Monday, Jan 24, 2022 | Last Update : 11:03 AM IST

Acquisition Page-2

Second round bids by NuMetal, Vedanta for Essar Steel valid, says NCLAT

Justice S J Mukhopadhaya directed lenders of the Essar Steel to expeditiously take a decision.

07 Sep 2018 11:55 AM

Govt clears procurement of 111 naval helicopters at a cost of Rs 21,000 cr

The utility helicopters will be used in attack missions as well as for search and rescue and surveillance operations.

27 Aug 2018 9:38 AM

LIC will be asked to speed up IDBI Bank acquisition process

IDBI Bank and LIC chairman did not reply to queries in this regard.

23 Aug 2018 8:40 AM

Flipkart acquires AI-led speech recognition startup

Post the acquisition, will become a Flipkart centre of excellence for voice solutions.

22 Aug 2018 2:27 PM

CCI clears Walmart's USD 16 billion acquisition of Flipkart

Walmart-Flipkart combination would create unfair competition and drive local convenience stores out of business.

09 Aug 2018 8:30 AM


IDBI Bank gets govt nod for acquisition by LIC

Post the transaction, IDBI Bank would become a subsidiary of LIC, which will have 51 per cent stake in it.

08 Aug 2018 5:38 PM

Bayer to complete acquisition of Monsanto on June 7

The acquired products will retain their brand names and become part of the Bayer portfolio.

04 Jun 2018 1:54 PM

Got letter of intent from lenders to acquire Binani, says UltraTech

The Committee of Creditors of Binani Cement on May 28 approved the resolution Plan submitted by UltraTech Cement.

30 May 2018 7:45 PM

Tata Steel to raise Rs 16,500 cr debt to fund Bhushan acquisition

Tata Steel said it will raise Rs 16,500 crore through debt instruments to fund Rs 32,500 crore acquisition of Bhushan Steel Ltd.

22 May 2018 4:38 PM

Tata Steel completes USD 5.2 bn purchase of Bhushan Steel

As part of the deal, a unit of Tata Steel is paying 352.33 billion rupees to Bhushan Steel’s creditor banks.

19 May 2018 10:20 AM


ICICI Prudential Life open to acquisition

For the quarter ended December 2017, the firm reported a profit of Rs 452.10 crore.

16 Apr 2018 3:29 PM

Myntra acquires smart wearables startup, Witworks

As part of the acquisition Myntra has inducted the team into its Innovation Labs.

16 Apr 2018 2:11 PM

Ola acquires Ridlr; to digitise public transportation

Combining Ridlr's innovations in mass transit with Ola's mobility products will enable true multi-modal mobility solutions.

03 Apr 2018 3:28 PM

CCI clears UltraTech's acquisition of Binani Cement

UltraTech Cement will buy loan defaulter Binani Cement's stressed assets by providing Rs 7,266 crore.

28 Mar 2018 5:24 PM

ONGC borrows Rs 4,000 crore from ICICI Bank

Company's board has approved raising of the borrowing limit from Rs 25,000 crores to Rs 35,000 crores.

25 Jan 2018 10:33 AM


ONGC stock jumps 6 pc on 51.11 pc stake acquisition in HPCL

ONGC will pay Rs 473.97 per share for 77.8 crore shares of government in HPCL.

22 Jan 2018 11:24 AM

OYO calls off acquisition talks with ZO Rooms

OYO operates in more than 230 cities across India, Malaysia and Nepal.

27 Oct 2017 2:39 PM

IndusInd Bank approves acquisition of Bharat Financial

IndusInd Bank will exchange 639 of its shares for every 1,000 shares in Bharat Financial.

14 Oct 2017 4:04 PM

ONGC may sell IOC, GAIL stakes to fund HPCL acquisition

ONGC holds 13.77 per cent stake in India's biggest refiner IOC, which at market price is worth about Rs 26,600 crore.

28 Sep 2017 3:30 PM

ONGC seeks investment banker to manage HPCL acquisition

The board of ONGC on Monday gave 'in principle approval' for acquisition of the government stake in HPCL.

22 Aug 2017 7:45 PM