A 1052-year old luxury hotel in New York is bought by India’s Sahara Group. The latter company had agreed to buy a controlling stake in the New York’s landmark Plaza Hotel. The cost of this purchase is about $570 million (Approx. Rs. 3150 Crores). The Plaza Hotel is being owned by an Israeli real estate […]
The Rajasthan Venture Capital Fund (RVCF) bought a stake in a cancer care company which is the International Oncology Services Private. The cost of the stake was Rs 20 crore. This stake was necessary since there is now an increase in the demand for cancer care facilities. The problem in India is that there is […]
Just recently, the Tata Global Venture Ltd had another acquisition of stake and this time it’s in the Stallion Brands India Private Ltd. Tata Global had acquired 25 per cent stake. For the record, we all know that Stallion Brands is in exclusive partnership with Levis India. We all know that this brand is a […]
The Reliance Anil Ambani Group firms paid an amount that is over Rs 51 crore through open market transaction for buying 17.4 lakh shares in Shoppers Stop which is a retail chain popular in India. Also, Smallcap World Fund is selling its equities in the company offering a deal that is worth Rs 58.6 crore. […]
CESC Ltd which is an RP-Sanjiv Goenka Group company had confirmed that it had acquired two hydroelectric power plants owned by India Bulls. These plants are in Arunachal Pradesh which has a total power capacity of 146 mw. These two power plants are namely Pachi Hydro Power Projects Ltd and Papu Hydro Power Projects Ltd. […]
Some stakes of the company Eurostar Express of UAE was acquired by DTDC Courier & Cargo Ltd. The company will be owned by DTDC by 52 per cent, UAE-based Eurostar group 33 per cent and DTDC’s local partner in UAE 15 per cent. According to Mr Suresh Bansal, the acquisition done by the DTDC was […]
