Companies
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Aditya Birla Fashion To Raise Rs 2,195 Crore Of Primary Capital From GIC
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On May 24, the board of directors of Aditya Birla Fashion and Retail Limited (ABFRL) approved a preferential offering of shares and warrants to a subsidiary ...

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Vodafone Shareholder E& Will Consider Joint Investments
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UAE telecoms group e& said on Friday it will consider joint investments with Vodafone after buying a 9.8% stake in the British company last week, and is ...

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Ruchi Soya To Be Named Patanjali Foods After Acquiring Of Patanjali Ayurved’s Food Business
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Ruchi Soya will be rebranded Patanjali Foods after acquiring the parent firm Patanjali Ayurved's food retail activities, the company said on May 18. The ...

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Adani Group Enters Healthcare Business, Incorporates Subsidiary Adani Health
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The Adani Group has announced its foray into the healthcare industry by forming a fully owned company to provide healthcare-related services. According to ...

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Government May Sell BPCL Partially, Instead Of Entire Stake: Report
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After failing to lure bids for the whole company, India is contemplating selling up to a quarter of state-run refiner Bharat Petroleum Corp Ltd, according to ...

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Adani To Buy Holcim Stake In Ambuja Cements and ACC For $10.5 Billion
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The Adani Group said on May 15 that it has signed formal agreements to buy Holcim Ltd.'s Indian companies, Ambuja Cements and ACC Ltd, in a transaction that ...

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SEBI Tells PTC India Financial Not To Make Changes In Board Until Forensic Probe Completed
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The Securities and Exchange Board of India (SEBI) has ordered PTC India Financial Services Ltd (PFS) not to make any board changes until a forensic study on ...

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Swastika Commodity Merges With Swastika Investmart
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Swastika Investmart Ltd has finalised the merger of its sister firm Swastika Commodity Private Limited in order to provide equity and commodity services under ...

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Indian Oil, BPCL, HPCL Sign Long Term Purchase Agreement For Dedicated Ethanol Plants
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The Ministry of Petroleum & Natural Gas announced on May 11 that state-run oil marketing companies (OMCs) Indian Oil Corporation Limited (IOCL), Bharat ...

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JSW Group Will make $7 Billion Bid for Ambuja & ACC Cements
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According to the Financial Times, JSW Group, an Indian metals-to-cement conglomerate, would launch a $7 billion proposal for Holcim AG's Indian subsidiaries ...

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Central Bank of India to close 13% of its branches: Report
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According to sources and a document obtained by Reuters, the Central Bank of India, a state-owned commercial bank, aims to close 13 percent of its branches to ...

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Upstox Hits 10 Million Customer Base, Surpasses Zerodha
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Stock and mutual fund investing site Upstox's user base has exceeded 10 million, tripling from 5 million six months ago and ahead of rival Zerodha's 9 ...

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