Renault will reduce its holdings of Nissan shares from the current 43 per cent to 15, the same percentage the Japanese automaker has in its French partner, the NHK World reported, adding that Nissan will also hold up to 15 per cent of Renault's new electric vehicle unit.
"RattanIndia Enterprises Limited has completed the acquisition of 100 per cent shareholding in the electric motorcycles market leader Revolt Motors," a company statement said.
Mumbai (Maharashtra)/ New Delhi [India], December 7 (ANI/BusinessWire India): Cyril Amarchand Mangaldas advised Adani Ports and Special Economic Zone Limited (Adani Ports) on its acquisition 49.38 per cent shareholding in Indian Oiltanking Limited (IOTL) from Oiltanking India GmbH as well as
Vistara shall be merged with Air India post-receipt of requisite approvals. As part of the merger transaction, SIA shall also invest Rs 2,059 crore in Air India. Post the consolidation, SIA shall hold 25.1 per cent shareholding in Air India. The transaction is estimated to be completed by
Consolidation of these two airlines, both of which operate as low-cost carriers, will be undertaken as part of the restructuring roadmap that is being envisioned for the Tata group's airline business and is expected to bring customer, revenue, cost and operational benefits through broader ad
Mumbai (Maharashtra) [India], September 2 (ANI/PRNewswire): Mumbai-headquartered Calibre Chemicals (Calibre), a nutrition, pharmaceuticals and personal care specialty chemicals company, has entered into a definitive agreement to acquire 100 per cent shareholding of RheinPerChemie GmbH (RPC),
Singapore, August 2 (ANI/PRNewswire): INEOS Styrolution, the global leader in styrenics, announced today that it has entered into an agreement for the sale of its entire shareholding interest in INEOS Styrolution India to Shiva Performance Materials.
New Delhi [India], June 14 (ANI): The Competition Commission of India (CCI) on Tuesday said it has approved the acquisition of up to 24.98 per cent shareholding of IIFL Wealth Management Limited by BC Asia Investments X Limited.
New Delhi [India], June 14 (ANI): The Competition Commission of India (CCI) on Tuesday said it has approved the acquisition of the entire shareholding in Air Asia India by Air India, a wholly-owned subsidiary of Tata Sons.
New Delhi [India], May 14 (ANI): All India Civil Aviation Employees Union has moved Delhi High Court seeking its direction to set aside the impugned notice inviting expression of interest dated December 8, 2020 issued by the Central government for the proposed strategic disinvestment of the