The Reserve Bank of India (RBI) has approved Canara Bank’s stake sale in its mutual fund and insurance arms through an Initial Public Offering (IPO), the state-owned lender said on Thursday. “Reserve Bank of India...
CyberProof Acquires Interpres Security to Bolster Its Cybersecurity Portfolio
CyberProof Inc., a UST company, announced today the acquisition of Interpres Security, a Gartner-recognized vendor in Continuous Threat Exposure Management (CTEM) and Automated Security Control Assessments (ASCA). This...
L&T to acquire 21% stake in E2E Networks in two-part Rs 1,406 crore deal
Engineering conglomerate Larsen & Toubro (L&T) on Tuesday announced it will acquire a 21 per cent stake in Indian Cloud and AI Cloud provider E2E Networks, in an all-cash transaction of Rs 1,406 crore. The...
Pricol to acquire SACL’s injection moulding business
Pricol announced the proposed acquisition of Sundaram Auto Components (SACL)’s Injection Moulding business through Pricol Precision Products (a wholly owned subsidiary of Pricol). With this acquisition, Pricol...
Macrotech Developers acquires 100% stake Janus Logistics and Industrial Parks
Macrotech Developers said that it has executed a share purchase agreement for acquisition of 100% stake in Janus Logistics and Industrial Parks (JLIPPL) for total consideration of Rs 47.94 crore. Janus Logistics and...
ONGC arm acquires minority stake in ACG from Equinor
Oil & Natural Gas Corporation (ONGC) said that its wholly owned subsidiary, ONGC Videsh has acquired 0.615% stake in offshore Azeri Chirag Gunashli (ACG) field in Azerbaijan from Equinor. ACG is a super-giant...
ITC acquires 100% stake Greenacre Holdings
ITC has acquired the entire share capital (comprising 4,20,60,166 equity shares of Rs 10/- each) of Greenacre Holdings (GHL), an unlisted company, from Russell Credit, a wholly owned subsidiary (WOS) of the Company...
TVS Holdings receives RBI approval for acquisition and change in management of Home Credit India Finance
TVS Holdings has received approval of the Reserve Bank of India (RBI) for the proposed direct change in control of Home Credit India Finance and consequent change in Board of Directors: – change in...
Mirae Asset Financial Group completes acquisition of Sharekhan
Mirae Asset Financial Group has completed the acquisition of Sharekhan following receipt of all required regulatory approvals. With this acquisition, Sharekhan will continue to develop its business and activities...
Nazara Tech arm to acquire Trinity Gaming for Rs 24-cr
Nazara Technologies has informed that the NODWIN Gaming, a material subsidiary of the company has announced the acquisition of Trinity Gaming, a leading gaming agency and platform MCN/ CSP, for a deal valued at Rs 24...
NTT DATA announces intent to acquire cloud engg firm Niveus Solutions
Digital business and IT services firm NTT DATA said on Wednesday that it has signed a definitive agreement to acquire Niveus Solutions, a Karnataka-based cloud engineering company specialising in Google Cloud Platform...
Tube lnvestments of lndia to acquire 67% stake in Kcaltech System India
Tube Investments of India (Tll) has announced the execution of definitive agreement for the subscription of 67% equity stake in Kcaltech System India (KCAL India), a subsidiary of KC Altech Co. based in South Korea...
