Ajay Singh, one of the promoters and MD of SpiceJet, on Thursday divested nearly 1 per cent stake in the budget airline for Rs 52 crore through an open market transaction. According to the bulk deal data on the BSE...
Murugappa group’s Coromandel International buys controlling stake in Nagarjuna Agrichem
Murugappa Group’s Coromandel International said it has bought a controlling stake in Nagarjuna Agrichem, a producer of active ingredients for crop protection chemicals. ET was the first to report about the deal...
NCLT gives all parties 8 days to complete procedural issues for ownership transfer of RCAP to IIHL
The National Company Law Tribunal (NCLT) on Wednesday gave additional eight days to all parties to complete procedural issues for the ownership transfer of debt-ridden Reliance Capital (RCAP) to IndusInd International...
NCLT approves merger of Dalmia Cement’s North East arm with Vinay Cement
Dalmia Bharat Limited on Thursday said that the National Company Law Tribunal (NCLT), Guwahati Bench, has approved a Scheme of Arrangement involving Dalmia Cement (North East) Limited and Vinay Cement Limited. The...
Global buyout funds line up for AGS Health
Global buyout funds Blackstone, Hillhouse Investment, TPG Capital, and General Atlantic have submitted non-binding bids to acquire AGS Health, valuing the healthcare IT services firm at around $1 billion, said multiple...
Govt not privatising telecom firms BSNL, MTNL, says Union MoS Pemmasani Chandra Sekhar
India is not privatising telecom firms Bharat Sanchar Nigam Ltd (BSNL) and Mahanagar Telephone Nigam Ltd (MTNL), deputy Communications Minister Pemmasani Chandra Sekhar said in reply to a parliament question on...
JSW Energy shares in focus as subsidiary acquires Virya Infrapower
The shares of JSW Energy will remain in focus on Thursday, March 13, after the company’s subsidiary JSW Neo Energy has entered into a share purchase agreement (SPA) for a 100% stake acquisition of Virya Infrapower...
Coromandel International shares in focus on acquiring 53% stake in NACL for Rs 820 crore
Shares of Coromandel International will be in focus on Thursday after the company acquired a majority 53% stake in agrochemical firm NACL Industries Ltd for Rs 820 crore and announced plans to launch an open offer to...
Groww in acquisition talks with PayU-backed Fisdom, others in diversification push
Groww, India’s largest stock broking platform, is in talks with PayU-backed Fisdom for a potential acquisition, valuing the wealthtech startup between $140-160 million, said three people in the know. The discussions...
Temasek signs agreement to buy 10% in Haldiram Snacks Food
Private equity firm Temasek signed a definitive agreement to buy 10% in Haldiram Snacks Food at a $10-billion valuation on Tuesday night, making this the single-largest deal in the packaged consumer goods space...
Godrej Agrovet shares in focus on acquiring 48% stake in Creamline Dairy for Rs 930 crore
Shares of Godrej Agrovet will be in focus on Wednesday after the company announced that it will acquire the remaining 48.06% stake in Hyderabad-based Creamline Dairy Products (CDPL) for Rs 930 crore. This decision will...
Murugappa company looks to buy 49% in Nagarjuna Agrichem
Murugappa Group promoted Coromandel International is in advanced talks to buy a controlling stake in Nagarjuna Agrichem, according to sources familiar with the deliberations. The stake in discussion could be around 49%...
