M&A
Hyderabad-headquartered Dr. Reddy's Laboratories has sold nine cosmetic dermatology brands to fellow publicly listed and Ahmedabad-based Eris Lifesciences for INR 275 crore. The divested portfolio posted a revenue of…
M&A
Publicly listed, Chennai-based water technology firm, Va Tech Wabag Ltd has sold 100% of its Czech Republic subsidiary, VA Tech Wabag Brno spol. S.r.o., to Czech engineering firm VCL Group, for 1 million euros…
M&A
Radisys Corporation, a wholly-owned subsidiary of Jio Platforms Ltd, is to buy California, US-based Mimosa Networks, Inc from Airspan Networks Holdings for USD 60 million on a debt free, cash free basis…
M&A
The National Asset Reconstruction Company (NARCL) closed its second purchase of bad debt by acquiring Delhi-headquartered Helios Photovoltaic, earlier known as Moser Baer Photo. Helios manufactures solar energy…
M&A
The National Company Law Tribunal (NCLT) has approved Suraksha Realty's takeover of the debt-laden property and infrastructure company Jaypee Infratech, dismissing three different appeals against the INR 7,936-crore…
M&A
Samvardhana Motherson Automotive Systems Group B.V., Netherland (SMRP B.V.), a subsidiary of Samvardhana Motherson International Ltd (formerly Motherson Sumi Systems) has acquired additional 1.55% shares of Samvardhana…
M&A
Publicly listed Allcargo Logistics Ltd is to acquire the residual 38.87% stake in the contract logistics business joint venture Avvashya CCI for INR 145 crore from its partner CCI Integrated Logistics at an enterprise…
M&A
The Supreme Court has ruled against Bombay HC's December 2022 order dismissing the plea with respect to takeover of Reliance Home Finance by Authum Investments and Infrastructure. Citing the similar case of Securities…
M&A
Chennai-based Computer Age Management Services Ltd (CAMS) has picked up a majority stake in Mumbai-based Think Analytics India Pvt Ltd (Think360 AI). Think360 AI, set up in 2013, is an AI and data sciences firm. It…
M&A
Swiggy has sold its cloud kitchen business to Loyal Hospitality, which rents out cloud kitchens under the brand Kitchens@, a cloud kitchen aggregator, in a share swap deal. The addition of 'Swiggy Access' is expected…
