TVS Motor Company Limited, one of India’s leading two-wheeler manufacturers, has made significant strides in its global business operations with two recent acquisitions. The company has acquired a full stake in The GO Corporation (GOAG), Switzerland, and EBCO Limited, UK, through its wholly-owned subsidiary TVS Motor (Singapore) Pte. Ltd. These acquisitions mark strategic moves to…
Hatsun Agro Product Limited (HAP), India’s leading corporate dairy company, has successfully completed the acquisition of Milk Mantra Dairy Private Limited, marking a significant milestone in its expansion strategy. This acquisition, finalized on March 25, 2025, positions Milk Mantra as a wholly-owned subsidiary of HAP. Acquisition Details: Total Shares Acquired: HAP has acquired the entire…
Hindustan Media Ventures Limited (HMVL), a prominent media company in India, has recently expanded its investment portfolio by converting warrants into equity shares of Pur Energy Limited (PURE), a Hyderabad-based electric vehicle (EV) manufacturer. This strategic move underscores HMVL’s commitment to diversifying its interests and tapping into the burgeoning EV market. Details of the Investment:…
Indegene Limited, a prominent global enterprise specializing in digital-first commercialization within the life sciences sector, has announced a strategic move to enhance its European footprint. The company’s wholly-owned subsidiary, Indegene Ireland Limited, is set to acquire MJL Communications Group Ltd. and its subsidiary, MJL Advertising Ltd., both based in the United Kingdom. Transaction Overview: Acquisition…
Power Grid Corporation of India Limited (POWERGRID) has recently expanded its transmission network by acquiring three Special Purpose Vehicles (SPVs) through Tariff Based Competitive Bidding (TBCB). These acquisitions aim to enhance India’s power transmission infrastructure and facilitate the integration of renewable energy sources. 1. Acquisition of Banaskantha Transco Limited (BTL): On March 24, 2025, POWERGRID…
Adani Enterprises Limited (AEL) has announced the incorporation of a new step-down wholly owned subsidiary by its existing wholly owned subsidiary, Adani New Industries Limited (ANIL). The newly formed entity, Adani New Industries One Limited (ANIOL), was officially registered on March 24, 2025. Key Details of ANIOL: Authorized and Paid-up Share Capital: ₹1,00,000, divided into…
BYD’s Bold Move: Massive ₹85,000 Cr Investment to Supercharge India’s EV Market China’s leading electric vehicle (EV) manufacturer, BYD, is making waves in the Indian automobile market with a monumental investment of ₹85,000 crore. This ambitious plan includes the construction of a massive manufacturing facility capable of producing 6 lakh (600,000) EVs annually, positioning India…