MANUFACTURING
Tata Steel Infuses ₹1,340 Cr Into Singapore Arm T Steel Holdings
Tata Steel Ltd has infused $140 million (₹1,340 crore) into its wholly owned foreign subsidiary T Steel Holdings Pte. Ltd. (TSHP), as part of its ongoing strategy to support and strengthen its international operations. The company acquired 162,03,70,371 equity shares of TSHP, each with a face value of $0.0864, for an aggregate consideration of $140 […]
CW Bureau
·
Aug 27, 2026
RETAIL/FMCG
Kothari Industrial Set To Invest More In JV After Karur Footwear Expansion
Kothari Industrial Corporation Ltd (KICL) is considering a further capital infusion into its associate, Phoenix Kothari Footwear Pvt Ltd, to support the company’s long-term growth and expansion plans across India, particularly in Tamil Nadu. The proposal, discussed at the board meetings of Phoenix Kothari Footwear and its subsidiaries JR One and Evervan Kothari, will be […]
CW Bureau
·
Jul 31, 2026
STARTUP/TECHNOLOGY
Meesho Pumps ₹100 Cr Into FinTech Subsidiary To Bolster Payments Flow
Meesho Ltd, a leading e-commerce marketplace, is infusing ₹100 crore into its subsidiary, Meesho Payments Pvt Ltd (MPPL), through a rights issue or further capital issuance in one or more tranches. The board of directors has approved the fund infusion, underlining the company’s continued focus on strengthening its fintech capabilities alongside its core commerce operations. […]
CW Bureau
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May 6, 2026
BANKING & FINANCE
MUFG Bank Acquires 20% Stake In Shriram Finance For ₹39,618 Cr
MUFG Bank Ltd, a consolidated subsidiary of Mitsubishi UFJ Financial Group Inc (MUFG), has made a strategic investment of ₹39,618 crore towards acquiring 20% equity stake in Shriram Finance Ltd (SFL), thus marking one of the largest cross-border investments in India’s financial services sector. Strategic investment completed MUFG Bank acquired 47.11 crore equity shares of […]
CW Bureau
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Apr 8, 2026
BANKING & FINANCE
Emirates NBD Gets Reserve Bank Nod To Acquire Up To 74% In RBL Bank
Emirates NBD Bank PJSC has received approval from Reserve Bank of India to acquire up to 74% of the paid-up share capital in RBL Bank, marking a significant cross-border investment in India’s banking sector. As per the regulator’s communication, ENBD will be required to maintain a minimum 51% shareholding, while its voting rights will be […]
CW Bureau
·
Apr 3, 2026
