Sequoia-backed GoMechanic acquired by Lifelong Group 2 months after fraud
GoMechanic, a car servicing startup based in Gurugram, has been acquired by Servizzy, a consortium led by the Lifelong Group. The group is an Indian...
Tag : Acquisition
AMC Entertainment Shares Zoom After Reports Suggesting Acquisition by Amazon
On Tuesday, AMC Entertainment’s shares jumped as much as 20% after it was reported that Amazon was considering acquiring the struggling movie theatre chain. According...
Indian Client Services won’t be affected after UBS acquisition, says Credit Suisse Spokesperson
Credit Suisse has confirmed that its merger with UBS will not affect services to its Indian clients, as the bank is focused on ensuring a...
UpGrad Acquires Coaching Institute The Gate Academy
Edtech start-up upGrad has made its entry into the test preparation market by acquiring The Gate Academy (TGA) for an undisclosed amount.Post the acquisition, TGA will...
Sundaram Up By 2%, Forward to Acquire BNP Stake
On Friday, shares of Sundram climbed over 2 per cent to Rs 1569 in the morning. The focal point of which was the announcement that...
NBCC’s Bid Started Being Negotiated By Jaypee Infra As Per NCLAT
Jaypee Infratech lenders have started negotiations with NBCC on the latter’s bid to acquire the realty firm. State-owned NBCC is unlikely to dilute certain conditions,...
Soktas India To Be Acquired By Grasim Industries
Grasim industries, a part of Aditya Birla Group, on Wednesday claim that it will obtain Soktas India, which is also a textile firm for an...
Adani Logistics To Acquire Adani Argi Logistics From Adani Enterprise
Adani Ports & SEZ Ltd. announced that its arm Adani Logistics Ltd. will acquire Adani Agri Logistics Ltd. from Adani Enterprises Ltd. for an all-cash...
Prabhat Dairy To Sell Its Entire Business To A French Group
Prabhat Dairy Ltd. has announced to the sale of its milk processing business to France’s Groupe Lactalis for a sum of Rs 1,700 crores. The...
LIC Completes Acquisition Of 51% Controlling Stake In IDBI Bank
The state-controlled IDBI Bank has announced that the Life Insurance Corporation (LIC) completed the acquisition of 51% controlling stake in the Bank today on 21St...