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demerger

ChrysCap-backed Corona Remedies buys Sanofi's muscle relaxant brand

Healthcare

28 June, 2023

ChrysCap-backed Corona Remedies buys Sanofi's muscle relaxant brand

Ahmedabad-based Corona Remedies, which counts private equity firm ChrysCapital as an investor, has bought drugmaker Sanofi Healthcare India's muscle relaxant ......

M&M may demerge auto business into 3 units – report

Manufacturing

06 May, 2022

M&M may demerge auto business into 3 units – report

In a major restructuring move, auto-to-tech conglomerate Mahindra & Mahindra is likely to separate its automotive business into 3 parts, ......

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Edelweiss Wealth Management MD on the latest fund and plans to go public

Finance

10 March, 2021

Edelweiss Wealth Management MD on the latest fund and plans to go public

Edelweiss Wealth Management , an arm of Mumbai based Edelweiss Financial Services, plans to go public in the next 12-15 ......

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IIFL founder Nirmal Jain on why the group split into three and more

Finance

27 January, 2020

IIFL founder Nirmal Jain on why the group split into three and more

Six months ago, Fairfax-backed IIFL group split into three listed entities -- finance, wealth and securities – as part of ......

Srei Infra to list equipment finance unit via de-merger scheme

Infrastructure

21 January, 2019

Srei Infra to list equipment finance unit via de-merger scheme

Srei Infrastructure Finance Ltd on Monday announced a scheme of amalgamation that will help list its equipment finance business on ......

Fairfax-backed IIFL Holdings to split into three listed firms

Finance

01 February, 2018

Fairfax-backed IIFL Holdings to split into three listed firms

IIFL Holdings Ltd is heading for a three-way split to create two new entities, IIFL Wealth and IIFL Securities, and ......

PremjiInvest-backed Aditya Birla Capital slips 5% on trading debut

Finance

01 September, 2017

PremjiInvest-backed Aditya Birla Capital slips 5% on trading debut

Aditya Birla Capital Ltd made a weak debut on stock exchanges on Friday with its shares falling 5% from the ......

Rakesh Jhunjhunwala picks 12.7% stake in 'Being Human' brand licensee

Consumer

16 December, 2016

Rakesh Jhunjhunwala picks 12.7% stake in 'Being Human' brand licensee

Ace investor Rakesh Jhunjhunwala acquired a 12.74% stake in Mumbai-based apparel manufacturing firm Mandhana Retail Ventures Ltd (MVRL) on Wednesday, ......

Orient Paper to demerge consumer electric business

Manufacturing

17 October, 2016

Orient Paper to demerge consumer electric business

Orient Paper & Industries Ltd said on Monday it has decided to demerge its consumer electric business to accelerate growth ......

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Diagnostics biz can easily sustain 16-18% annual growth in long term: SRL CEO

Healthcare Services

06 October, 2016

Diagnostics biz can easily sustain 16-18% annual growth in long term: SRL CEO

In August, Fortis Healthcare said its board has approved a restructuring plan that would see its diagnostics business being spun ......