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
Bengaluru Singapore’s long-distance supply platform Ship.sg, subsidiary of Maxima Logistics Pte Ltd, has acquired Indian Mobility Life-style Platform BusyBee, solidifying its growth within the Asian and Center Jap markets. The deal, valued at SGD 500,000, will complement Ship.sg’s DAAS mannequin., a press launch stated. With a community of over 1,800 supply riders throughout 317 areas … Read more
Ultratech Cement, the biggest cement producer in India, continues to be in a consolidation mode. Put up market hours on November 30, the corporate introduced a share buy settlement to accumulate the cements enterprise of Kesoram Industries, in a 1:52 share swap ratio (no-cash transaction). The transaction would add a complete cement capability of 10.75 … Read more