demerger

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 ......

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, ......

Premium

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 ......

Premium

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 ......

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 ......

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 ......

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 ......

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, ......

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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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 ......