BigBasket Says No Comment On Tata Group’s Acquisition Bid

BigBasket Says No Comment On Tata Group's Acquisition Bid

New Delhi: BigBasket on Wednesday refused to comment on reports that Tata Group is acquiring a majority stake in the grocery delivery platform. TechCrunch earlier reported, citing sources, that Tata Group is buying over 60 per cent stake in BigBasket “in a deal that values the grocery platform between $1.8 billion-$2 billion”. “BigBasket has raised … Read more

Deloitte Consulting Completes Acquisition of HashedIn Technologies

As used in this document, "Deloitte" means Deloitte LLP. Please see www.deloitte.com/us/about for a detailed description of the legal structure of Deloitte LLP and its subsidiaries. Certain services may not be available to attest clients under the rules and regulations of public accounting.

NEW YORK, Jan. 14, 2021 /PRNewswire/ — Deloitte Consulting has completed its acquisition of HashedIn Technologies Private Limited, a leading cloud native software engineering and product development firm. Together, the two organizations will help clients to imagine, deliver and run their futures with cloud technologies. Deloitte entities have made 14 acquisitions of cloud-technology firms or their … Read more

Vikas Multicorp Ltd. to Enter Pharma and Healthcare Business; Board in Principally Approves Acquisition

BSE and NSE listed Vikas Multicorp Ltd. had recently announced the outcome of its Board meeting held on 12 January, 2021. Vikas Multicorp Ltd. Board has approved the proposal to enter into Pharmaceutical and Healthcare business and also in principally approved the acquisition of Advik Laboratories Ltd., a BSE listed Pharmaceuticals Manufacturing company and … Read more

Nithia Capital And Carval Investors Complete Acquisition Of Uttam Galva And Uttam Value Steel

Ban Steel Exports As High Domestic Prices Harming Forging Industry: AIFI

New Delhi:  Nithia Capital, a global distressed alternative asset manager and CarVal Investors, a global alternative investment manager focused on distressed and credit-intensive assets, announced that they have completed the acquisition of Uttam Galva Metallics Limited (UGML) and Uttam Value Steel Limited (UVSL) (together Uttam) through their Singapore-based Joint Venture Holding Company, Wardha Steel Holdings … Read more

Global Infrastructure Partners Announces Acquisition Of MAP® Energy Renewable Energy Business

NEW YORK, Dec. 29, 2020 /PRNewswire/ — Global Infrastructure Partners (GIP), a leading global, independent infrastructure investor, today announced the acquisition of MAP® RE/ES, the renewable energy business of MAP® Energy (MAP®).  GIP’s fourth flagship fund, GIP IV, will acquire 100% of the MAP® RE/ES investment platform, team, and renewable energy assets under management from MAP®, a private fund … Read more

Satia Industries Ltd. Plans Major Expansion cum Acquisition; Seeks Permission to Bid on Ballarpur Industries Ltd. Acquisition

Satia Industries Limited (SIL) (BSE: 539201 | NSE: SATIA), is one of the biggest and completely integrated Wood and Agro based printing & writing paper manufacturers. SIL’s products are extensively used in the printing of books, directories, envelopes, diaries, calendars, computer stationery, copy manufacture annual reports, etc.   … Read more

Cyril Amarchand Mangaldas Advises Senvion Group in Relation to Global Renewal Energy Development’s Acquisition of Multiple Group Companies in India

Cyril Amarchand Mangaldas acted as the Indian legal counsel to Senvion GmbH (Senvion GmbH) on selling its entire stake in the India operations of Senvion spread across its various entities (“Senvion India”) to Global Renewable Energy Development Holding Company Limited (Purchaser) owing to the bankruptcy of Senvion GmbH.   The General Corporate team … Read more

Cyril Amarchand Mangaldas Advises Murugappa Group on its Acquisition of a Controlling Stake in CG Power & Industrial Solutions Limited

Cyril Amarchand Mangaldas, India’s largest corporate law firm, advised Murugappa Group in the acquisition of a controlling stake in CG Power & Industrial Solutions Limited (“CG Power”). Tube Investments of India Limited (Tube Investments), part of the Murugappa Group, has acquired controlling interest in CG Power and entered into agreements for settlement of lender … Read more

HarperCollins India is delighted to announce the acquisition of two new books by bestselling author, Preeti Shenoy

HarperCollins Publishers India Logo (PRNewsfoto/HarperCollins Publishers India)

– The first of the two books, a practical guide to positivity and self-fulfillment, will be out in 2021. NEW DELHI, Nov. 23, 2020 /PRNewswire/ — When the lockdown was first announced, Preeti began posting stories on her Instagram account that focused on the things one could still do and be grateful for, despite everything … Read more

CCI Approves Reliance Retail’s Acquisition Of Future Group Businesses

CCI Approves Reliance Retail's Acquisition Of Future Group Businesses

New Delhi: In a setback for Amazon, the Competition Commission of India (CCI) has approved the acquisition of retail, wholesale, logistics, and warehousing businesses of the Future Group by Reliance Retail Ventures Ltd and Reliance Retail and Fashion Lifestyle Ltd. CCI announced the decision on Twitter on Friday. “Commission approves acquisition of retail, wholesale, logistics … Read more