stake
Fashion & Lifestyle
Warburg Pincus divests 8.4% stake in Kalyan Jewellers for Rs 2,937 crore
PTI -
The US-based Warburg Pincus through its arm Highdell Investment Ltd sold shares of Kalyan Jewellers India on NSE and the BSENew Delhi: Private equity major Warburg Pincus on Thursday divested an 8.4 per cent stake in Kalyan Jewellers India...
Latest News
Mahindra Logistics announces sale of entire 39.79% stake in TLPL
PTI -
Post completion of this sale, TLPL would cease to be an associate of the companyNew Delhi: Mahindra Logistics on Wednesday announced the sale of entire 39.79% stake in its associate company Transtech Logistics Pvt Ltd (TLPL).Post completion of this...
Food & Beverage
Hindustan Media Ventures picks 3.54% stake in Zappfresh for Rs 11.99 crore
PTI -
The company entered into an agreement on 20 November 2023, by subscribing to 807 equity shares of DSM Fresh Foods Pvt LtdNew Delhi: Hindustan Media Ventures Ltd on Tuesday said it will acquire a 3.54 per cent stake for...
E-Commerce
Walmart increases stake in Flipkart, pays $3.5 billion to acquire further shares
PTI -
During the same period, the company received $700 million related to new rounds of equity funding for the company's majority-owned PhonePe subsidiaryNew Delhi: US retail giant Walmart has increased its stake in Indian e-commerce subsidiary Flipkart as it paid...
Finance & Funding
Softbank sells 1.16% stake in Zomato for Rs 947 crore
PTI -
Softbank through its affiliate SVF Growth (Singapore) Pte offloaded the shares of Zomato on the National Stock Exchange
New Delhi: Japanese conglomerate Softbank on Wednesday divested a 1.16 per cent stake in online food ordering company Zomato for Rs 947...
Finance & Funding
Competition Comm approves ADIA’s stake buy in Lenskart under green channel route
PTI -
Under the green channel route, wherein a transaction, which does not raise any risk of an appreciable adverse effect on competition, is deemed to be approved on being intimated to the competition watchdog
New Delhi: Fair-trade regulator Competition Commission of...
Big Grid
Alibaba sells nearly half of its direct stake in Paytm at Rs 535.9 per share
PTI -
Chinese group Alibaba sold 2,59,930 shares of Paytm at Rs 535.90 worth Rs 13.93 croreNew Delhi: Chinese conglomerate Alibaba is learnt to have sold a 3.1 per cent stake - nearly half of its direct shareholding -...
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Hindustan Unilever completes purchase of 51 pc stake in Zywie Ventures
PTI -
After the acquisition of a 51 percent stake for a consideration of Rs 264.28 crore, Zywie Ventures has become a subsidiary of HULNew Delhi: FMCG major Hindustan Unilever Ltd on Wednesday said it has completed the acquisition of a...
Beverages
Reliance to acquire 50% stake in Sosyo Hajoori Beverages
PTI -
Reliance Consumer Products Ltd (RCPL) will acquire a 50 per cent stake in Gujarat-based carbonated soft drinks (CSD) and juices maker Sosyo Hajoori Beverages Pvt Ltd (SHBPL)New Delhi: Reliance Consumer Products Ltd (RCPL), the fast-moving consumer goods arm of Reliance...
Beauty & Wellness
HUL to acquire majority stake in OZiva and 19.8 pc in Wellbeing Nutrition; to invest Rs 335 crore
Hindustan Unilever Limited invested in OZiva and Wellbeing Nutrition to foray into the health and wellbeing segment New Delhi: Leading FMCG maker HUL on Thursday announced the acquisition of a majority stake in OZiva and a 19.8 per cent equity in...
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How FMCG companies are rethinking packaging to become eco-friendly
More and more companies are opting for sustainable approaches to packing of FMCG products for e-commerce. Here’s an overview...
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