[ad_1] New Delhi: Watch and jewelry retailer Titan Firm Ltd, by means of its wholly owned subsidiary Titan Holdings Worldwide, on Monday introduced the acquisition of a majority stake in Dubai-based jeweller Damas Llc (UAE) for $283 million or 1.04 billion dirham. Titan, through its absolutely owned arm, has entered an settlement to accumulate a … Read more
[ad_1] Mumbai: Kenro Capital, which specializies in buying stakes from current traders, is evaluating a $30-40 million funding in Pine Labs because the fintech big’s early backers look to exit partly or in full forward of its itemizing later this yr, two folks acquainted with the matter. “The funding agency has been chatting with a … Read more
[ad_1] New Delhi: The federal government is prone to defer its broader disinvestment plans to the fourth quarter of FY26 because it focuses on finishing the strategic sale of IDBI Financial institution by the tip of the third quarter, two folks conscious of the matter stated. The transfer is geared toward avoiding market crowding and … Read more
[ad_1] Only a month after Sona Comstar chairperson Sunjay Kapur died in London, a household dispute has erupted over the inheritance of one in every of India’s main auto element makers. Citing a 2015 will, Sunjay’s mom Rani Kapur has claimed to be the only beneficiary of the property of her late husband and firm … Read more
[ad_1] The entity under scrutiny is PTC Cables Pvt. Ltd (PTCC), which holds a 1.91% stake in Vedanta Ltd, a company with a market capitalization of ₹1.75 trillion, according to BSE data. PTCC is owned by Bhadram Janhit Shalika Trust (BJST), which Viceroy alleges is controlled by the Agarwal family, founders of the Vedanta Group. … Read more
The Tripadvisor logo is displayed on a tablet. Mateusz Slodkowski | Sopa Images | Lightrocket | Getty Images Company: Tripadvisor (TRIP) Business: Tripadvisor is an online travel company. It leverages its brands, technology, and capabilities to connect its global audience with partners through content, travel guidance and two-sided marketplaces for experiences, accommodations, restaurants and other … Read more
[ad_1] Swiss private equity firm Partners Group is set to acquire a majority stake in shadow lender Infinity Fincorp for ₹1,950 crore ($230 million), the companies said on Thursday. The transaction includes a primary capital infusion of ₹600 crore ($70 million) and a secondary purchase of shares from existing shareholders, including Indium IV (Mauritius) Holdings, … Read more
