ASSET BUYING
US watchdog warns against risks of buying crypto asset securities
The US Securities and Exchange Commission on Thursday issued an investor alert warning that firms offering crypto asset securities may not be complying with US laws. Unregistered offerings of such securities may not provide important data, including audited financial statements, for i...
Fundamental Radar: Strong revenue growth and asset light strategy makes Royal Orchid an attractive buy, says Sandeep Raina
"Strong balance sheet with net debt to equity of 0.02x makes Royal Orchid an attractive buy. We see net profit growth @CAGR of 32% for FY23-25 due to lower growth in depreciation and interest cost. We have a target of Rs 549," S...
Dalmia Bharat to buy Jaypee Group¡¯s cement assets for Rs 5,666 cr
The Jaypee Group on Monday said that a binding agreement had been signed to sell the group¡¯s cement business to Dalmia Cement (Bharat) Ltd at an enterprise value of Rs 5,666 crore.Dalmia Bharat to buy Jaypee Group¡¯s cement assets for Rs 5,666 cr
Axis Bank buys Citi's retail biz in India for Rs 12,325 cr
Indian private lender Axis Bank is buying Citigroup Inc's local consumer banking arm for $1.6 billion in its biggest deal to beef its credit card business. The sale by Citi is part of Chief Executive Jane Fraser's push to overhaul its business by exiting retail banking operations in 13 count...
CryptoTV by CoinSwitchKuber | Abhijith Cuddapah decodes 'What is a Recurring Buy Plan?'
CryptoTV by CoinSwitchKuber | Abhijith Cuddapah, Associate Director - Product, CoinSwitch Kuber explains 'What is a Recurring Buy Plan' and how crypto investors can opt in. CryptoTV by CoinSwitchKuber | Abhijith Cuddapah decodes 'What is a Recurring Buy Plan?'
Anuj Khanna Sohum on what buying Discover Tech assets will mean for Affle
We are going ahead of our competition on a global basis with a deep focus on emerging markets to deliver hyper local, hyper personal vernacular experiences on the devices, Anuj Khanna Sohum, CMD & CEO, Affle (India).Anuj Khanna Sohum on what buying Discover Tech assets will me...
Essel Infra looks to buy 10 highway assets
Essel Infra is looking forward to buy 10 highway assets.Essel Infra looks to buy 10 highway assets
Hello Brother: Jio to buy RCom's wireless assets; definitive pact inked
Reliance Jio Infocomm, a subsidiary of Reliance Industries Limited, on Thursday announced signing of a definitive agreement for the acquisition of specified assets of Anil Ambani-led Reliance Communications and its affiliates. Consequent to the agreement, Jio or its nominees wil
Reliance Jio emerges as front-runner to buy RCom's tower assets: Reports
Mukesh Ambani's Reliance Jio has emerged as frontrunner to buy Anil Ambani's Reliance Communications' tower assets, sources tell ET Now. Notably, RCom has announced to reduce its debt by monetising the assets of its wireless business. Reliance Jio has piped companies like ATC I
Liberty House places bid to buy Tata Steel's UK assets
Indian-origin tycoon Sanjeev Gupta's firm Liberty House has submitted its bid for Tata Steel's Port Talbot unit in UK.Liberty House places bid to buy Tata Steel's UK assets
Intas set to buy Teva's UK & Ireland assets for $775 mn
Ahmedabad drug maker Intas Pharmaceuticals is close to acquiring a part of the assets of Teva Pharmaceuticals in UK and Ireland for an enterprise value of around $775 million (Rs 5,158 crore) payable in cash.Intas set to buy Teva's UK & Ireland assets for $775 mn
Intas set to buy Teva's UK & Ireland assets for $775 mn
Ahmedabad drug maker Intas Pharmaceuticals is close to acquiring a part of the assets of Teva Pharmaceuticals in UK and Ireland for an enterprise value of around $775 million (Rs 5,158 crore) payable in cash.Intas set to buy Teva's UK & Ireland assets for $775 mn
Bharti to buy Loop Mobile's subscribers, tower assets
India's largest telecom operator Bharti Airtel has planned to acquire Loop Mobile that has mobile network only in Mumbai circle. With this acquisition, Bharti becomes the top operator with seven million subscribers followed by Vodafone with 6.8 million subscribers.Bharti to buy Loop Mobile's subs
Dalmia Bharat eyes European buy
Delhi based cement company Dalmia Bharat is desperately looking to buy cement assets in Europe. Watch out for more information.Dalmia Bharat eyes European buy
Positive on banking for next 5 years: Baring AM
Ajay Argal, head of Indian equities at Baring Asset Management, says that private banks have better asset qualities than public sector banks and they are also gaining business at the expense of PSU banks. However, banking sector as a whole will also perform better for the next 5 years.Positive on banki
Nippon Life buys 14% more stake in RCAM for 1,196 cr
In the biggest ever FDI in Indian mutual fund industry, Japanese giant Nippon Life acquired 14 per cent additional stake in leading fund house Reliance Capital Asset Management Company for Rs 1,196 crore, hiking its stake to 49 per cent.Nippon Life buys 14% more stake in RCAM for 1,196 cr
Motherson Sumi buys assets of Scherer & Trier for $44.8 million
Auto parts maker Motherson Sumi Systems Ltd (MOSS.NS) would buy assets of Germany's Scherer & Trier group for about 36 million euros ($44.8 million) through a subsidiary. The subsidiary, Samvardhana Motherson Automotive Systems Group BV of Netherlands has signed an agreement to buy
Julius Baer to buy Merrill Lynch assets
Julius Baer to buy Merrill Lynch assets
JSW may team up with Noble Group to buy Stemcor assets
According to sources, JSW Steel may team up with HK based Noble Group to buy UK based Stemcor Holdings. Sources further indicate that JSW is interested only in Odisha assets of Stemcor. JSW may team up with Noble Group to buy Stemcor assets
Danone buys Wockhardt nutrition assets in India
Danone buys Wockhardt nutrition assets in India
IndusInd, Kotak lead race to buy RBS India retail assets
IndusInd Bank has emerged as the front runner to buy Royal Bank of Scotland's India retail assets and a deal could be announced as early as next week. The deal, which has been in the works for over a year, has hit various speed-bumps along the way on valuation concerns.IndusInd, Kotak lead rac
Mastek buys assets of US firm SEG Software
Mastek buys assets of US firm SEG Software
Buy United Spirits, VIP Industries: CK Narayan
Buy United Spirits, VIP Industries: CK Narayan
MTN to buy Orascom's African assets
MTN to buy Orascom's African assets
Buy Jet Airways, HCL Tech, sell Dish TV: CK Narayan
Buy Jet Airways, HCL Tech, sell Dish TV: CK Narayan
Buy RIL, Suzlon: CK Narayan, Growth Avenues Asset
Buy RIL, Suzlon: CK Narayan, Growth Avenues Asset
Buy Coal India, recommends CK Narayan
Buy Coal India, recommends CK Narayan
AV Birla Group may offer to buy assets of Mexico's Cemex: Srcs
AV Birla Group may offer to buy assets of Mexico's Cemex: Srcs
Essar Oil in race to buy BP's Africa assets
Essar Oil in race to buy BP's Africa assets
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