The strategic investment will secure QIA a minority equity stake of 0.99% in RRVL, marking a significant financial infusion into India's largest retail giant, read a post on the official website of Qatar Investment Authority (QIA).
Mumbai (Maharashtra) [India], May 20 (ANI/PRNewswire): As an extension of an existing strategic tie-up between both the Groups, Emerald picked up an equity stake in Limelight Diamonds with an objective of establishing Limelight as a vertically integrated brand and jointly manufacture, sell a
The Competition Commission of India (CCI) on Tuesday approved the acquisition of certain equity share capital of LT Foods Limited by SALIC International Investment Corporation (SIIC) under the relevant section of the Competition Act, 2002
Mumbai (Maharashtra)/ New Delhi [India], February 8 (ANI/BusinessWire India): Cyril Amarchand Mangaldas advised J.P. Morgan India Private Limited (J.P. Morgan), the broker, in relation to the share sale of 4.4 per cent equity stake by Sojitz Corporation in Samvardhana Motherson International
The Adani Group on Friday said it had acquired 27.26 per cent equity stake in NDTV from the promoters -- Prannoy Roy and Radhika Roy -- indicating that the group had acquired the majority stake in the media firm.
Through this acquisition, Reliance Retail said it gets access to a wide network of Metro India stores in prime locations across key cities, a large base of registered kiranas and other institutional customers, a strong supplier network and some of the global best practices implemented by
Vadodara (Gujarat) [India], September 24 (ANI/BusinessWire India): MX Africa Limited (MXAL), has entered into SPA to acquire the remaining 49 per cent stake in the Kenya-based Quantum Lubricants Limited (QLL). MXAL is the Kenya-based wholly owned subsidiary of Maximus International Limited (
Mumbai (Maharashtra) [India], May 16 (ANI/NewsVoir): Cyril Amarchand Mangaldas advised Parry Chemicals Limited (Parry Chemicals), a wholly owned subsidiary of Coromandel International Limited (Coromandel) on its acquisition of 45 per cent equity stake of Baobab Mining and Chemicals Corporati
Geneva [Switzerland], May 2 (ANI/PRNewswire): Firmenich, the world's largest privately-owned fragrance and taste company, today announces that it has increased its equity stake in strategic partner ArtSci Biology Technologies (Hangzhou) Co., Ltd ("ArtSci") moving to majority ownership, subje
Mumbai (Maharashtra) [India], April 20 (ANI): Mortgage lender HDFC Ltd said on Wednesday it has entered into binding agreements to sell 10 per cent of its equity stake in HDFC Capital Advisors Ltd (HDFC Capital) to Abu Dhabi Investment Authority (ADIA) for Rs 184 crore.
New Delhi [India], March 16 (ANI): The Competition Commission of India (CCI) said on Wednesday it has approved Generali Participations Netherlands' proposal to increase stake in its India unit Future Generali India Insurance Company to 74 per cent from 49 per cent.