The National Company Law Tribunal (NCLT), Mumbai, has cleared the cross-border merger of Star Television Productions Limited (STPL), registered in the British Virgin Islands, with its Indian affiliate, Star India...
NCLT okays demerger of TaMo’s PV, CV units
Tata Motors Ltd. on Friday secured approval from the Mumbai bench of the National Company Law Tribunal (NCLT) for its restructuring plan, paving the way for the demerger of its passenger vehicle (PV) and commercial...
Madhvani Group’s INSCO completes acquisition of Hindustan National Glass under IBC
Independent Sugar Corporation Limited (INSCO), part of the Uganda-based Madhvani Group, on Saturday announced that it has completed the acquisition of Hindustan National Glass & Industries Limited (HNGIL) through...
Ventive Hospitality to acquire a 76% stake in Soham Leisure Ventures
Ventive Hospitality has announced that it proposes to enter into definitive agreements to acquire a 76% stake in Soham Leisure Ventures, owner of the Hilton Goa Resort and a land parcel in Goa. The company said in line...
TVS to acquire Italy’s Engines Engineering, sets up global centre of excellence in Bologna
TVS Motor Company on Thursday said it will acquire Italian automotive design and engineering firm Engines Engineering S.p.A., for a tad over 5 million euros (over Rs 50 crore) as part of its initiative of establishing a...
Telangana govt to acquire L&T’s stake in Hyderabad Metro Rail project for Rs 2000 cr
Telangana government has agreed to take over Phase-I of the Hyderabad Metro Rail project from L&T Group by paying Rs 2,000 crore for the equity in the concessionaire L&T Metro Rail Hyderabad Ltd, official...
GlobalLogic to acquire synvert to expand in EU, ME
US-based digital engineering firm GlobalLogic, a Hitachi Group company, will acquire German-based consulting firm synvert from private equity fund Maxburg. The financial details were not disclosed. “This acquisition...
JK Lakshmi Cement acquires 26% in Ampin C&I Power, commissions new grinding unit in Surat
JK Lakshmi Cement on Wednesday said that it has acquired a 26 per cent stake in Ampin C&I Power, which will enable it to source solar power under applicable captive power laws. The JK group firm is investing Rs 4...
Crisil to acquire McKinsey PriceMetrix Co
Crisil, an S&P Global Company, announced the acquisition of McKinsey PriceMetrix Co. (PriceMetrix), a leading provider of performance benchmarking and data-driven insights for the wealth management industry...
Reliance trims stake in Balaji Telefilms
Reliance Industries’ stake in Ekta Kapoor-led Balaji Telefilms dropped to 21.07% in FY25 from 24.82% a year earlier, according to the production company’s annual report. Nonetheless, Reliance Industries...
Continuum Green to acquire remaining 26% stake from CEIL
Continuum Green Energy Holdings would acquire the remaining 26% stake held by Clean Energy Investing (CEIL), an investment vehicle backed by Morgan Stanley Infrastructure Partners, marking the US investor’s exit...
Poly Medicure to fully acquire Citieffe Group at enterprise value of Rs 324 cr
Medical device maker Poly Medicure Ltd on Wednesday said it will fully acquire Italy-based Citieffe Group at an enterprise value of Rs 324 crore (EUR 31 million). The company has signed a definitive agreement to acquire...
