M&M to Acquire Agritech Startup MITRA
Mahindra & Mahindra announced the complete acquisition of MITRA Agro Equipments Pvt Ltd for an undisclosed sum. The Farm Equipment Sector (FES) of the corporation has increased its interest in…
GMR Airports Infrastructure to Collaborating with GIL
GMR Airports Infrastructure Limited (GIL) announced the approval of the composite scheme of amalgamation and arrangement of GMR Airports Limited (GAL) with GIL by its board (Merger). It would borrow…
K Krithivasan to Take Over as MD and CEO of TCS Replacing Rajesh Gopinathan
TCS Managing Director and Chief Executive Officer Rajesh Gopinathan has resigned, company announced in a statement. K Krithivasan has been named the IT behemoth's next CEO designate, the company announced.…
Lenskart to Receive a $500 Million Investment from the Abu Dhabi Investment Authority
Lenskart announced that it has inked a formal agreement with Abu Dhabi Investment Authority to invest $500 million, as the Indian eyewear retailer increases its portfolio and prepares for foreign…
Reliance’s Acquisition of Metro Cash is Approved by CCI
Reliance Retail Ventures Ltd (RRVL), a subsidiary of the oil-to-telecom conglomerate, has signed definitive agreements to acquire a 100% equity stake in Metro Cash & Carry India Pvt Ltd for…
Tech Mahindra Gets New MD and CEO
Mohit Joshi, who left Infosys after more than two decades, has been named MD and CEO of Tech Mahindra. He will succeed C P Gurnani, the current MD and CEO,…
Reliance Acquires Two Polyester Companies
Reliance Polyester Ltd, a subsidiary of Reliance Industries, has completed the acquisition of Shubhalakshmi Polyesters Limited and Shubhlaxmi Polytex Limited's polyester businesses. The company announce, "We wish to inform you…
SEBI to Modify Share Buyback Rules
On March 8, the Securities and Exchange Board of India (SEBI) issued a circular outlining restriction on bid placements, price, and volume for a business seeking to buy back its…
The RBI has Launched a Scheme to Establish 75 digital Villages
The Reserve Bank of India (RBI) has launched a programme to convert 75 villages into digital payment-enabled villages. “We have also decided to initiate a 75 Digital Villages programme through…
CAMS Buys Out the Bulk of Think Analytics India
Computer Age Management Services Ltd (CAMS), one of India's leading technology-driven financial infrastructure and services providers, announced on Sunday that it had acquired a 55.42% stake in Think Analytics India…
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