In December 2022, the Competition Commission of India (CCI) received a notice jointly given by Platinum Trust, acting through Platinum Trustee, and TPG Upswing in relation to the combination. The regulator noted that the UPL SAS acquisition has been consummated on or before February 17 2023, as the notifying parties (ADIA and TPG) gave the notice under the facility of green channel approval.
Tata Motors delivers prototype of indigenous e-bus to Bengaluru transport corporation
As part of the larger order signed between TML Smart City Mobility Solutions Ltd -- a wholly-owed subsidiary of Tata Motors -- and BMTC, the company will supply, operate and maintain 921 units of 12-metre low-floor electric buses for 12 years, the statement said.
Reliance Strategic Investments, part of Indian conglomerate Reliance Industries, will be demerged on July 20 and renamed Jio Financial Services (JFS). Estimates by five analysts suggest that the valuation of the financial services could be between INR160 ($1.95) and INR190 ($2.32) per share. .
Bank of Baroda plans to divest up to 49 pc in credit card arm
BOB intends to offload up to 49 per cent in a combination of primary and secondary capital from one or multiple investors to create more value in BOB Financial Solutions and take it to the next level of growth, the official said.
Binance's European banking partner to withdraw support: report
The crypto exchange will be changing the provider for euro deposits and withdrawals through the Single Euro Payments Area (SEPA), while the current partner - Paysafe - will no longer be providing these services to Binance users, the report said.