STARTUP/TECHNOLOGY
L&T Transfers Data Centre, Cloud Business To Vyoma.AI For ₹1,400 Cr
Larsen & Toubro Ltd has executed a Business Transfer Agreement with its wholly owned subsidiary Vyoma.AI Ltd for transferring its Data Centre and Cloud Services Business on a going-concern basis. The business will be transferred through a slump sale for an aggregate consideration of ₹1,400 crore, subject to closing adjustments. Vyoma will issue fully paid-up […]
CW Bureau
·
Aug 11, 2026
STARTUP/TECHNOLOGY
Adani Defence To Buy 44.6% Stake In Flight Simulation Firm For ₹820 Cr
Adani Defence Systems & Technologies Ltd (ADSTL), a wholly owned subsidiary of Adani Enterprises Ltd, has signed a Share Purchase Agreement to acquire the remaining 44.6% stake in Flight Simulation Solutions Pvt Ltd (FSSPL) at an enterprise value of ₹820 crore. The acquisition will increase ADSTL’s holding in FSSPL from 55.40% to 100%, making the […]
CW Bureau
·
Jul 17, 2026
GENERAL
United Spirits Revises RCB Stake Sale Agreement After Investor Rejig
United Spirits Ltd has amended its share purchase agreement relating to the proposed stake sale in Royal Challengers Sports Pvt Ltd (RCSPL), the owner of the Royal Challengers Bengaluru franchise, following a reorganisation of investor entities within the buying consortium. The company said an amended and restated share purchase agreement (A&R SPA) was executed on […]
CW Bureau
·
May 12, 2026
