Assets under management (AUM) of private asset reconstruction companies (ARCs), as measured by security receipts (SRs) outstanding, is expected to decline 4-6 per cent to Rs 1.05 lakh crore this fiscal after sliding 15 per cent last fiscal, according to a latest report by Crisil Ratings.
Headlining their auction success is the INR 19 lakh buy of 25-year-old all-rounder Harsh Tyagi, one of Delhi's top young prospects. The Warriors also made key acquisitions including Indian leg-spinner Suyash Sharma (Rs. 15 lakh), wicketkeeper-batter Dhruv Singh (Rs. 13.5 lakh), middle-order
Melbourne [Australia] / New York [US] / London [UK], June 24: Synechron, a leading global digital transformation consulting firm, announced today the opening of its new office in Melbourne, Australia - a move that supports the company's rapid growth, recent acquisitions, and commitment to wo
Mumbai (Maharashtra) [India], June 16: The Bombay Stock Exchange (BSE) has approved the Draft Red Herring Prospectus of Integrum Energy Infrastructure Limited for IPO. The company is going public through an IPO to fund working capital requirements, invest in its subsidiary, Integrum Green As
Mumbai (Maharashtra) [India], June 9: Zaggle Prepaid Ocean Services Limited, India's leading spend management company, is set to acquire a 100% stake in Dice and GreenEdge Enterprises for Rs150 crore. These consecutive acquisitions will enhance Zaggle's presence in the Indian market, signifi
Chennai (Tamil Nadu) [India], May 31: Basilic Fly Studio Limited (BFS), a pioneering force in the world of visual effects (VFX), renowned for creating immersive and high-impact visual experiences, today has announced its audited financial results for H2 & FY '25.
With the PKL Player Auction for Season 12 around the corner, the Bengal Warriorz, one of the founding franchises of the tournament, are preparing to bolster their squad with important acquisitions for the upcoming season. The PKL Player Auction is scheduled for May 31 and June 1 in Mumbai.
New Delhi [India], May 29: Safex Chemicals, a leading player in the specialty chemical sector, is proud to announce the commencement of operations at its newest and largest manufacturing facility in Bharuch, Gujarat. Commissioned in April 2025, the facility marks a major milestone in the com
Kuala Lumpur [Malaysia], May 26: Hong Leong Bank ("HLB" or "the Bank") announces its strategic alliance with Lombard Odier, a leading global wealth and asset manager with over 225 years of experience, to enhance its HLB Private Bank and Regional Wealth Management proposition. This strategic
The approval for the acquisitions under emergency powers was granted recently by the Defence Acquisition Council in its meeting attended by top defence ministry and military brass, defence officials told ANI.
Mumbai (Maharashtra) [India], April 29: TAC InfoSec Limited, a leader in cybersecurity solutions, has posted impressive financial results for the fiscal year ended March 31, 2025. The company achieved 160% revenue growth and 135% profit surge, marking a strong performance driven by strategic
Hong Kong, April 7: Global logistics provider Dachser grew significantly in 2024, with sales growth of 13 percent lifting revenue above the 8 billion mark to EUR 8.027 billion. The family-owned company also recorded significant year-over-year increases in other key figures such as headcount