, favoring the independent studio over a $26 billion offer from Apollo Global Management, a person...
Rentokil PCI to Set New Standards in the Pest Control Industry with the Acquisition of HiCare
Rentokil PCI, India’s leading pest control service provider acclaimed for its expertise in pest control, has acquired HiCare Services Pvt. Ltd., a hygiene and pest management company via a share purchase deal...
CCI clears Axis Bank’s proposed acquisition of stake in Max Life Insurance
Fair trade regulator Competition Commission of India (CCI) on Tuesday said it has approved Axis Bank’s proposed acquisition of a stake in Max Life Insurance Company Ltd. Last year in August, the company announced...
Sobha announces acquisition of BNB Builders
Through its wholly-owned subsidiary – Sobha Developers (Pune) Sobha Developers (Pune), a wholly owned subsidiary of Sobha has entered into a Share Purchase Agreement (SPA) today on 02 April 2024, with BNB Builders...
Board of Aeroflex Industries approves acquisition of Hyd-Air Engineering
At meeting held on 02 April 2024 The Board of Directors of Aeroflex Industries at its meeting held today i.e. 02 April 2024 has approved to acquire 100% of the issued and paid-up share capital of Hyd-Air Engineering...
ICICI Securities delisting gets nod, setting up merger with ICICI Bank
India’s ICICI Securities has secured shareholders’ nod to delist its stock, the brokerage said in the early hours of Thursday, paving the way to merge with parent and majority shareholder ICICI Bank. About...
Magicrete completes process of acquisition of majority stake in Maxlite
Magicrete, which produces building product AAC Blocks, construction chemicals, and precast construction solutions, on Wednesday said it has completed the acquisition of a majority stake in Maxlite. The company did not...
JSW Energy arm inks pact to acquire Reliance Power’s wind project for Rs 132 cr
JSW Energy said that its step-down subsidiary, JSW Renewable Energy (Coated) has signed a business transfer agreement with Reliance Power to acquire a 45 MW wind project in Maharashtra for Rs 132 crore. In an exchange...
Investors greenlight Donald Trump’s $6 billion social media merger deal
Former U.S. President Donald Trump came a step closer on Friday to reaping a major windfall from his social media firm after investors in a blank-check acquisition company approved a tie-up currently worth about $6...
