eMudhra Restricted introduced that its wholly owned subsidiary eMudhra Inc has merged with step-down subsidiary Sendrcrypt Applied sciences Inc. The merger, accepted by the State of Delaware on September 10, 2024, consolidates the corporate’s US operations. The transaction entails eMudhra Inc because the transferee firm and Sendrcrypt Applied sciences Inc because the transferor. Each entities … Read more
Indus Towers Restricted has stated that its Board has permitted the buyback of 5.67 crore fairness shares thereby making the shareholding of Bharti Airtel (one of many promoters of the corporate) within the firm enhance to round 50.005 per cent from 48.95 per cent earlier. Additionally learn: MRPL commissions advertising and marketing terminal in Bengaluru … Read more
GRM Abroad Ltd on Wednesday mentioned that it has acquired 44 per cent stake in Swmabhan Commerce Pvt Ltd, the guardian firm of the digital-first espresso model, Rage Espresso. It mentioned that is being executed by a mix of main infusion and secondary buyouts, marking a serious step ahead in its growth into the fast-growing … Read more
Federal Financial institution, a non-public sector financial institution, has entered right into a Bancassurance tie-up with Bajaj Allianz Life Insurance coverage, a non-public life insurer. This partnership will allow Federal Financial institution’s clients to seamlessly entry Bajaj Allianz Life Insurance coverage’s merchandise, throughout the Financial institution’s in depth community in India. This strategic partnership goals … Read more
Shareholders of ICICI Securities have, on March 27, authorised the proposal for the corporate’s merger with father or mother ICICI Financial institution. Nevertheless, a majority of retail shareholders voted in opposition to the proposal. The outcome confirmed that 71.89 per cent of shareholders voted for the delisting. Whereas 83.8 per cent of institutional buyers voted … Read more
The mega merger between Reliance’s media enterprise with Disney’s India models will drive worth not just for the 2 gamers but in addition all the streaming market in India. The merger comes at a time when heightened competitors within the streaming area had squeezed margins for many gamers. For instance, Disney + Hotstar has seen … Read more
So close to and but to date! That was the climax within the over two-year-long Zee-Sony merger saga. What was ideally a win-win deal for each, provided that each events had addressed a number of pending points, has now collapsed. With this, Zee buyers are again to floor zero. So, what’s the epilogue to all … Read more
Zee Leisure Enterprises Ltd (ZEEL) has moved the Nationwide Firm Regulation Tribunal (NCLT) and Singapore Worldwide Arbitration Centre (SIAC) towards Sony Photos Community India’s termination of the merger deal. The corporate has approached the Mumbai-bench of NCLT, “searching for instructions to implement the merger scheme”, the Punit Goenka-led media main mentioned in a regulatory submitting. … Read more