Business Issues

CUMI Finalizes Acquisition of Silicon Carbide Products LLC for $7.05M

Carborundum Universal Limited (CUMI) has successfully acquired 100% membership interests in Silicon Carbide Products LLC, further strengthening its position in the advanced materials sector. This...

Reliance Industries’ Subsidiary Acquires 74% Stake in Nauyaan Shipyard for ₹382.73 Crore

Reliance Industries’ Subsidiary Completes Acquisition of 74% Stake in Nauyaan Shipyard Reliance Industries Limited (RIL), through its step-down wholly owned subsidiary Nauyaan Tradings Private...

Sirca Paints India Acquires Wembley Group’s Paint Business to Expand Market Presence

Sirca Paints India Acquires Wembley Group’s Business Undertaking Sirca Paints India Limited has announced the acquisition of Wembley Group’s business undertaking, marking a significant expansion in...

Power Grid Corporation Acquires CBRTL to Strengthen Karnataka’s Transmission Network

Power Grid Corporation of India Acquires Chitradurga Bellary REZ Transmission Limited (CBRTL) Power Grid Corporation of India Limited (POWERGRID) has successfully acquired Chitradurga Bellary REZ...

Engineers India Limited Secures ₹252.95 Crore Contract for Numaligarh Refinery Polypropylene Unit

Engineers India Limited (EIL) has been awarded a significant contract by Numaligarh Refinery Limited (NRL) for Engineering, Procurement, and Construction Management (EPCM) services for a 360 KTPA...

AYM Syntex Announces Merger with Mandawewala Enterprises for Streamlined Operations

AYM Syntex Limited has announced a strategic move to streamline its corporate structure by merging with its holding company, Mandawewala Enterprises Limited (MEL). This amalgamation aims to enhance...

Tata Motors Launches TMDALL to Drive Digital Innovation in the Automotive Sector

Tata Motors Limited has announced the incorporation of a new wholly-owned subsidiary, Tata Motors Digital.AI Labs Limited (TMDALL), to bolster its digital capabilities and drive innovation in the...

Mahindra & Mahindra Streamlines Corporate Structure with MBTICM Acquisition

Mahindra & Mahindra Ltd. (M&M) has announced a strategic move to streamline its corporate structure by acquiring a 57% equity stake in Mahindra – BT Investment Company (Mauritius) Limited...

Maharashtra Seamless Secures ₹298 Crore Order for Seamless Pipes in Oil & Gas Sector

Maharashtra Seamless Limited (MSL), a leading manufacturer of seamless pipes in India, has secured a significant order valued at approximately ₹298 crore. This order entails the supply of seamless...