Reliance Takes Majority Control of Viacom18 Following Share Conversion
Reliance Industries Limited (RIL), based in Mumbai, India, announced on December 31, 2024, that Viacom18 Media Private Limited (“Viacom18”) has become its subsidiary. This change follows…
POWERGRID Acquires RIV4APTL for Rs. 18.37 Crore to Enhance Renewable Energy Grid
Power Grid Corporation of India Limited (POWERGRID) Acquires Rajasthan IV 4A Power Transmission Limited (RIV4APTL) POWERGRID acquired 100% shareholding in Rajasthan IV 4A Power Transmission Limited…
Acquisition of Stake in WSI Falcon Infra Projects Private Limited
Prestige Estates Projects Limited Announces Strategic Investments and Restructuring Prestige Estates Projects Limited (“the Company”) disclosed three investments and divestments in accordance with Regulation 30 of…
Reliance Digital Health Acquires 45% Stake in Health Alliance Group for $10M
Reliance Digital Health Expands Footprint with Strategic Investment in Health Alliance Group Reliance Digital Health Limited (RDHL), a wholly owned subsidiary of Reliance Industries Limited (RIL),…
Mahindra Electric Automobile: Revised Investment by BII to ₹650 Crores
Mahindra and Mahindra Limited (M&M) has provided an update to stock exchanges regarding British International Investment Plc’s (BII) investment in Mahindra Electric Automobile Limited (MEAL). Originally,…
Tech Mahindra Merges Four Wholly-Owned Subsidiaries to Streamline Operations
Tech Mahindra to Merge Four Wholly-Owned Subsidiaries Tech Mahindra Limited has announced the merger of its four wholly-owned subsidiaries: Perigord Premedia (India) Private Limited (“PPIPL”), Perigord…
Amalgamation of SGS Infosystems, SGS Tekniks, and Syrma SGS Technology Approved
Amalgamation of SGS Infosystems, SGS Tekniks, and Syrma SGS Technology Limited Syrma SGS Technology Limited has announced the approval of its amalgamation scheme with SGS Infosystems…
UFLEX Limited Expands Stake in Amplus Phoenix Energy to 17.75% for Green Energy Goals
UFLEX Limited Acquires Additional Stake in Amplus Phoenix Energy Private Limited UFLEX Limited is set to increase its equity stake in Amplus Phoenix Energy Private Limited…
IMFA Partners with JSW Green Energy for 70 MW Hybrid Renewable Power
Indian Metals & Ferro Alloys Limited (IMFA) signed a binding term sheet with JSW Green Energy One Ltd. (Solar) and JSW Green Energy Seven Ltd. (Wind)…
Ambuja Cements Approves Merger with Sanghi Industries for Operational Synergy
The Board of Directors of Ambuja Cements Limited approved a Scheme of Arrangement on December 17, 2024, for the amalgamation of Sanghi Industries Limited with Ambuja…