Greaves Cotton’s board has granted an approval to acquire 67% stake in Ampere Vehicles for Rs77cr, with an option to acquire another 13% in the electric vehicle company for Rs75.5cr.
Reliance Infrastructure's board approved 100% sale of integrated Mumbai power business to Adani Transmission.
TCS to buyback up to 7cr fully paid-up equity shares.
PVR in race to acquire North Indian cinema chain Wave Cinemas.
Varde and Aditya Birla Capital to create a JV to invest in stressed assets in India.
Laurus Labs received the USFDA approval for Metformin Hydrochloride tablets, which are used for treatment of diabetes.
ICICI Prudential Life Insurance offloads its 52.1 shares in Tata Chemicals for Rs216cr.
National Fertilizers inked an agreement with Ramagundam Fertilizers and Chemicals to market the latter’s product including 12.71LMT of urea under its brand ‘Kisan’.
Jet Airways introduced 28 new flights in September to enhance domestic connectivity.
Celestial Biolabs’ board of directors to meet on September 3, they will consider the further issue of equity shares and/or warrants to promoters and non-promoters group on preferential basis.
Indian Bank has inked the Inter Creditor Agreement (ICA) for resolution of stressed assets.
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