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1-10 results from 1000 for query «acquisition»

20 November, 2017 8:51 AM Evaluating acquisition opportunities in western & southern markets: S Chand

“We are looking at couple of opportunities in the western and southern markets. Till now the opportunities are being evaluated by the company," Himanshu Gupta, MD of S Chand and Company said. S Chand and Company has posted a weak quarter with a near 40 percent drop in their topline. The loss on the EBITDA level has widened to near Rs 20 crores 24

16 November, 2017 4:01 PM Ashok Leyland inks pact to acquire more stake in HLFL

Commercial vehicle maker Ashok Leyland today said it has inked a pact with Everfin Holdings to buy an additional 5 percent stake in Hinduja Leyland Finance Limited (HLFL) for Rs 225.42 crore. The company has entered into a share purchase and shareholder agreement with Everfin Holdings, shareholder of HLFL, for the acquisition of 2,04,92,676 shares of Rs 10 each constituting 33

15 November, 2017 10:40 AM Expect due diligence report for GMR's Chhattisgarh Unit by this month-end: NLC India

Power purchase agreement (PPA) from Tamil Nadu is key to GMR’s Chhattisgarh unit acquisition, SK Acharya, Chairman of NLC India told CNBC-TV18. NLC India has posted a mixed quarter. Standalone margins improve even as revenues decline in Q2. In an interview with CNBC-TV18, SK Acharya, Chairman of the company said the power generation EBIT on a quarterly 29

14 November, 2017 5:06 PM Larsen & Toubro Infotech to acquire Syncordis SA

Larsen & Toubro Infotech (LTI) on Tuesday said it will acquire Luxembourg-based Syncordis SA along with its subsidiaries in France, UK, Luxembourg and India for 15 million euros (about Rs 115.28 crore). The transaction, which is expected to close within 6-8 weeks, will help LTI expand its core banking implementation capability. "The enterprise value 38

12 November, 2017 7:34 PM Unused gifted land can be reclaimed by donor, says HC

Permits re-conveyance when not used for intended purpose The Madras High Court has ruled that private lands gifted to the government for specific purposes such as establishing schools and hospitals could be reclaimed either by the donors themselves or their legal heirs if the properties had not been used for the intended purpose for long. Pronouncing 33

9 November, 2017 2:22 PM TV Today Network Q2 net profit up 31%

TV Today Network reported a 31.15 percent increase in its standalone net profit at Rs 29.64 crore for the September quarter of the current fiscal. The company had posted a net profit of Rs 22.60 crore during the same period of the previous fiscal, TV Today Network said in a regulatory filing. Meanwhile, the board of the company has approved the appointment 44

9 November, 2017 12:27 PM Avendus Capital acquires Zodius, to launch $250 mn for a growth capital fund

Mumbai-based Avendus Capital Ltd has acquired the Zodius platform, an early growth private equity investor in digital companies. It will be built on the existing Zodius track record and invest in new economy ventures. The new fund will be led by Shilpa Kulkarni, a partner in the previous Zodius funds and invest in digital, technology and consumer companies 31

7 November, 2017 10:19 AM ED summons Aditya Chopra, two others in music royalty scam

The bigwigs are likely to appear before the agency in a couple of days with relevant documents. Mumbai: The Enforcement Directorate (ED) has summoned chairman of Yash Raj Films (YRF) Aditya Chopra; vice-president of Sony Music India Shridhar Subramanium and MD-CEO of Universal Music Devraj Sanyal, for recording their statements in connection with the alleged 45

3 November, 2017 5:39 PM India, US Officials Vow To Boost Cooperation In Aircraft Carrier Technology

New Delhi: Top officials from India and the US today deliberated extensively to boost cooperation under various aspects of aircraft carrier technology. The issue was discussed during the concluding session of the 4th meeting of the Joint Working Group on Aircraft Carrier Technology Cooperation (JWGACTC) in New Delhi, the defence ministry said. The JWGACTC 41

1 November, 2017 4:52 PM ‘Aim to complete HPCL acquisition by end of FY18’

Exploring funding options, says ONGC; net profit rises 3.1% ONGC CMD Shashi Shanker on Wednesday said the company was looking to complete the acquisition of HPCL by the end of financial year 2017-18. The company announced 3.1% rise in the second quarter profit to ₹5,131 crore compared with a year earlier. Profit for the first half of the financial year stood 41