Stay updated with the latest subsidiary news, articles, and insights from trusted sources. Explore in-depth coverage and expert analysis on subsidiary topics.
NewsVoir Bengaluru (Karnataka) [India], September 26: TVS Motor Company, a leading global manufacturer of two - and three-wheelers, today announced the establishment of its Global Centre of Excellence (CoE) for Design and Engineering in Bologna, Italy, reinforcing its long-term vision to deliver premium, future-ready mobility solutions across international markets. As part of this initiative, TVS Motor has agreed to acquire 100% ownership of Engines Engineering S.p.A., an Italian automotive de ...Read More >
(Bloomberg) -- The US is investigating whether Waaree Energies Ltd., India's largest solar panel maker, evaded anti-dumping and countervailing duties on solar cells from China and other Southeast Asian nations. US Customs and Border Protection has started a formal investigation of Waaree and Waaree Solar Americas Inc. and imposed interim measures because there is reasonable suspicion the company evaded duties when bringing merchandise into the US, according to a public notice by the agency obta ...Read More >
Pace Digitek IPO | The initial share sale will open for public subscription on September 26, and close on September 30. Pace Digitek, the Bangalore-based telecom infrastructure solutions provider, has raised Rs 245.14 crore via anchor book on September 25, of the total IPO size of Rs 819 crore. The initial share sale will open for public subscription on September 26, and close on September 30. The price band for the offer is Rs 208-219 per share. Total 15 institutional investors participated ...Read More >
The accused have been identified as Karan Dalip Bothara and his wife Saumya Karan Bothara. The couple are now under police investigation following complaints of criminal conspiracy and breach of trust. According to the FIR filed by Lavtar Singh Bajaj, a 42-year-old liquor entrepreneur from Sarabha Nagar, Ludhiana, the dispute stems from a deal involving a Lexus LM350H 4S ultra luxury vehicle worth ₹2.52 crore. Bajaj alleged that he met the accused in Mumbai in June during a business visit. The ...Read More >
Indian Hotels Company Limited (IHCL) has invested over Rs 100 crore to acquire more than 2 lakh shares of its subsidiary, ELEL Hotels and Investment Limited, through a rights issue. This investment supports the Rs 2,500-crore Taj Bandstand project in Bandra, which will feature 330 rooms and 85 apartments. Earlier, IHCL acquired over 3. Indian Hotels Company Limited (IHCL) on Tuesday said it has invested over Rs 100 crore to acquire more than 2 lakh shares of its wholly-owned subsidiary ELEL Hot ...Read More >
Bengaluru Airport City partners with GAIL Gas Ltd to develop a city gas distribution facility, featuring a CNG station and PNG installations. This initiative aims to create a cleaner energy ecosystem at Kempegowda International Airport, supporting taxis, buses, and logistics fleets. The project enhances the Airport City's appeal as a sustainable business destination, aligning with global green standards. The Bengaluru Airport City Limited (BACL) on Tuesday announced signing an agreement with GA ...Read More >
BTS' agency HYBE has officially launched its Mumbai headquarters. HYBE India aims to develop regional talent in India. BTS' agency HYBE has officially launched its headquarters in Mumbai, India. With the launch of HYBE India Private Limited (HYBE India), the global entertainment powerhouse has established its fifth global headquarters, following China, Japan, the United States, and Latin America. HYBE India, which is headquartered in Mumbai, the centre of India's cultural and entertainment sec ...Read More >
New Delhi, Sep 23 (PTI) Indian Hotels Company Limited (IHCL) on Tuesday said it has invested over Rs 100 crore to acquire more than 2 lakh shares of its wholly-owned subsidiary ELEL Hotels and Investment Limited via rights issue. ELEL Hotels and Investment Limited owns the leasehold rights for a land parcel at Bandstand Bandra, under which Taj Bandstand is proposed to be developed. In February, Tata Group-owned IHCL, the country's biggest hospitality player, had unveiled the Rs 2,500-crore Taj ...Read More >
New Delhi [India], September 23: Ameenji Rubber Limited launches ₹30 crore IPO, which will open on September 26, 2025, and close on September 30, 2025. The face value is ₹10 per equity share, with a price band of ₹95 to ₹100 per share. The issue size is 30,00,000 equity shares, aggregating up to ₹30 crore at the upper price band, and the minimum application lot is 1,200 shares. IPO Details Ameenji Rubber Limited, engaged in the manufacturing, supply, and export of rubber solutions for Railways ...Read More >
New Delhi [India], September 16: With an expertise of over six decades, K Raheja Corp Homes, the residential arm of K Raheja Corp, has established itself as a pioneer in India premium luxury real estate. Renowned for delivering projects ahead of schedule, the brand stands out for its customer-centric approach, uncompromising quality, and innovative designs, consistently raising the benchmarks of excellence across the industry. With a footprint across Mumbai, Pune, Bangalore, Hyderabad, and Goa, ...Read More >
