Advertisements Motilal Oswal Financial Services on Tuesday announced buyback of its 14.55 lakh equity shares at a price of INR 1,100 per unit for of INR 160 Cr. The buyback represents 0.98 percent of the total paid-up equity share capital… Read More ›
Private Equity
Adani To Acquire Holcim’s Stake In Ambuja Cements And ACC Limited
Advertisements The Adani Family, through an offshore special purpose vehicle, announced that it had entered into definitive agreements for the acquisition of Switzerland-based Holcim Ltd’s entire stake in two of India’s leading cement companies – Ambuja Cements Ltd and ACC… Read More ›
Adani Enterprises To Acquire 49% Stake In Quintillion Business Media
Advertisements AMG Media Networks, a unit of billionaire Gautam Adani’s conglomerate Adani Enterprises, will pick a 49 percent stake in Raghav Bahl-curated digital business news platform Quintillion Business Media Pvt Ltd for an undisclosed sum, according to a regulatory filing…. Read More ›
Tata Motors Expects Capex To Increase To Up To INR 6,000 Cr In FY23
Advertisements Tata Motors expects its capex to increase to up to INR 6,000 Cr in the ongoing fiscal to support various programmes across its commercial, passenger and electric vehicles verticals, Group CFO P B Balaji said on Thursday. While the company has committed… Read More ›
Poonawalla Fincorp Limited Records Consolidated PAT Of INR 375 Cr in FY22
Advertisements The Board of Directors (Board) of Poonawalla Fincorp Limited (PFL), a non-deposit taking systemically important NBFC focusing on consumer and small business finance, today announced its audited results for the year ended Mar 31, 2022. Performance Highlights (Consolidated) • Assets… Read More ›
Sanjay Ghodawat Group Announces Target Of INR 7500 Cr Revenue By 2025
Advertisements Sanjay Ghodawat Group (SGG) is a prominent Indian business conglomerate that has a presence in various high-value business verticals. Aviation, Consumer Products, Education, Energy, Mining, Realty, Retail, and Textiles are some of its key business domains. SGG was founded in… Read More ›
Binance Labs Launches Season 4 of its Incubation Program with 14 Early-Stage Start-ups
Advertisements Binance Labs, the venture capital and innovation incubation arm of Binance, announced that Season 4 of its global Incubation Program is launching on May 5th. Through the program, Binance Labs supports promising projects in the blockchain space. Over 500 projects… Read More ›
Avantor Announces Investment in Manufacturing and Distribution Hub in Singapore to Serve Rapidly Growing Asia Pacific Biopharma Industry
Advertisements Avantor, Inc. (NYSE: AVTR), a leading global provider of mission-critical products and services to customers in the life sciences, advanced technologies and applied materials industries, today announced it will create a new manufacturing and distribution Hub in Singapore, by… Read More ›
PM Modi invites Danish firms, pension funds to invest in India
Advertisements Prime Minister Narendra Modi on Tuesday invited Danish companies and pension funds to invest in India’s infrastructure sector and green industries. Addressing media after his talks with Danish counterpart Mette Frederiksen, Modi said that over 200 Danish companies are… Read More ›
Venture firm Bodhi Tree Systems to invest INR 13,500 cr in Viacom18
Advertisements Bodhi Tree Systems, an investment venture of James Murdoch’s Lupa Systems and Uday Shankar, ex-Chairman of Star and Disney India, will invest Rs 13,500 crore in broadcaster Viacom18 as part of a tripartite partnership with billionaire Mukesh Ambani’s Reliance,… Read More ›