Bhawna Gupta
Manufacturing
Raymond hikes stake in shirting venture Raymond Zambaiti to 53%
Mumbai-based textile and apparel maker Raymond Ltd has invested Rs 5 crore ($0.8 million) in Raymond Zambaiti Ltd (RZL) to ......
Manufacturing
Prism Cement sells entire 25% stake in LSE-listed bathroom fixture firm Norcros for $43M
Hyderabad-based building materials firm Prism Cement Ltd, through its wholly owned foreign subsidiary Lifestyle Investments Pvt Ltd (LIPL), has sold ......
Infrastructure
Praj Industries hikes stake in water treatment subsidiary Neela Systems to 70%
Engineering firm Praj Industries Ltd has raised its holding in its water treatment subsidiary Neela Systems by acquiring additional 10 ......
TMT
Reliance Group seeks to delist radio and broadcasting firm RBNL
Anil Ambani’s Reliance Group (formerly Reliance ADAG) is looking at a voluntary delisting of its radio and broadcasting firm Reliance ......
Infrastructure
Samara Capital increasing stake in Asian Oilfield to 56%
Private equity firm Samara Capital Partners is increasing its stake in BSE-listed Asian Oilfield Services Ltd through a preferential allotment ......
TMT
IT security solutions provider Quick Heal ropes in Komli Media's Rajesh Ghonasgi as CFO
Quick Heal Technologies Pvt Ltd, leading IT security software solutions provider, has appointed Rajesh Ghonasgi as chief financial officer of ......
Construction
GMR divests 74% stake in highway unit to IDFC for $35M
GMR's road development arm, GMR Highways has signed a definitive agreement with IDFC's India Infrastructure Fund......
Infrastructure
IL&FS Transportation Networks to raise up to $87M through rights issue
Mumbai-based IL&FS Transportation Networks Ltd (ITNL), a transportation infrastructure company, is planning to raise up to Rs 550 crore ($87.4 ......
TMT
Rajasthan Venture Capital Fund invests in video media content provider N1 Media
N1 Media Pvt Ltd, a company which provides content in the field of news and sports videos to television channels ......
Manufacturing
Readymade Steel India to acquire Singapore-based PSL Holdings' units for over $15M
Mumbai-based Readymade Steel India Ltd (RMS), a manufacturer of iron & steel products, has entered into a sale and purchase ......
