The NCLAT on Monday set aside a batch of appeals filed against the NCLT order approving bids of Sapphire Media for Reliance Broadcast Network Ltd. The National Company Law Appellate Tribunal (NCLAT) upheld the order of...
L’Oreal acquires South Korea’s Dr.G in skincare deal with Migros
French cosmetics giant L’Oreal said on Monday it had agreed to buy Gowoonsesang Cosmetics, which includes South Korean skincare brand Dr.G., from Swiss retailer Migros. The Korean beauty market is dominated by...
China’s top TV company plans to buy 26% stake in Indian contract manufacturer Epack Durable’s subsidiary
Hisense Group, China’s largest television manufacturer and among its largest appliance makers, is planning to acquire a stake of up to 26% in Indian contract manufacturer Epack Durable’s wholly owned...
UltraTech’s India Cement buy gets CCI nod
The Competition Commission of India has approved UltraTech Cement’s proposed acquisition of South-based India Cements, it said in a release on Friday. UltraTech is the largest producer of cement in the country...
Ontario Teachers’ buys into Omega Healthcare
Ontario Teachers’ Pension Plan has announced its investment in the US based healthcare BPO – Omega Healthcare Management Services and joins with Goldman Sachs Alternatives as Co-Lead investor. Omega is a leading...
NCLT approves Raymond’s plan to demerge real estate business
The National Company Law Tribunal (NCLT) has approved the demerger scheme of Raymond Ltd, paving the way for the reorganisation of its real estate business into a separate entity, Raymond Realty. The move is aimed at...
TeamLease acquires stakes in TSR Darashaw, Crystal to expand its HR Services portfolio
Staffing company TeamLease Services on Friday announced that it has acquired stakes in outsourcing services TSR Darashaw and HR Tech software solutions provider Crystal HR and Security Solutions Private (Crystal HR) for...
Burmans’ Religare open offer to acquire additional stake gets Sebi nod
The Securities and Exchange Board of India (Sebi) has approved the Burman family’s proposed open offer to acquire an additional 26% stake in New Delhi-based Religare Enterprises (REL), sources familiar with the...
Smashers Sports acquires Delhi franchise of World Pickleball League
Smasher Sports, backed by global investment firm Terra Invest and former Wimbledon tennis player Ashok Amritraj-backed Hyde Park Entertainment, has acquired the Delhi Franchise of the World Pickleball League (WPBL), the...
ITC acquires 2.44% stake in EIH and 0.53% in Leela Mumbai
ITC has acquired 2.44% equity in luxury hospitality company EIH Limited while buying 0.53% of the share capital in HLV Limited, the company on Wednesday informed the exchanges post-market hours. The shares were acquired...
Grammarly to acquire productivity startup Coda
Writing assistance software maker Grammarly said it is acquiring productivity startup Coda in a deal that will see its current CEO Rahul Roy-Chowdhury stepping down from his role. Coda cofounder Shishir Mehrotra will be...
Italian stationery maker FILA cuts stake in listed Indian unit DOMS
Italian stationery maker FILA has initiated the sale of up to 4.57% of shares in its Indian unit DOMS, it said on Wednesday. The stake sale is being conducted through an accelerated book building (ABB) process starting...
