Related to the group’s restructuring (ending family feud) in March, is the acquisition of Vadilal Brand from a promoter entity for Rs 1,000 cr. (The ‘Vadilal’ brand is a strategic...

The Company has informed that it is not being considered favorably by the Income Tax Department (ITD) for the next round of RFP selection process for PAN 2.0 project. This...

VIL’s efforts to revive continue. After recent conversion of equity by Govt, the Company has now petitioned the Supreme Court (SC). Petition is to waive more than Rs 45,000 cr...

Japanese banking giant Sumitomo Mitsui Banking Corp (SMBC) is rumored to be back on the table for acquiring a significant stake in Yes bank (YB). (Deal talks with Mitsubishi UFJ...

Mahindra & Mahindra (M&M) informed that it’s board has approved acquiring a significant stake in SML Isuzu. M&M is acquiring 59% from the promoter group entire 43.96% of Sumitomo Corporation;...

Airtel’s move comes in the wake of the government recently raising its stake in Vodafone Idea to over 49%. The telecom reform package announced in September 2021 allowed telcos to...