'Raymond brand' to remain with new demerged lifestyle firm
Textile player Raymond on Monday said ownership of Raymond brand will remain with the demerged new lifestyle company. The company had earlier announced hiving off the consumer and lifestyle businesses into a separate entity.
ABB India gets NCLT nod for demerger of power grid business to APPSIL
"The Bengaluru Bench of the National Company Law Tribunal (NCLT) vide i...
Raymond to demerge core lifestyle business
Raymond Thursday announced the demerger of its core lifestyle business which will create two separ...
Raymond demerger may help unlock value, lift valuation multiples
The demerger also suggests that the relatively new business of real estate is doing sufficiently well to sustain itself.
Raymond royalty: We will take the best call in shareholders' interest, says Gautam Singhania
A billion dollar valuation of the lifestyle business will get a new set of investors.
Raymond surges 20% on plans to demerge core lifestyle business
The move will create two separate companies — a new and existing business.
CESC drops plans to separate distribution and generation biz
In the filing, CESC said that in continuation of its intimation dated 12 October 2018, informing shareholders that the scheme was made effective from 1 October 2017, except demerger of the generation undertaking of the company into Haldia Energy Ltd, a wholly-owned CESC subsidiary.
Shobana Kamineni clarifies on Apollo Pharmacy demerger reports
We have also been testing our Omnichannel in the market according to GOI guidelines.
Max India shareholders approve merger of assets into Max Healthcare
According to Max India, 99.21% of the public shareholders voted in favour of the proposed scheme. Subsequently, the second motion petition is likely to be filed with NCLT soon. Max Healthcare and Advaita (to be renamed as Max India) are both expected to be listed on the Indian stock exchanges by March end, 2020.
Voda Idea says fiber infrastructure business demerged to Vodafone Towers
The Kumar Mangalam Birla led telco is the third among the trio of private operators –Reliance Jio, Bharti Airtel to have taken the decision to create a separate fibre unit which can attract investments or be sold, to ease off the debt burden.
Jubilant Life Q2 profit up 19% to Rs 249 cr; firm to demerge Life Science Ingredients biz
Total revenue from operations stood at Rs 2,265.93 crore for the quarter under consideration.
Infibeam Avenues to demerge SME e-commerce service, marketplace business
Through the demerger, Infibeam will continue to focus on digital payments and e-commerce enterprise platform solutions.
IIFL Securities shares rise 5 per cent on debut
The scrip opened the day at Rs 41.65 on the BSE.
Buffett's firm to largest DII, all hooked to India’s grey market: Here’s what’s buzzing
Here are some of the names that have kept the grey market abuzz over past few weeks.
‘Demerger of consumer arm to be positive for Tata Chem’
TCL’s Consumer Products segment will be demerged into Tata Global Beverages (TGBL).
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