LiveBharat Forge Subsidiary to Acquire SEZ Unit of Indo Shell Mould
On Monday, Auto parts maker Bharat Forge Ltd said that its unit JS Auto Cast Foundry India would acquire Indo Shell Mould Ltd’s special economic...
Category : BUSINESS
TVS Motor Slips After December Sales Drop 4% YoY
The company’s sales in December fell 3.58% to 242,012 vehicles, compared with 250,993 in December 2021. TVS Motor Company fell 1.76% to Rs 1,067.20. In...
Hi-Tech Pipes Jumps After Sales Volume Rises by 40% YoY in Q2
Hi-Tech Pipes jumped 4.22% to Rs 854.15 after the company recorded a sales volume of 91,232 thousand tonnes in the third quarter of FY23, compared...
LIC Pares Stake in NMDC
Life Insurance Corporation of India (LIC) disclosed that it dropped its stake in NMDC from 15.772% to 13.699%. The company sold 6,07,50,576 shares, or 2.073%...
Bandhan Bank Sells Stressed Loans to ARC for Rs 801 Crore
Bandhan Bank announced on December 30 the sale of its stressed loans worth Rs 8,897 crore to Asset Reconstruction Corporation (ARC) for Rs 801 crore....
Fidelity Cuts Value of Twitter Stake by 56%
According to the investment firm’s monthly disclosure on Friday, Fidelity funds slashed the value of its Twitter stake by 56% in November, as the social...
Tata Motors to Complete Acquisition of Ford India’s Manufacturing Plant in January
On Friday, Tata Motors said that the acquisition of Ford India’s manufacturing plant in Sanand through its subsidiary will be completed by January 10, 2023....
Adani Group Acquires NDTV Promoters’ Additional 27.26% Stake for Rs 602 Crore
After founders Prannoy Roy and Radhika Roy sold a 27.26% stake in NDTV to an Adani unit for Rs 602 crore in several block deals,...
BSE Appoints Sundararaman Ramamurthy as MD & CEO W.e.f January 4, 2023
Mr Sundararaman Ramamurthy is appointed as the Managing Director and chief executive officer (CEO) Bombay Stock Exchange (BSE) with effect from January 4, 2023, as...
TAFE Acquires Interior Systems Unit of French Automotive Supplier
On Friday, Tractor and farm equipment maker TAFE Ltd said it had acquired FAURECIA, the interiors business group of French global automotive supplier FORVIA, for...