New Delhi, Sep 16 (PTI) Mother Dairy on Tuesday said it will pass on 100 per cent GST reduction benefits to consumers and most of its products including value-added dairy products and processed foods (under Safal brand) will become cheaper with effect from September 22. Mother Dairy, a wholly-owned subsidiary of National Dairy Development Board (NDDB), said that prices of paneer (200 gms) will come down from Rs 95 to Rs 92, Ghee Carton Pack (1 litre) from Rs 675 to Rs 645, and butter 100 gm fro ...Read More >
New Delhi [india], September 16 (ANI): Mother Dairy has announced a cut in its prices across its airy and processed foods statign that it is passing on the benefits of the Goods and Services Tax (GST) cut benefits directly to consumers effective September 22. A wholly owned subsidiary of National Dairy Development Board (NDDB), Mother Dairy said that with the new pricing the company's entire portfolio of products now falls under nil or lowest 5 per cent slab of the GST. Also Read | Who Is Nupu ...Read More >
New Delhi [india], September 16 (ANI): Mother Dairy has announced a cut in its prices across its airy and processed foods statign that it is passing on the benefits of the Goods and Services Tax (GST) cut benefits directly to consumers effective September 22. A wholly owned subsidiary of National Dairy Development Board (NDDB), Mother Dairy said that with the new pricing the company's entire portfolio of products now falls under nil or lowest 5 per cent slab of the GST. Effective September 22, ...Read More >
Nagpur: Gas Authority of India Limited (Gail) may pump LNG from Adani Group's Dhamra port in the eastern coastal state of Odisha through its pipeline connecting Nagpur to Jharsuguda. Gail is laying a gas pipeline from Mumbai to Nagpur, along the Samruddhi Expressway, with the pipeline extending further to Jharsuguda in the east.Adani has an LNG terminal at Dhamra port on the east coast and is delivering LNG to Gail's metering stations there. The facility will enable Gail to charge up the pipelin ...Read More >
New Delhi, Sep 15 (PTI) State-owned Canara Bank on Monday said its subsidiary, Canara HSBC Life Insurance Company Ltd, has received capital market regulator Sebi's nod for its proposed initial public offering (IPO). Canara HSBC Life Insurance has received communication from the Securities and Exchange Board of India (Sebi) vide letter dated September 15 on final observations and for filing Updated Red Hearing Prospectus (UDRHP), Canara Bank said in a regulatory filing. The offer comprises an o ...Read More >
Mumbai, Sep 15 (PTI) Sterling Gtake E-Mobility Ltd (SGEM) has partnered with Chinese firm Landworld Technology for the local manufacturing of the on-board chargers and DC/DC converters as well as power distribution units. SGEM, a subsidiary of the automotive components maker Sterling Tools, expects the collaboration to generate around Rs 450 crore in business by FY30, the company said. SGEM also said it will manufacture these units at its electric vehicle campus in Faridabad under a technology ...Read More >
Mumbai: The National Company Law Appellate Tribunal (NCLAT) has cleared the way for Talwandi Sabo Power Ltd's (TSPL) demerger from its parent company Vedanta Ltd, setting aside a lower court's order that put the proposed demerger on hold. The order comes after the counsel for Talwandi Sabo informed the NCLAT that it has reached a settlement with China's Sepco Electric Power Construction Corp. (Sepco) on 11 September. Sepco is one of the creditors of TSPL that objected to the demerger for allege ...Read More >
Vedanta has settled its long-standing dispute with Chinese firm Sepco Electric, clearing the way for its revenue-stream demerger, now expected by September-end. The settlement resolves all claims and withdraws pending arbitration over the Talwandi Sabo 3x660 MW thermal project. Vedanta has settled its dispute with Chinese firm Sepco Electric Power Construction Corp, effectively clearing the path for its proposed demerger along operational product lines. The revenue stream-wise demerger, initial ...Read More >
The fund will support purchase and operations of 1,455 e-buses, which will be deployed across Maharashtra, Assam, and Gujarat JBM Ecolife Mobility, a subsidiary of JBM Auto, on Thursday said it has secured a $100 million long-term capital investment from the International Finance Corporation (IFC) to support the purchase and operations of 1,455 electric buses. The buses will be deployed across cities in Maharashtra, Assam and Gujarat. Nishant Arya, Vice Chairman and Managing Director, JBM Auto ...Read More >
Indian markets saw gains on Friday. Britannia Industries is focusing on localized strategies. Hyundai aims for growth through domestic sales and exports. Alembic Pharma received US FDA EIR. Diamond Power secured a Rs 236 crore order from Adani Energy. GMR Airports reported a passenger traffic decline. RailTel received a Rs 209 crore order. Markets extended their winning streak on Friday, gaining nearly half a percent, in line with favorable global and domestic cues. In today's trade, shares of ...Read More >
