At meeting held on 31 July 2024 The board of Zee Entertainment Enterprises at its meeting held on 31 July 2024 has approved the acquisition of balance 20% stake in Margo Networks, a subsidiary of the Company. Margo...
Eraaya Lifespaces update on acquisition of Ebix Inc.
Eraaya Lifespaces shared the updates on the status of the acquisition process of Ebix Inc., wherein an amount of USD 14 Million (Rs 117 crore approx) has been remitted by the Consortium on 26 July 2024; making it a...
Govt to push forward IDBI Bank stake sale after RBI key clearance
India will press ahead with the delayed sale of a majority stake in IDBI Bank after central bank clearance, opening bids for the lender before the end of the financial year, a top finance ministry official said on...
Board of Ramkrishna Forgings approves acquisition of an existing Mexican Company
The Board of Ramkrishna Forgings at its meeting held on 24 July 2024 has approved acquisition of an existing company, Resortes Libertad S.A. DE. C.V. in Mexico and approved the appointment of Chaitanya Jalan and Lalit...
Govt considers handing over MTNL operations to BSNL; merger unlikely
The government is considering the option of handing over operations of Mahanagar Telephone Nigam Ltd (MTNL) to BSNL through an agreement, instead of pursuing a merger route, a source privy to the development said. A...
Chemco Expands Reach with Strategic Merger with Gaurav Containers Limited
Chemco, one of India’s leading packaging material manufacturers, has successfully completed its merger with Gaurav Containers Limited, a company based in Daman. This strategic move increases Chemco’s...
YES Bank denies report on 51% stake sale, calls it ‘factually incorrect’
Private lender YES Bank refuted a news report that claimed the Reserve Bank of India (RBI) has approved for the sale of a 51 per cent stake in the bank. “The contents of the said article are factually incorrect and...
Paramount’s directors approve merger with Skydance ending Redstone era
Paramount Global’s board of directors Sunday approved a deal to merge with Skydance Media, opening a new chapter for one of Hollywood’s oldest studios. The agreement could be finalised as soon as Sunday...
Integra Essentia announces merger with G G Engineering
Integra Essentia announced that the board of directors have approved the scheme of amalgamation of Integra Essentia (transferee company) and G G Engineering (transferor company). Integra Essentia shall issue and allot...
Skydance reaches new merger deal to buy controlling stake in Paramount
Shari Redstone’s National Amusements has reached a preliminary deal to sell its controlling interest in Paramount Global to David Ellison’s Skydance Media, three sources familiar with the matter told Reuters...
eMudhra announces acquisition of New Jersey-based TWO95 International Inc.
eMudhra has entered into a definitive agreement to acquire 100% of TWO95 International Inc (TWO95), New Jersey, USA, through its wholly owned subsidiary eMudhra Inc, USA. TWO95 International Inc (TWO95) is based in New...
Nazara Tech share zooms 9% on acquisition of Freaks 4U Gaming for Rs 271 cr
Shares of Nazara Technologies climbed as much as 9 per cent to hit an intraday high of Rs 887.05 per share on Friday. The uptick in share price came after Nazara Technologies said NODWIN Gaming will increase its...
