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RIL's Reliance Retail Acquires Stake In NetMeds For Rs. 620 Crore
Reliance Industries (RIL) late on Tuesday (August 18, 2020) announced that its retail arm Reliance Retail Ventures Limited (RRVL) took over a majority stake in Vitalic Health and its subsidiaries Netmeds. The financial consideration of the deal is nearly Rs. ...
Zomato Acquires Uber In All Stock Deal
Zomato, the online food delivery company, in an all stock deal has acquired Uber Eats. And with the deal, Uber Technology has 10% stake in Zomato. InfoEdge which commands as much as 23% stake in Zomato in a regulatory filing said, ...
Zomato Acquires Uber In All Stock Deal
Amazon Buys 49% Stake In Future Coupons
Amazon, online market place firm, has acquired 49% stake in Future Coupons, a promoter group firm of Future Retail. In November 2019, the Competition Commission of India has granted approval to Amazon for buying stake in Future Coupons. In its order ...
Infosys Acquires 75% Stake In ABN Amro's Stater
Infosys on Friday said it has completed the acquisition of 75% stake in ABN Amro Bank's wholly owned subsidiary Stater. In March, Bengaluru-based IT services firm announced the acquisition plan for Stater at a financial consideration of 127.5 million euros (about ...
Infosys Acquires 75 Stake In Abn Amro S Stater
Rakesh Jhunjhunwala And PE Firm Invest In Star Health Insurance
Ace investor Rakesh Jhunjhunwala and a consortium of private equity firms including WestBridge Capital and Madison Capital have put their bets on Star Health Insurance. The financial consideration of the deal amounts to as much as Rs. 6,500 crore as ...
Rakesh Jhunjhunwala Pe Firm Invest Star Health Insurance
UltraTech To Acquire Century Textiles' Cement Business
On Sunday, the board of directors of UltraTech Cement Ltd. approved the acquisition of BK Birla Group company Century Textiles' cement business as it looks to focus on the real estate business and pare its debt. With the consummation of the ...
Walmart Seeks CCI’s Approval For Flipkart Acquisition
Walmart, the global retail giant has approached the Competitive Commission of India (CCI), to secure the governing body's approval for its proposed acquisition of a major stake in the domestic e-commerce major Flipkart. Walmart states that the deal does not ...
Walmart Seeks Cci S Approval Flipkart Acquisition
Tata Steel Completes Acquisition Of Bhushan Steel
Bhushan Steel, the debt-ridden company undergoing insolvency proceeding has today been acquired by steel major, Tata Steel. As per the debt resolution plan, 72.65% stake in the company has been acquired by Tata Steel's unit Bamnipal Steel. On Friday Jamshedpur ...
Tech Mahindra's Subsidiary To Acquire Stake In Altiostar Networks
Tech Mahindra Limited (TML) has informed the exchange that the Investment Committee of the Board of Directors of the Company has approved the proposal to acquire a shareholding in Altiostar Networks, Inc., USA through its Wholly Owned Subsidiary, i.e., Tech Mahindra ...
Tech Mahindra S Subsidiary Acquire Stake Altiostar Networks
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