subsidiary

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    India's Competition Commission Clears Coursera-Udemy Merger

    New Delhi, March 25 The Competition Commission of India approved the proposed merger of Coursera's subsidiary, Chess Merger Sub, with Udemy Inc., on Wednesday.US-based Coursera is a global education technology company that operates a leading online learning platform. Its operations in India...
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    Welspun Corp. Consolidates Ownership of East Pipes

    New Delhi, March 24 Welspun Mauritius Holdings will transfer its 22 per cent stake in East Pipes Integrated Company for Industry to Welspun Pipes Inc, USA, for 979.90 million SAR (Saudi Riyal).Both Welspun Pipes and Welspun Mauritius Holdings Limited (WMHL) are wholly-owned subsidiaries of the...
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    CIL Approves Divestment of SECL and MCL Shares

    New Delhi, March 23 The Coal India board gave the go-ahead on Monday for divesting up to 25 per cent of its stake in the subsidiary, South Eastern Coalfields Ltd (SECL), through an Offer for Sale (OFS), along with a fresh issuance of up to 10 per cent equity through an initial public offer or...
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    Tata Steel Consolidates Operations with NINL Merger

    New Delhi, March 17 The Tata Steel board approved on Tuesday the merger of NINL with the company and an investment of USD 2 billion in its wholly-owned subsidiary, T Steel Holdings Pte.The board also approved the acquisition of a stake in Medica TS Hospital Private Limited (Medica TS Hospital)...
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    Bikaji Foods Expands Retail Footprint with ₹40 Crore Investment

    New Delhi, March 14 Bikaji Foods International announced on Saturday that it has invested ₹40 crore in its subsidiary, Bikaji Foods Retail Ltd (BFRL)."The company has subscribed to an additional 10,52,630 equity shares in its wholly-owned subsidiary," the company said in a regulatory filing...
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    Asgard Alcobev Expands into Alcoholic Beverages

    New Delhi, February 18 Asgard Alcobev, formerly known as Banganga Paper Industries, has completed the acquisition of CMJ Breweries, a leading contract brewing facility in Northeast India.The company has acquired a 78.9 per cent stake in the equity share capital of CMJ Breweries pursuant to a...
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    Ixigo Acquires Stake in Spanish Train Booking Platform Trenes

    New Delhi, February 14 Marking its first major international acquisition, travel aggregator ixigo's board has approved the execution of binding agreements for the acquisition of a 60 per cent stake in Spain's second-largest train booking platform, Online Travel Solutions, for 11.70 million euros...
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    Ixigo Invests in Spanish Tech Firm Sqaas Alongside Trenes Deal

    New Delhi, February 14 Ixigo, a travel aggregator, has approved the acquisition of a 60% stake in Online Travel Solutions (Trenes), Spain's second-largest train booking platform, for €11.70 million (over ₹125 crore).The proposed acquisition will allow Ixigo to leverage its product, technology...
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