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...
Adani Enterprises gains on acquiring 26% stake in Gidhmuri Paturia Collieries
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...
