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COMPULSORILY CONVERTIBLE PREFERENCE
CCI clears TVS Group's acquisition of PGIM India AMC, Temasek-Romsons dealIndia's fair trade regulator CCI has given the green light for TVS Group entities to acquire PGIM India Asset Management. The regulator als...
S&P Global revises IPO-bound Oyo parent Prism's outlook to 'Positive'S&P Global Ratings has declared a Positive outlook for Prism, suggesting a promising trajectory for OYO's parent company. This optimistic a...
Startup investing in India: Why angel investing is high-risk, illiquid, and suitable only for patient investors with diversified portfoliosIndian startup investing, once fueled by easy money, now demands caution due to market volatility and inherent risks. While success stories...
Temasek arm backs Milky Mist ahead of IPO as part of Rs 482 crore pre-listing roundMilky Mist Dairy Food has raised Rs 482 crore in a Temasek-backed pre-IPO round, led by Jongsong Investments. The funding strengthens its b...
IPO-bound JSW One acquires proptech platform BuildNext, expands home-construction waresIPO-bound JSW One Platforms has acquired BuildNext Construction Solutions, a proptech startup backed by Pidilite Ventures, to enhance its i...
IHCL completes acquisition of 51 pc stake in Brij Hospitality for Rs 222 crIndian Hotels Company (IHCL), a Tata Group firm, has finalized its acquisition of a 51% stake in Brij Hospitality for approximately Rs 222 ...
AIFs want to know extent of exclusion for equity play nowOn Wednesday, the Reserve Bank of India (RBI) allowed banks and NBFCs to exclude AIF investments in equity shares of their debtor companies...
Centre notifies final angel tax rules, retains all five valuation methodology from draft rulesThe government announced revised Angel Tax regulations, preserving the five valuation methods from the draft rules. They introduced a mecha...
CCI gives nod to KKR purchasing stake in Hero Future Energies GlobalThe proposed combination relates to subscription of compulsorily convertible preference shares of Hero Future Energies Global Ltd (HFE) by ...
Tata Motors raises final tranche of Rs 3,750 crore from TRG Rise ClimateIn October 2021, Tata Motors announced that it will raise USD 1 billion in its passenger Electric Vehicle (EV) business from TPG Rise Clima...
Biocon completes $3.34 billion acquisition of Viatris's biosimilar businessTo fund the upfront payment, Biocon Biologics has secured $1.2 billion of Sustainability Linked Loan (SLL). The balance has been funded thr...
CCI approves deal involving stake purchase in Hero FinCorpAHVF II Holdings Singapore II Pte. Ltd will buy certain compulsorily convertible preference shares of Hero FinCorp Ltd.
Biocon Biologics acquires Viatris' biosimilar business for $3.34 billionBBL said the cash payment of $2 billion to be funded by $800 million raised through equity infusion in BBL and the remainder to be funded b...
ITC increases stake in Delectable Technologies to 20.06%"The company on September 17, 2020 has acquired, in the second tranche, 1,964 compulsorily convertible preference shares of Rs 10 each of D...
Cipla to acquire 22% stake in GoApptivIn the second stage, "subscription of 12,314 compulsorily convertible preference shares is expected to close by October 31, subject to cert...
Raymond to demerge core lifestyle businessRaymond Thursday announced the demerger of its core lifestyle business which will create two separate companies—the new one housing the cor...
CCI clears deal involving Future Lifestyle FashionUnder the deal, FLFL would transfer a section of its apparel marketing business, operated under the 'Lee Cooper' brand, to its indirect who...
Fortis Healthcare completes 51% acquisition in Fortis HospotelThese acquisition transactions are subject to approval of shareholders, Singapore Exchange and unit holders of RHT Health Trust.
GMR Infra to restructure holdings in GMR AirportsDiversified group GMR Infrastructure said agreements have been executed for the proposed restructuring of holdings in GMR Airports Ltd.
DLF to save Rs 175 crore a year as promoters cut CCPS coupon rateLast week, DLF promoters deferred till March 2016 conversion of the compulsorily convertible preference shares held in DLF's arm DLF Cyber ...