Bikaji Foods Strengthens U.S. Presence with Additional Investment in Bikaji USA Bikaji Foods International Limited (BFIL) has taken another step towards strengthening its presence in the U.S. market. On February 24, 2025, the company announced an additional subscription of 10,000 common stocks worth $10 each, totaling $100,000, in its wholly-owned subsidiary, Bikaji Foods International USA…
In a strategic move to strengthen its presence in the manufacturing sector, Optiemus Infracom Limited announced on February 21, 2025, that its Operations and Administration Committee of the Board of Directors has approved the acquisition of 23.8 million equity shares in Bharat Innovative Glass Technologies Private Limited (BIGTech). This acquisition is part of a rights issue subscription and underscores Optiemus Infracom’s…
In a significant development in India’s gaming industry, Delta Corp Limited (DCL), the country’s leading listed casino and gaming company, has unveiled plans to merge its subsidiary, Deltatech Gaming Limited (DGL), with Head Digital Works Private Limited (HDW). The transaction, valued at approximately INR 491 Crore, marks a strategic move to consolidate strengths in the online gaming space. Here’s…
In a recent update, 360 ONE WAM Limited announced revisions to the pricing of equity shares and warrants related to its acquisition of Batlivala & Karani Securities India Private Limited (BKSIPL). While the total consideration for the acquisition remains unchanged at Rs. 1,774.24 crores, the revised terms reflect adjustments in the valuation of equity shares and warrants. Here’s a…
Kurla, Maharashtra, February 20, 2025 — Tata Steel Limited has reinforced its strategic foothold in the global steel industry with a significant acquisition. The company has announced the acquisition of 191,08,28,025 ordinary equity shares in T Steel Holdings Pte. Ltd (TSHP). Each share is valued at USD 0.157, amounting to a total transaction value of…
In a significant move to bolster its subsidiaries, Mahindra & Mahindra Limited (M&M) announced on February 20, 2025, that its Board of Directors has approved investments in the rights issues of two of its listed subsidiaries: Mahindra & Mahindra Financial Services Limited (MMFSL) and Mahindra Lifespace Developers Limited (MLDL). This strategic decision underscores M&M’s commitment…
Narayana Health, one of India’s leading healthcare providers, has unveiled plans for a significant capacity expansion with the establishment of a new 1100-bed super-specialty hospital in New Town, Kolkata. Named Narayana Health City, Kolkata, this state-of-the-art facility aims to address the growing demand for affordable and high-quality healthcare services in the region. Here’s a detailed look at the project…
Garden Reach Shipbuilders & Engineers Ltd. (GRSE), a leading shipbuilding company in India, has recently secured a significant contract with the Ministry of External Affairs (MEA), Government of India (GoI), for the normal refit of the Mauritius Coast Guard Ship CGS Barracuda (MCGS Barracuda). This contract, funded by the MEA as a grant to the Government of…
GE Power India Limited, a key player in the power generation and energy solutions sector, has announced the receipt of significant purchase and work orders totaling INR 403.38 million (excluding 18% GST). These orders, awarded by NTPC Limited and M.P. Power Generating Co. Ltd., highlight GE Power India’s continued role in supporting India’s energy infrastructure. Here’s a detailed look…
RailTel Corporation of India Ltd., a leading provider of telecommunications and IT solutions, has recently announced the receipt of a significant work order from the High Court of Jammu & Kashmir and Ladakh. Valued at ₹22.44 crores (including tax), this service order underscores RailTel’s growing expertise in delivering critical infrastructure and technology solutions. Here’s a detailed look…