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...
India’s Securities and Exchange Board of India (SEBI) has announced key regulatory relaxations for foreign portfolio investors (FPIs), alternative investment funds (AIFs), and registered...
The Securities and Exchange Board of India (SEBI) introduced the Cybersecurity and Cyber Resilience Framework (CSCRF) in March 2024, marking a significant shift in...
The Securities and Exchange Board of India (SEBI) has imposed a ₹7 lakh penalty on Motilal Oswal Financial Services Ltd for multiple violations of broker...
In a major move to regulate financial influencers (finfluencers), the Securities and Exchange Board of India (SEBI) has imposed restrictions on the use of...
The Securities and Exchange Board of India (SEBI) has proposed significant measures aimed at easing the burden of ESG disclosures for listed companies and...
