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The acquisition enhances the presence of Imarticus learning in the B2B training realm, the company said on Thursday.
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Religare Group said that the proposed acquisition, which is subject to regulatory approvals, is in line with the group's strategy to further the growth of the insurance business and emerge as a stronger player.
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In a statement, Welspun Group said Sintex has been a household name in India for decades for water tanks and other plastic products. It has a strong distribution network across India.
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Jain (Israel) B V (step-down subsidiary of JITBV) will hold a strategic minority stake of 18.7 per cent in Rivulis Pte. Ltd post merger.
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The acquisitions, according to Reliance, are part of the company's strategy to expand its downstream polyester business.
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With the acquisition, Allcargo Logistics will own 100 percent stake in the contract logistics business
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In value terms, these transactions are worth Rs 6.27 lakh crore, registering a growth of 17 per cent from Rs 5.36 lakh crore in February 2022, RBI governor Shaktikanta Das said.
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In January 2020, Kansai Nerolac Paints had acquired a 60 percent stake in Nerofix. With the decision to buy the remainder 40 percent shares, the company is set to expand its ownership to 100 percent.
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Post completion of this deal, all customers, employees and assets of Citibank will be transferred to private sector lender Axis Bank, which will pay a consideration of Rs 12,325 crore for the acquisition.
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Serial pharma entrepreneur Arun Kumar and private equity fund Ascent Capital, which hold a lion’s share of the shareholding, are the key investors in medical equipment manufacturer Skanray Technologies
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SBPFL is supplying its products and solutions to electric vehicles (EVs) whereas Novelic is catering to autonomous vehicles
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The acquisition of Adara a big plus for RateGain, but investors should look for a better entry point, given the current gyration in technology stocks
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In November 2022, HSBC Mutual Fund, one of the handful of foreign asset management companies in India, announced that its takeover of L&T mutual fund is complete. That made bigger news than any of its mutual fund scheme ever did in the past many years, as HSBC India mutual fund’s performance has been ordinary. But newly-appointed co-CEO, Kailash Kulkarni has plans to localize this foreign fund house and do business, the India way.
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Badshah Masala has become a subsidiary of Dabur "with effect from today", a regulatory filing stated. The majority stake was acquired for a cash consideration of Rs 587.52 crore.
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Now, the company holds 95 percent equity shares of Ind-Barath Energy (Utkal) Ltd and the secured financial creditors collectively hold the balance 5 percent, as per the terms of the resolution plan.
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The entry of Advent helps to bring in global reach and a platform to provide drug life cycle management services
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Advent will also be making an open offer to acquire an additional 26 percent of the outstanding equity shares of the company from public
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The acquisition of Metro India will not just aid Reliance in deepening its operations and physical store footprint in India, it will also help it gain access to a wide network of outlets and retail and institutional buyers, and give it a strong supply channel
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Metro’s 3-million customer base and a wide product range will enable Reliance Retail to rapidly scale up the retail business and strengthen its position in the industry
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The multi-channel B2B cash-and-carry wholesaler has a reach to over 3 million B2B customers in India and 1 million of them are frequent buyers
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Epic Concesiones Pvt Ltd signs definitive agreements with L&T and Canada Pension Plan Investment Board to acquire a 100% equity stake in L&T IDPL
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HUL has been able to develop the markets and it is successful in building the category through higher advertisement spends and distribution network
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The plant was auctioned last month following a company law tribunal order.
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The acquisition will add a new segment that will fast-track the company's growth, Easy Trip Planners, which operates under the brand EaseMyTrip
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The proposed combination involves the acquisition of up to 10 percent each of the total paid-up share capital and voting rights of Yes Bank by CA Basque Investments and Verventa Holdings.
