Tata's Titan Acquires 27.18% Stake In Its Subsidiary CaratLane For Rs 4,621 Crore Through Share Purchase Agreement
Over the cost of the acquisition, Titan said it will pay "Rs 4,621 crore towards the purchase of 27.18 per cent equity shares of CaratLane on a fully diluted basis". CaratLane Trading is an unlisted entity and its turnover in FY23 stood at Rs 2,177 crore. It also operates in the manufacture and sale of jewellery.
Aug 19, 2023, 13:49 PM IST
Alexa! Start my Roomba: Amazon buys robot vacuum maker for $1.7 billion
In five to 10 years, we believe every home will have at least one robot that will become a core part of your everyday life: Amazon senior Vice President Dave Limp.
Aug 06, 2022, 17:20 PM IST
EaseMyTrip acquires YoloBus for undisclosed amount to expand non-air business
EaseMyTrip is acquiring YoloBus for an undisclosed amount to expand its non-air business.
Dec 16, 2021, 14:57 PM IST
Deshhit: Watch detailed analysis of all the major news of the day, 4th February 2019
This segment of Zee News brings detailed news stories of the day. Watch this video to know top stories of November 29, 2018.
Feb 04, 2019, 21:40 PM IST
Deshhit: Plea filed in SC challenging acquisition of land adjoining the disputed site
A petition has been filed in Supreme Court challenging the acquisition of the adjoining land to the disputed site on the grounds that the Parliament has no legislative competence to take over/acquire the property belonging to the State" and is violative of Article 25
Feb 04, 2019, 21:26 PM IST
BNP Paribas completes acquisition of Sharekhan
Global banking major BNP Paribas has completed the acquisition of domestic retail brokerage firm Sharekhan, a move that will help it to expand presence in broking space in the country.
Nov 24, 2016, 23:34 PM IST
Fortis Healthcare shares climb nearly 5%
Shares of Fortis Healthcare rose nearly 5 percent Monday as the company completed the acquisition of 51 percent stake in Fortis Hospital and also acquired compulsorily convertible preference shares issued by Escort Heart Institute and Research Centre.
Oct 17, 2016, 16:48 PM IST
Verizon buys Yahoo for $4.8 billion: 10 things to know
Internet giant Yahoo on Monday announced that it has agreed a USD 4.83 billion deal to sell its core business to US tech giant Verizon Communications.
Jul 25, 2016, 18:56 PM IST
Nokia moves to finalise acquisition of Alcatel-Lucent
The world's former top mobile phone maker had gained control of 80 percent of Alcatel-Lucent's shares by January but has struggled to mop up the remaining shareholders to gain full control of the company.
Jun 16, 2016, 16:58 PM IST
Wipro completes HealthPlan buyout earlier-than-expected
Country's third largest IT services firm Wipro Tuesday said it has completed its USD 460 million-acquisition of HealthPlan Services earlier than expected.
Mar 01, 2016, 20:46 PM IST
Wipro to acquire US-based HealthPlan Services for Rs 3,150 crore
HealthPlan Services employs over 2,000 associates. It offers technology platforms to health insurance companies (payers) in the individual, group and ancillary markets.
Feb 11, 2016, 18:21 PM IST
Apollo Tyres buys out Germany's Reifencom for euro 45.6 mn
Apollo Tyres has acquired Reifencom GmbH, one of the largest tyre distributors in Germany, for euro 45.6 million (around Rs 301 crore).
Nov 16, 2015, 13:22 PM IST
Open for more acquisitions across Asia: ATC Asia Head
Boston-based American Tower Company, which recently signed a Rs 7,635 crore deal to acquire majority stake in Indian firm Viom Networks, is open to acquiring more telecom infrastructure companies in Asia.
Oct 25, 2015, 21:34 PM IST
Indian IT firms to step up acquisitions to boost growth: S&P
Indian IT companies are likely to step up acquisitions to strengthen their competitive position and boost slowing growth, a report by Standard & Poor's Ratings Services said Tuesday.
Oct 20, 2015, 19:44 PM IST
India among top 10 acquirers in US market this year
Majority of these deals were in the pharma sector, with six transactions totalling USD 1.5 billion, as Indian companies seek to increase their scale in the US generics market, said a report by Baker & McKenzie.
Oct 18, 2015, 20:28 PM IST
European Commission approves Shell's purchase of BG Group
The European Commission gave its approval Wednesday of Royal Dutch Shell's planned acquisition of Britain's BG Group in a deal that must also be cleared by Australian and Chinese regulators.
Sep 02, 2015, 23:09 PM IST
Fairfax proposal to buy 26% in IIFL gets CCI nod
Fair trade regulator CCI has cleared Canadian investment holding company Fairfax's proposed acquisition of 26 percent stake in IIFL Holdings.
Aug 31, 2015, 21:20 PM IST
RBI makes changes in NBFCs management control more stringent
The Reserve Bank Thursday tightened the norms for acquisition/transfer of control of non-banking financial companies (NBFCs) by making it mandatory to seek prior approval from it.
Jul 09, 2015, 23:55 PM IST
Intel close to deal to buy Altera for $16 billion: Sources
Intel Corp has resumed negotiations to buy smaller chip maker Altera Corp and is close to a $16 billion acquisition agreement, people familiar with the matter said on Friday.
May 29, 2015, 23:55 PM IST
CCI approves acquisition of Alstom's India assets by GE
Fair trade regulator Competition Commission of India (CCI) has approved the acquisition of Alstom's India assets by General Electric as part of global deal.
May 19, 2015, 19:18 PM IST
