Nazara Technologies Limited announced a significant development with its acquisition of an additional 48.42% equity stake in Paper Boat Apps Private Limited. This acquisition, made on September 6, 2024, was pursuant to the Share Purchase Agreement (SPA) signed on July 19, 2024, between Nazara, Paper Boat Apps, and its founding shareholders, Mr. Anupam Dhanuka and …
Marico Limited has announced that it has entered into a definitive agreement to acquire the remaining 40% equity stake in Apcos Naturals Private Limited, the company that owns the beauty brand “Just Herbs.” This acquisition follows Marico’s initial strategic investment in Apcos Naturals, where the company had earlier acquired a 60% equity stake. With the …
Amber Enterprises India Limited, a leading manufacturer in the consumer durables and air conditioning space, has informed the stock exchanges about its strategic decision to restructure its business operations. On September 7, 2024, the Reconstruction Committee of the Board of Directors of Amber Enterprises approved the acquisition of its wholly-owned subsidiary, AmberPR Technoplast India Private …
The United Kingdom is the owner of Hindustan Unilever Limited, an Indian fast-moving consumer goods (FMCG) company with headquarters in Mumbai. It belongs to the British business Unilever as a subsidiary. Foods, drinks, cleaning supplies, personal hygiene items, and other quickly consumed consumer goods are among its offerings. HUL is dividing up its worldwide ice …
India-based Wardwizard Innovations & Mobility Limited is a publicly traded manufacturer of electric vehicles. It produces environmentally friendly electric cars and scooters. It works in the manufacturing of electric vehicles in several nations, such as Nepal, Uganda, and India. Wardwizard Innovations Join Venture with KSA: On Friday, September 6, 2024, the company received a letter …
RBM Infracon Limited is a multi-industry company that has completed many projects with a team of highly skilled engineers and technicians. What distinguishes us from the competition is our proficiency with intricate mechanical and rotary apparatus. Our dedication lies in providing top-notch services that cater to the individual requirements of our clients, guaranteeing seamless operations …
Managing Director and CEO of PNB Housing Finance, Girish Kousgi, is planning to raise up to $125 million through External Commercial Borrowing (ECB) in the third quarter of FY25. He mentioned that the company has already taken out part of an approved ECB loan of $125 million and is considering raising another $100 to …
On September 7, 2024, Senco Gold Limited announced via a stock exchange filing that the Ministry of Corporate Affairs has approved the incorporation of the Company’s wholly-owned subsidiary, “Sennes Fashion Limited,”. A Certificate of Incorporation has been issued for the same. Sennes Fashion Limited is a wholly-owned subsidiary of Senco Gold Limited, making it …
Real estate company Signature Global has awarded a construction contract worth ₹1,144 crore to Ahluwalia Contracts for its luxury housing project in Gurugram. The project, named ‘De-luxe DXP,’ is located in Sector 37D, Dwarka Expressway, and covers 16.65 acres. It will feature 1,008 housing units, with a total developable area of 28.12 lakh square …
Oil India Limited (OIL), India’s oldest oil and gas exploration company and a Maharatna CPSE has pledged its commitment to sustainable energy by joining the Oil and Gas Decarbonisation Charter (OGDC). This move highlights OIL’s focus on reducing carbon emissions and eliminating gas flaring as part of its aim to reach net zero emissions by …
