Adani Enterprises added 1.15% to Rs 2,429.45 after the company announced that it has acquired 26% stake in Gidhmuri Paturia Collieries (GPCPL) from Sainik Mining and Allied Services. Gidhmuri Paturia Collieries belongs...
Reliance Industries completes acquisition of Karkinos Healthcare
Through its wholly-owned subsidiary – Reliance Strategic Business Ventures. Reliance Industries announced that in accordance with the approved resolution plan for the resolution of Karkinos Healthcare (Karkinos)...
Adani Enterprises to acquire 85.8% stake in Air Works India for Rs 400 cr
Adani Enterprises announced that its wholly owned subsidiary, Adani Defence Systems and Technologies (ADSTL) has signed a share purchase agreement to acquire 85.8% shareholding in Air Works India (Engineering) (AWIEPL)...
NCLAT clears Sapphire Media’s acquisition of Big 92.7 FM, upholds order
The National Company Law Appellate Tribunal (NCLAT) on Monday upheld the approval of Sapphire Media’s resolution plan for acquiring Big 92.7 FM, owned by Reliance Broadcast Network Limited, dismissing a batch of...
GMM Pfaudler to acquire 51% stake in a LLC in Poland
With the aim of establishing a manufacturing and engineering facility in Poland. GMM Pfaudler through its subsidiary Pfaudler GmbH, Germany, has entered into an Investment and Shareholders’ Agreement on 20...
Saksoft inks pact to acquire Zetechno
Saksoft has executed a share purchase agreement (SPA) to acquire 100% stake in Zetechno Products and Services to enhance its capabilities in ServiceNow implementation, consulting, and custom application development...
Reliance Inds arm to acquire 45% stake in Health Alliance Group
Reliance Industries’ wholly owned subsidiary, Reliance Digital Health (RDHL) entered into definitive agreements to acquire 45% equity stake on a fully diluted basis in Health Alliance Group Inc. (HAGI) for an...
Nodwin Gaming to acquire 92.30% stake in AFK Gaming
Nodwin Gaming (Nodwin), a material subsidiary of Nazara Technologies, has on 18 December 2024, signed Share Purchase Agreement with AFK Gaming (AFK), Nishant Patel, Rakesh Ramachandran and Siddharth Nayyar (the Founders...
Nissan, Honda consider merger to take on world’s biggest carmaker Toyota
Honda Motor Co. and Nissan Motor Co. are exploring a potential merger, according to people familiar with the matter, which would create a singular rival to Toyota Motor Corp. in Japan and better position the combined...
Temasek’s arm Ramon gets CCI’s approval to acquire stake in Speed JVco
The Competition Commission of India (CCI) on Tuesday said it has cleared Ramon Investments Pte’s, an arm of Temasek Holdings, a proposal to acquire a stake in Speed JVco. Singapore-headquartered Temasek is an...
Sun Pharma Advanced Research Company to acquire 55% stake in Tiller Therapeutics
Sun Pharma Advanced Research Company announced the signing of a binding Letter of Intent (LOI) with the University of California, San Francisco (UCSF), through the office of OTMA, and Tiller Therapeutics Inc. (Tiller)...
Waaree Power to acquire 55% stake in Ewaa Renewable Techno Solutions
Waaree Energies announced that Waaree Power (WPPL), a wholly owned subsidiary of the company, has executed a Share Subscription cum Shareholders Agreement (SSSA) on 14 December 2024 with Ewaa Renewable Techno Solutions...