Tag: Demerger

Pricol to spin off DICVS business

The DICVS business, which focuses on smart mobility and integrated electronic solutions, offering products such as Driver Information Systems (including connected instrument clusters), integrated infotainment...

India-UK deal opens exciting avenue for Raymond: Gautam Hari Singhania

“This agreement creates a premier platform where quality British tailoring traditions meet Indian manufacturing excellence, allowing us to capture one of the world’s most...

Promoters of Lux Industries opt for three-way split

Founded in 1957 by Giridhari Lal Todi as Biswanath Hosiery Mills, Lux Industries Ltd. came into being in 1995 and a new era began...

Religare to demerge financial services, insurance businesses

Under the proposed scheme of arrangement, REL will retain its stake in Care Health Insurance Limited (CHIL) which will continue as an insurance-focused entity....

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MRF ranked India’s most valuable tyre brand

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Aditya Birla Group buys Shell’s renewable arm for $1.8 bln

The company will make the acquisition from Shell Overseas...

TVS Emerald to develop residential project in West Chennai

The Koyembedu–Poonamallee corridor, a rapidly expanding residential micro-market that...

Retail Inflation crosses 4% in June

“Food inflation contributed 185 basis points (bps), while non-food...