Sandhar Technologies advanced 2.82% to Rs 395.80 after the company said that its wholly-owned subsidiary Sandhar Ascast has acquired Sundaram-Clayton’s ‘high pressure and low pressure Aluminium die...
ABCL completes merger of subsidiary Aditya Birla Finance with itself
Aditya Birla Capital on Monday said it has completed the amalgamation of its wholly-owned subsidiary Aditya Birla Finance with itself to create a unified larger operating NBFC. This follows the order of the National...
Govt to raise stake in Vi to 49% with fresh acquisition worth Rs 37,000 cr
The government has agreed to raise stake in Vodafone Idea to 48.99 per cent with fresh acquisition of shares worth Rs 36,950 crore in lieu of outstanding spectrum auction dues, the company said in a regulatory filing on...
Laurus Labs to acquire 26% stakes in Kurnool Renewables for Rs 35 cr
Laurus Labs has announced that its board has approved the acquisition of up to 26% of the share capital in Kurnool Renewables, a special purpose vehicle (SPV) and subsidiary of Ecoren Energy India (Ecoren), with an...
GX Group acquires Ping Communication; eyes $50 million business in LATAM
Telecom gear maker GX Group has acquired Switzerland-based broadband and fiber solution provider Ping Communication to expand its presence in Europe, the Middle East and Latin America, the company said on Friday. GX...
Zydus Life extends timeline for Sterling Biotech API business acquisition
Zydus Lifesciences has announced an extension of the closing date for its acquisition of the active pharmaceutical ingredient (API) business of Sterling Biotech Limited (SBL). The transaction, which was initially...
Jindal Stainless acquires 9.62% stake in M1xchange
Jindal Stainless along with its wholly owned subsidiary, Jindal Stainless Steelway, acquired 9.62% stake in M1xchange, India’s leading RBI-licensed Trade Receivables Discounting System (TReDS) platform. This deal...
Board of Welspun Enterprises approves sale of entire stake held in its non-operative subsidiaries
The Board of Welspun Enterprises at its meeting held on 27 March 2025 has approved the sale of its entire stake in its non-operative wholly owned subsidiary companies namely, Kim Mandvi Corridor [Formerly known as...
TVS Motor (Singapore) acquires balance 8.26% stake in The GO Corporation, Switzerland
TVS Motor (Singapore) (TVSM Singapore), the wholly owned subsidiary of TVS Motor Company, has today completed the acquisition of additional 8.26% of the share capital of The GO Corporation (GOAG), Switzerland from its...
Goldman Sachs acquires Samvardhana Motherson’s shares worth Rs 87 cr
Goldman Sachs on Tuesday bought shares of auto components major Samvardhana Motherson International for Rs 87 crore through an open market transaction. American multinational Goldman Sachs through its arm —...
Reliance acquires Nauyaan Tradings, eyes majority stake in shipyard arm
Mukesh Ambani-led Reliance Industries Ltd (RIL) has announced the acquisition of 100 per cent equity stake in Nauyaan Tradings Private Limited (NTPL) through its wholly owned subsidiary Reliance Strategic Business...
IndiGrid to raise Rs 4,200 crore to acquire transmission and solar assets
India Grid Trust (IndiGrid), the country’s first infrastructure investment trust (InvIT), plans to raise about ₹ 4,200 crore to acquire electricity transmission assets, solar power plants and to refinance its existing...
