Godrej Aerospace Inks Pact with Pratt & Whitney
Godrej Enterprises Group’s aerospace division has entered into a strategic agreement with global aircraft engine manufacturer Pratt & Whitney for the production of aerospace components. The deal marks a significant expansion of Godrej’s capabilities in the aircraft engine segment, both technologically and in production scale.The partnership underlines Godrej’s commitment to enhancing India’s aerospace manufacturing ecosystem and aligns with its broader vision of becoming a key global supplier to aircraft engine Original Equipment Manufacturers (OEMs).Pratt & Whitney, a part of ..
Beta Group Acquires 10% Stake in Anta Builders
Beta Group, a diversified transnational conglomerate engaged in commodity trading and food products, has announced its foray into India’s real estate and infrastructure sector through a strategic investment in Kerala-based Anta Builders.As part of the agreement, Beta Group will acquire a 10 per cent equity stake in Anta Builders, based on a company valuation of Rs 5.50 billion. The move marks a significant step for both organisations toward enhancing their presence in India’s rapidly evolving urban development landscape.The MoU and shareholding agreement were formalised in Thiruvananthapur..
Aurum PropTech Acquires PropTiger from REA India for Rs 860.45 Mn
Aurum PropTech has acquired 100 per cent equity in home brokerage platform PropTiger Marketing Services India from REA India in an all-stock deal valued at Rs 860.45 million. The acquisition is part of Aurum’s broader strategy to strengthen its footprint across the real estate technology ecosystem.In a regulatory filing dated July 23, Aurum announced that its Board had approved the preferential allotment of 42,42,537 equity shares (face value Rs 5) to REA India Pte, Singapore, in consideration for the acquisition.As part of the agreement, REA India will receive a 5.5 per cent equity stake in..
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