UBS on Tuesday said it has concluded the merger of Credit Suisse Service Company entities with UBS Business Solutions in India. This marks a milestone in UBS’s broader integration journey, bringing together a...
TVS Motor Company Singapore arm divests stake in Ion Mobility
TVS Motor Company on Monday said its Singapore-based arm has divested its stake in Ion Mobility while acquiring identified assets from the latter for USD 1.75 million (nearly Rs 15 crore). TVS Motor (Singapore) Pte Ltd...
Renault buys Nissan’s 51% stake in India manufacturing unit
French auto major Renault on Monday said it will buy out its Japanese partner Nissan’s stake in their Indian joint venture — Renault Nissan Automotive India Private Ltd. Renault Group would own 100 per cent...
Haldiram sells stake to IHC and Alpha Wave Global
Haldiram Snacks Food, the country’s leading snack and food brand, on Monday confirmed selling its stake to two new investors — IHC (International Holding Company) and Alpha Wave Global — according to a...
Aditya Birla sells Century Pulp and Paper to ITC for Rs 3,498 crore
Aditya Birla Group has sold Century Pulp and Paper to ITC Limited for Rs. 3498 crore, as per details in a stock exchange disclosure on Monday. The pulp and paper business of the group is housed in the listed Aditya...
Tata AutoComp Systems to acquire 80% stake in Artifex
Tata AutoComp Systems Ltd on Sunday said it will acquire 80 per cent stake in Artifex Interior Systems Ltd, a part of the Jaguar Land Rover group, for an undisclosed sum. On completion of this transaction, Artifex, with...
Haldiram Snacks announces Temasek as strategic investment partner
Haldiram Snacks Food on Sunday announced Singapore-headquartered global investment firm Temasek as a strategic investment partner with Temasek acquiring an equity stake in Haldirams. The announcement did not disclose...
KKR in talks to acquire US dental labs chain Leixir
Global investment firm KKR is in discussions with US fund Comvest Investment Partners, to acquire Leixir Dental Laboratory Group, a US-based dental solutions provider, at a valuation of $200-$250 million, said multiple...
Shivalik Small Finance Bank plans M&A to grow
Shivalik Small Finance Bank has started exploring M&A opportunities to expand the secured portfolio in its balance sheet, seeking to de-risk its overall book amid evident stress in loan assets that do not have...
ONGC NTPC Green completes acquisition of Ayana for Rs 6,248.50 cr
ONGC NTPC Green Pvt Ltd (ONGPL) has completed the acquisition of 100 per cent equity stake in Ayana Renewable Power for Rs 6,248.50 crore. ONGPL is a 50:50 joint venture of NTPC Green Energy Ltd (NGEL) and ONGC Green...
Reliance Industries transfers 100% stake in projects & property arm to Reliance Retail
Reliance Industries on Friday transferred its entire 100% stake in Reliance Projects & Property Management Services Ltd (RPPMSL) to Reliance Retail. With this transfer, RPPMSL has ceased to be a wholly owned...
NCLT orders status quo on Aakash Institute shareholding amid legal dispute
The National Company Law Tribunal (NCLT) on Thursday ordered that the status quo on the shareholding of Aakash Institute be maintained. The tribunal was hearing a matter related to the amendment of the articles of...
