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M&M may demerge auto business into 3 units – report

Manufacturing

M&M may demerge auto business into 3 units – report

In a major restructuring move, auto-to-tech conglomerate Mahindra & Mahindra is likely to separate ...

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Edelweiss Wealth Management MD on the latest fund and plans to go public

Finance

Edelweiss Wealth Management MD on the latest fund and plans to go public

Edelweiss Wealth Management , an arm of Mumbai based Edelweiss Financial Services, plans to go ...

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IIFL founder Nirmal Jain on why the group split into three and more

Finance

IIFL founder Nirmal Jain on why the group split into three and more

Six months ago, Fairfax-backed IIFL group split into three listed entities -- finance, wealth and ...

Srei Infra to list equipment finance unit via de-merger scheme

Infrastructure

Srei Infra to list equipment finance unit via de-merger scheme

Srei Infrastructure Finance Ltd on Monday announced a scheme of amalgamation that will help list its...

Fairfax-backed IIFL Holdings to split into three listed firms

Finance

Fairfax-backed IIFL Holdings to split into three listed firms

IIFL Holdings Ltd is heading for a three-way split to create two new entities, IIFL Wealth and IIFL ...

PremjiInvest-backed Aditya Birla Capital slips 5% on trading debut

Finance

PremjiInvest-backed Aditya Birla Capital slips 5% on trading debut

Aditya Birla Capital Ltd made a weak debut on stock exchanges on Friday with its shares falling 5% ...

Rakesh Jhunjhunwala picks 12.7% stake in 'Being Human' brand licensee

Consumer

Rakesh Jhunjhunwala picks 12.7% stake in 'Being Human' brand licensee

Ace investor Rakesh Jhunjhunwala acquired a 12.74% stake in Mumbai-based apparel manufacturing firm ...

Orient Paper to demerge consumer electric business

Manufacturing

Orient Paper to demerge consumer electric business

Orient Paper & Industries Ltd said on Monday it has decided to demerge its consumer electric ...

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Diagnostics biz can easily sustain 16-18% annual growth in long term: SRL CEO

Healthcare Services

Diagnostics biz can easily sustain 16-18% annual growth in long term: SRL CEO

In August, Fortis Healthcare said its board has approved a restructuring plan that would see its ...

Fortis controlled diagnostics chain SRL to list via reverse merger with group firm

Healthcare

Fortis controlled diagnostics chain SRL to list via reverse merger with group firm

Fortis Healthcare Ltd said on Friday its board has approved a restructuring plan that would see its ...