Adani Ports and Special Economic Zone (APSEZ) announced the setting up of a joint venture company with Gadot Chemical Terminals Ltd in Israel. “The company has incorporated a joint venture company with Gadot...
Mukesh Ambani to bid for football club Liverpool FC’s takeover: Report
Indian billionaire Mukesh Ambani has entered the race to bid for world-renowned English football club Liverpool FC’s takeover, reported a leading English daily. The English Premier League giants have been put up...
Canada pension fund’s Indian arm acquires Peripheral Expressway
Maple Highways, a dedicated India road investment platform of Canada-based pension fund CDPQ, said on Friday it had completed the Rs 6,267-crore acquisition of the Eastern Peripheral Expressway (EPE) that encircles the...
NDTV puts on hold proposed sale of 20% stake in Astro Awani Network
New Delhi Television (NDTV) on Friday said that the company and its subsidiary NDTV Networks have put on hold the proposed sale of its 20 per cent stake in Astro Awani Network, a media company based in Malaysia...
Shriram Group merger gets NCLT nod; new entity to take birth by Nov-end
The National Company Law Tribunal (NCLT) has given its nod for the mega-merger of Shriram Transport Finance and Shriram City Union Finance (SCUF). The group is preparing to announce the birth of the new entity, Shriram...
Adani Power inks pact to sell 100% stake in SPPL to ACX for Rs 1,556 cr
Adani Power said that it has inked a pact to sell 100 per cent stake in Support Properties Private Ltd (SPPL) to AdaniConnex Private Ltd (ACX) at an enterprise value of Rs 1,556.5 crore. “Adani Power Ltd has...
AM Mining India completes acquisition of debt-ridden Uttam Galva Steels
AM Mining India Pvt Ltd, part of ArcelorMittal and Nippon Steel joint venture, on Thursday completed the acquisition of Uttam Galva Steels Ltd, a downstream steel manufacturer in Maharashtra. This follows the recent...
LIC buys additional stake in Voltas for Rs 635 cr via open mkt transactions
Life Insurance Corporation of India (LIC) has increased its shareholding in Voltas by buying an additional 2 per cent stake. LIC said it acquired Voltas’ shares worth Rs 634.50 crore through open market...
D2C Ecommerce acquires leading natural personal care brand Luxura Sciences
D2C Ecommerce, a homegrown multi-brand e-commerce platform has acquired leading personal care D2C brand Luxura Sciences’. Through this acquisition, D2C Ecommerce will expand in personal care and beauty segment...
NIIT acquires US-based St Charles Consulting Group for $23.4 million
Global skills and talent development corporation NIIT Ltd announced it has acquired US-based St. Charles Consulting Group for $23.4 million. Headquartered in St. Charles, Illinois, St. Charles Consulting Group is a...
Reliance Retail to foray into salon business by acquiring Naturals: Report
Reliance Retail is looking to make deeper inroads into India. The company is in talks to buy a 49 per cent stake in Naturals Salon & Spa, adding the salon business to its portfolio. With this, as reported in...
India considers capital infusion, merger of loss-making lender IFCI
India is considering pumping about 20 billion rupees ($242 million) into state-run IFCI Ltd. and merge it after with its unit, Stock Holding Corp. of India in an attempt to rescue the beleaguered lender, according to...
