Max Ventures Investment Holdings reduces stake in Max Financial Services from 3.22% to 1.62%
Business

Max Ventures Investment Holdings reduces stake in Max Financial Services from 3.22% to 1.62%

Max Ventures Investment Holdings Private Ltd has sold 55 lakh equity shares in Max Financial Services Ltd (MFSL) in the open market, thereby reducing its

KRAFTON acquires controlling stake in Nautilus Mobile; invests ₹118 crore
Business

KRAFTON acquires controlling stake in Nautilus Mobile; invests ₹118 crore

South Korea-based KRAFTON has announced it has acquired a controlling stake in Nautilus Mobile, a Pune-based game development studio renowned for its popular Real Cricket

Tencent takes €1.2bn stake in spin-off from Assassin’s Creed-maker Ubisoft
Finances

Tencent takes €1.2bn stake in spin-off from Assassin’s Creed-maker Ubisoft

Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. Chinese technology giant Tencent is

Bain Capital Credit acquires 51.26% stake in Milacron’s injection molding business
Business

Bain Capital Credit acquires 51.26% stake in Milacron’s injection molding business

In a significant transaction under the Green Channel route of the Competition Commission of India (CCI), Bain Capital Credit, through its entities BCSS Iota (A),

Temasek’s Jongsong seeks CCI nod for ₹8000 crore Haldiram stake buy deal
Business

Temasek’s Jongsong seeks CCI nod for ₹8000 crore Haldiram stake buy deal

Singapore’s state-owned investment firm Temasek’s subsidiary Jongsong Investments Pte. Ltd (Jongsong) has sought the Competition Commission of India (CCI) nod for acquisition of about 10 per

Hero MotoCorp forays into electric three-wheeler by acquiring stake in Euler Motors
Business

Hero MotoCorp forays into electric three-wheeler by acquiring stake in Euler Motors

New Delhi The country’s largest two-wheeler manufacturer, Hero MotoCorp (HMCL), on Thursday said it was foraying into the electric three-wheeler market by acquiring a significant

PayU picks up 43% stake in payments solutions firm Mindgate at valuation of 0 mn
Business

PayU picks up 43% stake in payments solutions firm Mindgate at valuation of $200 mn

Digital payments major PayU has acquired a strategic stake in payments infrastructure company Mindgate Solutions. The company has acquired a 43.5 percent stake, while the

Ready to increase stake in IndusInd Bank after getting RBI approval, says Hinduja
Business

Ready to increase stake in IndusInd Bank after getting RBI approval, says Hinduja

IndusInd International Holdings Ltd (IIHL), the promoter of IndusInd Bank, is ready to increase stake in the bank to up to 26 per cent, once

Valor Estate’s subsidiary acquires 10.45% stake in Schreiber Dynamix through security enforcement 
Business

Valor Estate’s subsidiary acquires 10.45% stake in Schreiber Dynamix through security enforcement 

Valor Estate Limited (formerly D B Realty Limited) announced today that its wholly owned subsidiary, DB View Infracon Private Limited, has acquired a 10.45 per

Tata Sons strengthens hold on Tata Play with additional 10% stake acquisition, gets CCI nod
Business

Tata Sons strengthens hold on Tata Play with additional 10% stake acquisition, gets CCI nod

Tata Sons Private Ltd has received the green light from the Competition Commission of India (CCI) to acquire an additional 10 percent stake in Tata

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