In a major relief to Indiabulls Real Estate (IBREL) and Embassy Group, the appellate tribunal NCLAT has sanctioned the scheme of amalgamation to merge both the real estate firms after setting aside the NCLT order...
JSW Energy completes acquisition of 125 MW renewables from Hetero group
JSW Energy on Friday said its arm JSW Neo Energy has completed the acquisition of 125 MW of renewable energy assets from Hetero Group for an enterprise value of about Rs 630 crore. The 125 MW portfolio comprises wind...
LEAP India Acquires CHEP India Private Limited (CIPL), Ushering in a New Era in Supply Chain Solutions
LEAP India, a leader in sustainable supply chain solutions, today announced its acquisition of CHEP India Private Limited (CIPL), an esteemed player in the supply chain industry. This strategic acquisition includes the...
WPIL hits record high after European arm acquires MISA ITALY
WPIL rallied 4.64% to Rs 753 after the company announced that its European subsidiary, Gruppo Aturia, has successfully acquired 100% shareholding of MISA ITALY, located in Arzignano, Italy. Misa is a leading Italian...
Equinox India hits the roof on NCLAT merger approval with Embassy Group
Equinox India Developments hit an upper limit of 20% at Rs 143.70 after the National Company Law Appellate Tribunal (NCLAT) approved the merger with Embassy Group. This long-awaited merger, which has been under...
Persistent Systems to acquire assets from Soho Dragon Solutions India
Persistent Systems has entered into an Asset Purchase Agreement with M/s. Soho Dragon Solutions India for the acquisition of its identified assets on 06 January 2025, subject to the satisfaction of customary closing...
CoinSwitch moves to acquire WazirX users offering Rs 600 cr in recovery aid
Home-grown crypto exchange CoinSwitch is rolling out a recovery programme worth Rs 600 crore targeted at WazirX users as the company looks to acquire customers of the embattled firm and enable them to recoup their...
Bharti Airtel to acquire 26% stake in AMP Energy Green Three
Bharti Airtel has entered into an agreement for acquisition of 3,78,90,005 (26%) equity shares in AMP Energy Green Three, a special purpose vehicle formed for the purpose of owning and operating the Captive Power Plant...
LT Foods acquires 17.5% stake in Nature Bio-Foods
LT Foods said that it has acquired 17.5% stake in its subsidiary, Nature Bio-Foods (NBFL) from India Agri Business Fund II for total consideration of Rs 110 crore. NBFL is a public company. Its main object inter-alia is...
Authum Investment & Infra climbs 8% on CCI’s nod to acquire Prataap Snacks
Shares of Authum Investment & Infrastructure soared 7.94 per cent at Rs 1839 a piece on the BSE in Wednesday’s intraday trade. Authum Investment share price jumped after the Competition Commission of India (CCI)...
Nvidia corp completes acquisition of Israeli software startup Run:ai
Nvidia Corp. has completed the acquisition of Israeli startup Run:ai, gaining software that helps owners of intelligence computing gear get the best out of their hardware. The software — which currently works on only...
Kalyani Strategic System acquires 25% stake in Edgelab
Bharat Forge announced that its wholly owned subsidiary, Kalyani Strategic System (KSSL) has completed the acquisition of 25% of total share capital of Edgelab S.p.A. (Edgelab), pursuant to its proposed initial public...