Apollo Hospitals Enterprise Ltd will acquire International Finance Corporation's 31% stake in Apollo Health and Lifestyle Ltd for ₹1,254.07 crore, making AHLL a wholly-owned subsidiary. This move aims to consolidate ownership, improve operational efficiencies, and enable better integration with diagnostic services. Additionally, a comprehensive oncology facility will be established in Gurugram with an investment of ₹573 crore. Healthcare chain Apollo Hospitals Entreprise Ltd on Friday said i ...Read More >
The Reserve Bank of India (RBI) has acquired a 4.61-acre land parcel in Nariman Point from MMRCL for Rs 3,472 crore, marking a significant real estate deal. This strategic acquisition, near key government and corporate offices, will expand RBI's presence in Mumbai. MMRCL aims to monetize land parcels to support Mumbai's metro expansion. The Reserve Bank of India (RBI) has acquired a 4.61-acre land parcel at Nariman Point in South Mumbai from the Mumbai Metro Rail Corporation Ltd (MMRCL) for Rs ...Read More >
New Delhi, Sep 12 (PTI) Healthcare chain Apollo Hospitals Entreprise Ltd on Friday said it will acquire 31 per cent stake held by International Finance Corporation in its arm Apollo Health and Lifestyle Ltd for Rs 1,254.07 crore. The company's board at its meeting held on Friday, approved execution of definitive share purchase agreements for the acquisition of a little over 41.65 crore equity shares aggregating to a 30.58 per cent equity stake held jointly by the International Finance Corporati ...Read More >
New Delhi, Sep 12 (PTI) Home-grown FMCG products maker Marico has announced the acquisition of the remaining 46.02 per cent shares of HW Wellness Solutions, which owns the True Elements brand. This will be done for a consideration of "up to Rs 138 crore" towards the acquisition of the balance 46.02 per cent equity stake in HW Wellness, Marico said in a regulatory filing. The deal will make the Pune-based packaged foods company a fully-owned subsidiary of Marico, which earlier invested in HW We ...Read More >
Sept 12 (Reuters) - The U.S. subsidiary of India's Vadilal Industries (VDLI.NS), opens new tab will start manufacturing ice cream at its local facility by the year-end to reduce dependence on imports and boost sales, an executive of the unit said on Friday. Vadilal Industries USA currently imports a majority of its products from India. U.S. President Donald Trump last month imposed tariffs of up to 50% on Indian goods, sending exporters of everything from apparel to frozen shrimp into a frenzy ...Read More >
Ahmedabad (Gujarat) [India], September 5 (ANI): Sardar Vallabhbhai Patel International (SVPI) Airport, Ahmedabad, now boasts of a state-of-the-art Integrated Cargo Terminal (ICT). This modern terminal with over 20,000 sq m of operational area and enhanced capacity to handle cargo up to 200,000 MT annually represents a significant step up in scale and efficiency, replacing the existing set-up with a capacity of 50,000 MT/year. Also Read | Prateik Smita Patil and Priya Banerjee Claim They Have F ...Read More >
The analyst highlights Kaynes as a fast-growing electronics manufacturer with robust sales and earnings momentum, eyeing ₹7,500-₹7,800 as the next target. Kaynes Technology shares rose 7% on Monday, adding to its 60% rally in the last six months. SEBI-registered analyst Finkhoz is bullish on Kaynes as a fast-growing compounder in the electronics manufacturing space. Both fundamentals and technicals point towards strength, making it a stock worth keeping on your radar, they added. Technical ...Read More >
New Delhi, Sep 1 (PTI) Chip company Kaynes Semicon will allot 27,778 compulsorily convertible preference shares, offering up to 10 per cent share capital upon conversion, to US Technology International (UST) for collaboration in the semiconductor packaging business, according to an exchange filing. Kaynes Semicon, a wholly-owned subsidiary of Kaynes Technology India Ltd, is setting up an Outsourced Semiconductor Assembly and Test (OSAT) plant in Sanand, Gujarat. Kaynes Semicon Private Limited ...Read More >
New Delhi, Aug 29 (PTI) India's largest retailer Reliance Retail is confident of delivering a 20 per cent CAGR over the next three years and is looking to scale its FMCG business by over eightfold in the next five years to Rs 1 lakh crore, besides investing invest Rs 40,000 crore to create Asia's largest food parks. Reliance, which now eyes global expansion of FMCG business "will invest Rs 40,000 crore (USD 4.7 billion) to create Asia's largest integrated food parks with AI-driven automation, r ...Read More >
Sloan India's Latest Flushing Innovations - Transforming the Restrooms in India Sloan India's Latest Flushing Innovations - Transforming the Restrooms in India 2 min read Last Updated : Aug 28 2025 | 2:40 PM IST VMPL New Delhi [India], August 28: Sloan India, a subsidiary of Sloan Valve Company, USA, has launched two innovative flushing solutions: the industry's first flushometer with a 20mm inlet--the TruFlush Manual Dual-Flush Flushometer--and Sloan's first sensor-based dual-flush flushome ...Read More >
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