CCI Clears Dalmia’s Full Acquisition of Jaiprakash Associates
The Competition Commission of India (CCI) has approved Dalmia Cement (Bharat) Limited’s 100% acquisition of Jaiprakash Associates Limited (JAL) under the Insolvency and Bankruptcy Code (IBC), 2016.Dalmia Cement is a wholly owned subsidiary of Dalmia Bharat Limited and a key player in the cement manufacturing sector. The acquisition supports the group’s consolidation strategy in the sector.JAL, currently under a corporate insolvency resolution process, has diversified business interests in real estate, cement, hospitality, and EPC. The acquisition marks a strategic step for Dalmia in enhanc..
Tata AutoComp Expands in Europe with Slovakia Acquisition
Tata AutoComp Systems has entered into a conditional agreement to acquire 100% of IAC Group Slovakia through its UK-based subsidiary, Artifex Interior Systems Limited. The financial terms were not disclosed.The acquisition is part of Tata AutoComp’s broader strategy to strengthen its European presence and deepen ties with global OEMs. It follows the earlier acquisition of Artifex and aligns with the company’s plan to be a leading supplier in the UK and EU markets.Pending regulatory approvals, the acquisition will boost Tata AutoComp’s capabilities in the automotive interiors space, posit..
IndiGo Starts Work on Bengaluru MRO, to Create 1,000+ Jobs
IndiGo has initiated construction of its major Maintenance, Repair, and Overhaul (MRO) facility at Kempegowda International Airport (KIA) in Bengaluru. The airline expects the facility to be operational by early 2028.The new MRO will span 31 acres, significantly larger than IndiGo’s existing MROs in Delhi and Bengaluru. With 12 aircraft bays and capabilities to service both narrow- and wide-body aircraft, this MRO aims to support IndiGo’s goal of becoming a global aviation leader by 2030.IndiGo signed the land allotment MoU with Bangalore International Airport Ltd. (BIAL) in May 2025. The ..
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