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9 January, 2019 4:54 AM DGCA Approves Aeronautics & Aircraft Maintenance Engineering Course In Jamia

The Directorate General of Civil Aviation (DGCA) has granted approval to Pawan Hans Limited to run a course in Aeronautics and Aircraft Maintenance engineering at the Jamia Millia Islamia, the varsity said Tuesday. The DGCA granted CAR-147(Basic) approval under B1.3(Helicopter-Turbine) and B2 (Avionics) category to Pawan Hans Limited to run the B.Sc Aeronautics 153

8 January, 2019 4:17 AM Bandhan Bank, Gruh Finance fall 4-10% post merger deal

Shares of Bandhan Bank fell about 4 percent in morning trade on January 8, a day after its board approved a proposal to acquire housing finance firm Gruh Finance through a share swap deal. Gruh Finance was down by over 10 percent. Gruh Finance, promoted by the country's largest mortgage firm HDFC Ltd, is into the financing of affordable housing segment 133

7 January, 2019 9:53 AM Zolo raises $30 million from IDFC Alternatives, Mirae Asset and Nexus Venture Partners

It had raised $5 million in Series A funding from Nexus Ventures Partners in December 2016. Co-living startup Zolo on January 7 said it has raised $30 million in a Series B round of funding led by IDFC Alternatives, Mirae Asset and Nexus Venture Partners. It had raised $5 million in Series AÂ funding from Nexus Ventures Partners in December 2016. Zolo will utilise 130

4 January, 2019 12:41 PM Nasdaq-listed Ebix acquires remittance company Weizmann Forex

Weizmann Forex is the second largest inward remittance provider besides being one of the four largest Foreign exchange & outward remittance providers in India. On November 18, Moneycontrol had reported that Ebix is close to finalising a deal to acquire Weizmann Forex. Ebix will be funding the entire transaction in cash, using its existing bank line and internal 100

28 December, 2018 9:32 AM Peninsula Land surges 12% on acquisition of 3 real estate firms

Peninsula Land entered into a Securities Purchase Agreement to acquire 86 percent of the equity shares of Rockfirst Real Estate Limited thereby making it a wholly-owned subsidiary. Peninsula Land shares rallied 12 percent intraday Friday after the company signed agreement to acquire three firms which cater to real estate and construction segment 81

28 December, 2018 7:22 AM Kansai Nerolac Paints gains 1% on acquisition of construction chemical company

The acquisition is subject to adjustments for borrowings, working capital and fixed assets as at the closing date. Kansai Nerolac Paints shares gained a percent intraday Friday after the acquisition of construction chemical company. "...has entered into a Share Purchase Agreement (SPA) to acquire 100 percent equity stake in Perma Construction Aids Pvt Ltd for a total 104

17 December, 2018 4:15 PM Infibeam partners Suvidhaa Infoserve

BSE-listed Infibeam Avenues on Monday said it has forged an alliance with Suvidhaa Infoserve for last-mile delivery of financial products and services. Both companies are planning to develop an omni-channel marketplace, whereby Infibeam.com will be connected to Suvidhaa's vast network of 91,000 outlets under 4,500 pin codes, a statement said. Suvidhaa 135

15 December, 2018 5:47 AM Volatile market ends 1% higher, but 8 stocks gave 8-29% return last week

The volatile market ended on positive note with Sensex and Nifty posted 1 percent gain for the week ended December 14, 2018. The S&P BSE Largecap index rallied 1.32 percent, while S&P BSE Midcap and S&P BSE Smallcap Index rose 3.23 percent and 2.82 percent, respectively. The Sensex rose 0.81 percent this week, or 289.68 points, to ending at 35962.93, while 477

12 December, 2018 3:50 AM Zydus Wellness gains 2% on CCI nod to acquire Heinz India

Shares of Zydus Wellness gained 2.3 percent in the early trade on Wednesday after company received CCI approval for acquisition of businesses of Heinz. The Competition Commission of India (CCI) has granted approval for the company's acquisition of Heinz India jointly with Cadila Healthcare. The definitive agreement in relation to this acquisition was signed 97

6 December, 2018 8:42 AM Sonata Software to acquire Australia's Scalable Data Systems

IT services firm Sonata Software on Thursday said it has signed a definitive agreement to acquire Australia's Scalable Data Systems for an enterprise value of up to Australian Dollar 5.5 million (approx Rs 28 crore) subject to adjustment on account of working capital and debt. "The company, has entered into a definitive agreement...with Scalable Data Systems 73