Business Issues

NCLT Approves Deep Industries’ Acquisition of Kandla Energy

The National Company Law Tribunal (NCLT), Ahmedabad Bench, has approved the acquisition of M/s Kandla Energy and Chemicals Limited by Deep Onshore Services Private Limited, a subsidiary of Deep...

Ganesha Ecosphere Announces Major Capacity Expansion for rPET Production

Ganesha Ecosphere Limited has revealed plans to expand the capacity of its wholly owned subsidiary, GANESHA ECO PET PRIVATE LIMITED. The key details of the expansion are as follows: Increase...

Engineers India Limited Awarded Project Management Consultancy for National Academic Institute Development

Engineers India Limited (EIL) has been awarded a prestigious contract as the Project Management Consultant for the development of an Academic Institute of National Importance. Below are the key...

HBL Engineering Limited Secures Rs. 410 Crore Order for Kavach Installation with Shivakriti International

HBL Engineering Limited, in partnership with Shivakriti International, has secured a significant order from the Ahmedabad Division of Western Railway. Below are the key details of the order:...

RailTel Corporation Secures Three Major Work Orders Across Key Sectors

RailTel Corporation of India Ltd. has secured three significant work orders, as outlined below: 1. Order from Department of Education, Samagra Shiksha Order Amount: ₹15,98,40,000 (Including Tax)...

Prestige Estates Projects Limited Strengthens Subsidiary Holdings with Two Major Acquisitions

Prestige Estates Projects Limited has made two major acquisitions, increasing its equity stakes in its subsidiary companies. Acquisition of Prestige Falcon Mumbai Realty Private Limited: Prestige...

Indus Towers Acquires 26% Stake in Amplus Tungabhadra for Renewable Energy Goals

Indus Towers Limited has entered into an agreement to acquire a 26% stake in Amplus Tungabhadra Private Limited. Below are the key details of the transaction: Target Company: Amplus Tungabhadra...

Mahanagar Gas Limited Acquires 44% Stake in IBC India to Strengthen Battery Cell Market Presence

Mahanagar Gas Limited (MGL) has successfully acquired a 44% stake in International Battery Company India Private Limited (IBC India) as part of its strategic expansion. Below are the key details...

Paytm Acquires 25% Stake in Brazil-Based Seven Technology LLC for USD 1 Million

Paytm Cloud Technologies Limited (PCTL), a wholly-owned subsidiary of One 97 Communications Limited (Paytm), has announced an investment to acquire a 25% stake in Seven Technology LLC for USD 1...