Marico acquires Vietnamese company BeautyX for ₹172 crore

Marico South-East Asia Corporation (MSEA), the Maricos’s fully owned subsidiary, has entered into a definitive agreement to buy 100% of Vietnam-based Beauty X Corporation for 172 crore in cash. Beauty X owns the female personal care brands Purité de Prôvence and liv, which sell a variety of hair care and skin care products such as

Read More »

TVS Motor arm to acquire entire stake in German co

Tvs Motor Firm announced the acquisition of a 100% share in BBT 35/22 Vermogensverwaltungs GmbH by TVSM Singapore, a wholly-owned subsidiary of the company, for Euro 25,000. It is requested that the name of BBT 35/22 Vermogensverwaltungs GmbH be changed to Celerity Motor GmbH. Following the transaction, the acquired company will become a subsidiary of

Read More »

HGS CX Technologies’ board approved the acquisition of Teklink International and uKnowva

HGS CX Technologies Inc., USA, a subsidiary of Hinduja Global Solutions, has approved the acquisition of a 100% ownership share in Teklink International Inc., USA (target company). The Company’s Board of Directors approved the execution of a Business Transfer Agreement to purchase certain assets/contracts on a going concern basis, including employees, from Teklink Software India,

Read More »

HCL Tech has partnered with Intel and Mavenir to provide 5G enterprise solutions

HCLTech announced a new collaboration with Intel Corporation and Mavenir to develop and provide scalable private 5G network solutions for communication service providers and broader cross-vertical enterprise. The Intel Corporation creates, manufactures, and distributes computer components and peripherals. It is the world’s largest semiconductor chip producer in terms of sales, and one of the creators

Read More »

Lupin receives FDA approval for sertraline tablets

Lupin Ltd said that the US FDA has tentatively approved its generic sertraline hydrochloride tablets, 25mg, 50mg, and 100 mg, for the treatment of major depressive disorder. Sertraline hydrochloride pills from Lupin are the generic equivalent of Pfizer’s Zoloft. Its yearly sales in the United States were roughly $3.1 billion for the fiscal year ended

Read More »

Hindustan Unilever to acquire 19.8% in Nutritionalab for ₹70 crore

Hindustan Unilever Limited (HUL) stated that it will purchase 19.8% of Nutritionalab Private Limited, an Indian private limited company, for Rs. 70 crore. Health and Wellbeing (Vitamins, Minerals, and Supplements) is the industry to which the HUL being bought belongs, and the aims and impacts of the acquisition are based on a strategic investment to

Read More »

Talbros Automotive bags an order worth ₹60 crore

After the company announced that it won a new multi-year contract for Rs 60 crore in the heat shield industry from a passenger car OEM in India, Talbros Automotive Components rose 11.40% to Rs 533.35. The next five years will be used to carry out this directive. This purchase will aid the business in gaining

Read More »

Dredging Corporation bags an order worth INR 60 crore from NRL

According to the regulatory filing, NRL awarded DCI the reclamation dredging contract for NRL Crude Oil Import Terminal (COIT) Plot for transportation and pumping of dredge material from Paradip Port Authority Sand Trap to NRL (COIT) Plot with a project cost of about Rs 60 crore for the years 2022–2023. The Numaligarh Refinery (NRL) Crude

Read More »
Shopping Cart
Scroll to Top