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Future Enterprises acquires 100% stake in Ritvika Trading

Future Enterprises acquires 100% stake in Ritvika Trading

Future Enterprises has acquired 100% equity share capital of Ritvika Trading (RTPL). Consequent to acquisition of the 100% share capital, RTPL has become subsidiary of the company with effect from November......

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Northern Multi Manager acquires 16.94 lakh shares of Mindtree

Northern Multi Manager acquires 16.94 lakh shares of Mindtree

Northern Multi Manager Emerging Markets Equity Fund has bought 16.94 lakh equity shares of Mindtree for Rs 840.01 per share on the BSE on November 16, 2018. However, Copthall Mauritius Investment has offloaded......

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Spice Mobility

Spice Mobility's arm to make investment in Fast Track IT Solutions

Spice Mobility's step down subsidiary -- S Global Services, Singapore, (SGIC) has decided to invest BDT233,333 in Fast Track IT Solutions, a private company limited by shares incorporated under the laws......

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Alka Securities gets nod to initiate investment in consultancy partnership

Alka Securities gets nod to initiate investment in consultancy partnership

Alka Securities has received an approval to initiate investment in a consultancy partnership. The Board of Directors of the company at their meeting held on November 14, 2018, approved the same and has......

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Yes Bank acquires 30% stake in Valecha Investments

Yes Bank acquires 30% stake in Valecha Investments

Yes Bank has acquired 2,30,655 equity shares, constituting 30.00% of the paid-up share capital, having nominal value of Rs 100 per share of Valecha Investments, pursuant to invocation of pledge on the......

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National Green Tribunal allows Nectar Lifesciences to start function of Derabassi Unit

National Green Tribunal allows Nectar Lifesciences to start function of Derabassi Unit

National Green Tribunal has allowed Nectar Lifesciences to start function of Unit II at Derabassi, Punjab, after observing that the Unit II of the company is compliant of Environment Laws.Earlier, the......

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Hindalco Industries' arm invests $175 million in Pindamonhangaba plant

Hindalco Industries' wholly owned subsidiary -- Novelis Inc. -- has made an investment of $175 million in its Pindamonhangaba plant, located in the Paraiba Valley between Sao Paulo and Rio de Janeiro.......

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Byke Hospitality acquires hotels at various locations

The Byke Hospitality has acquired Hotel & Restaurant Niranjana Resort (20 Rooms) situated at Bodhgaya, Bihar on long term lease through tender process conducted by Bihar State Tourism Development......

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Jindal Steel to increase investment to Rs 1 lakh crore in Odisha

Jindal Steel & Power (JSPL) will increase investment in Odisha from Rs 45,000 crore to Rs One lakh crore by 2030.With the increased investment, the capacity of Angul steel plant will increase from......

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Shree Surgovind Tradelink gets nod to increase investment in RR Lifecare

Shree Surgovind Tradelink has received an approval to increase the investment and/or lending limit up to maximum of Rs 30 crore in Wholly Owned Subsidiary namely- RR Lifecare. The Board of Directors of......

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Nova Iron & Steel gets nod for disinvestment in Bijahan Coal

Nova Iron & Steel has received an approval for disinvestment in Bijahan Coal. The Board of Directors of the company at their meeting held on November 12, 2018, approved the same.Nova Iron &......

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Nettlinx to partner with two Japanese Investment firms

Nettlinx is set to partner with Japanese Investment firms - Takara Leben Company and Kuni Umi Asset Management Company. Both the Japanese companies plan to jointly invest up to 30% of equity in the SVGreen......

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M&M acquires entire stake in Mahindra Automotive Mauritius

Mahindra & Mahindra (M&M) has acquired 100% stake in Mahindra Automotive Mauritius on November 06, 2018.M&M is the flagship company of the Mahindra Group, a multinational conglomerate......

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Mphasis' arm acquires Stelligent Systems

Mphasis' wholly owned subsidiary -- Mphasis Corporation has acquired Stelligent Systems, LLC a US based, DevOps, continuous integration and continuous development, service provider in Amazon Web Services......

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Adani Transmission acquires entire stake in KBSTPL

Adani Transmission has signed Share Purchase Agreement with KEC International (KEC) on November 03, 2018 for acquisition of its entire stake in KEC Bikaner Sikar Transmission (KBSTPL). KBSTPL is having......

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