Uravi Defence Acquires Stake in UK’s Spafax to Boost Global Reach
Uravi Defence & Technology, one of the leading manufacturer and supplier of incandescent and wedge-based automotive lamps, is pleased to announce the company has plan to acquire 100 per cent equity stake in SPAFAX International, a reputed UK based company through its holding company known for its high-performance Automotive Defence solutions. The proposed investment has been executed through Bharat Technology, a wholly owned subsidiary of Uravi Defence & Technology. Looking ahead, Uravi intends to gradually increase its ownership in SPAFAX through a phased acquisition strategy. The pla..
KEC International Secures Rs 12.36 Bn Orders in Civil Business
KEC International, a global infrastructure EPC major, an RPG Group Company, has secured new orders of Rs 12.36 billion for Civil projects in India:High-rise Residential projects in Western India from renowned real estate developers, involving the development of over 50 lacs square feet of residential buildings along with associated facilitiesVimal Kejriwal, MD & CEO, KEC International commented, “We are delighted with the premium orders secured in our Civil business, including our largest order in the Buildings & Factories (B&F) segment. This marks a key milestone in our strategi..
BLS E-Services Unit to Acquire SBI and HDFC Bank CSPs
BLS E-Services, a leading provider of e-governance services, business correspondence solutions and e-assisted services across India, through it’s subsidiary, Zero Mass (“ZERO Mass”), has entered into definitive agreement to acquire Customer Service Points (CSPs) of State Bank of India (SBI) and HDFC Bank under the Business Correspondence (BC) business of Sub-K Impact Solutions (“Sub-K”) on a slump sale basis for a total consideration of approx. Rs 60.5 million. The consummation of the transaction is subject to approvals from the respective Banks and other regulatory/ statutory author..
Latest Updates
