Mahindra & Mahindra Ltd (M&M) has announced that it will acquire a 58.96% stake in SML Isuzu Ltd (SML) for ₹555 crore at ₹650 per share, as part of a strategic move to significantly strengthen its presence in the >3.5 tonne commercial vehicles (CV) segment. The agreement includes the launch of a mandatory open offer in accordance with SEBI Takeover Regulations.
This acquisition marks a...
F-Secure, a global leader in cybersecurity solutions, has announced a new partnership with Orange, one of the world’s major telecommunications providers. Building on an earlier announcement made on April 1st, the collaboration will see Orange offering F-Secure’s Total solution to millions of its customers across Europe.
The partnership combines F-Secure’s advanced threat protection technologies with Orange Cyberdefense’s managed services expertise to provide a comprehensive digital...
The Reserve Bank of India (RBI) has partially rolled back stricter lending rules for small borrowers and non-bank lenders, following recent policy adjustments aimed...
India’s newly proposed Income Tax Bill, 2025, grants sweeping powers to tax authorities, allowing them to access taxpayers’ emails, trading and social media accounts,...
Jindal Stainless Ltd. (JSL) Managing Director Abhyuday Jindal has urged the Indian government to impose a 20-25% import duty on stainless steel to prevent...