Mon, Jun 26, 2023
Manufacturing unicorn Infra.Market will acquire around 92 per cent stake in geosynthetics company Strata Geosystems India from US-based Glen Raven Technical Fabrics LLC at an enterprise value of Rs 910 crore, a senior company official said on Monday.
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Fri, Sep 30, 2016
RBL Bank MD & CEO Vishwavir Ahuja said, “This is a strategic partnership rather than the mere acquisition of a minority stake in Utkarsh. It will help us extend our distribution footprint and strengthen our financial inclusion initiatives across the rural hinterland. We will strive to explore joint business opportunities that are beneficial to Utkarsh, RBL Bank and to our customers.”
Kotak Mahindra Bank on Friday acquired 99.49% stakes in a microfinance company BSS Microfinance in an all cash deal totaling an aggregate amount of Rs 139.2 crore.
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