Tag: Acquisition

Turnaround Story

“When we acquired India Cements, we told you it was a turnaround waiting to be unlocked. Sound assets in strong markets, held back only...

Re-Tiling Its DESTINY

Way back in 1985, Spartek brought the most advanced technology from the USA and Europe and pioneered the new concept of ceramic flooring in...

Federal Bank eyes select Stanchart credit card biz

The two have decided to sign soon an agreement to this effect. The transaction, upon completion, will expand Federal Bank’s credit card base and significantly...

Infosys to buy US-based Optimum Healthcare, Stratus

Optimum Healthcare IT is majority owned by private equity investors, founders and management. Founded in 2012, the company provides healthcare IT and digital transformation...

Sapphire Foods, Devyani Internationall to merge

“The consolidation of Devyani International Limited and Sapphire Foods India Limited marks a significant milestone and a decisive leap forward in our growth journey,...

MUFG Bank of Japan to pick up a 20% stake in Shriram Fin for Rs 39,618 cr

This will yet be the largest FDI (foreign direct investment) deal in the non-banking finance sector. The board of Shriram Finance Ltd. (SFL), on Friday,...

MRF to pick up 26% stake in Serentica Renewables

Consequently, MRF has decided to acquire up to 26% of the paid-up equity capital of the Serentica Renewables India 26 Private Limited. Incorporated in May...

One Experience Everywhere

Industrial Economist (IE): What makes NY Cinemas unique? Satish Kottakota (SK): Genuine passion for cinema, which goes beyond business sets us apart. This results...

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Temasek-backed Sembcorp Green Infra gets SEBI nod for IPO

The proposed IPO comprises a fresh issue of Equity...

Chennai to Host Plumbing Conference, after 9 years

The conference will bring together water, plumbing, sanitation and...

Bodhi Tree Systems to invest $180 mln in A2B

The investment will help scale A2B nationally and across...

Retail inflation crosses 6% in October

“October's inflation print was less a surprise than a...

Brazil’s WEG to invest Rs 2,000 crore in Dharmapuri

The company had earlier evaluated multiple states and following...