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 Government e-Marketplace (GeM) has emerged as a transformative force in India’s public procurement landscape, fostering transparency, inclusivity, and efficiency. Since its launch in...
India is preparing a $1 billion capital subsidy to accelerate its solar manufacturing industry, focusing on reducing reliance on Chinese imports and positioning itself...
The number of startups in India is expected to surge nearly tenfold over the next decade, reaching 1 million, driven by extensive government support,...
The Union Budget 2025 has unveiled a ₹20 lakh crore credit allocation aimed at bolstering India's Micro, Small, and Medium Enterprises (MSMEs) sector. This...