[ad_1] The UK government confirmed today that it will take a joint stake in the Sizewell C nuclear power station, allowing China General Nuclear to “exit from the project”, which it said was “prostituted to generate reliable electricity and clean for 6 million UK homes.” The United Kingdom will spend £700 million ($843 million) on … Read more
[ad_1] Lubes maker Castrol India Limited (CIL) on Friday said it will acquire 7.09 percent stake in TVS Automobile Solutions’ digital subsidiary Ki Mobility Solutions with a planned investment of Rs 487.5 crore in an all-cash deal. With this strategic investment, CIL aims to expand its presence in the service and maintenance of both internal … Read more
[ad_1] Castrol said the proposed acquisition will take place in two phases and will be completed by January 2023. Motor oil producer Castrol India Ltd announced on Friday that it will acquire 7.09 percent stake in TVS Group’s. what Movement in two episodes. The first tranche will see Castrol subscribe for 4.8 per cent share … Read more
[ad_1] Lightrock India, an impact investing platform, said it has invested $15 million and acquired a significant stake in Sukun Healthcare, a Gurgaon-based psychiatric unit. Founded in February 2020, Sukun employs a multi-disciplinary team of psychiatrists, clinical psychologists, counselors and vocational therapists to provide personalized and holistic care to each patient, it said in a … Read more
[ad_1] Leading two-wheeler manufacturer TVS Motor Company on August 24 announced the acquisition of 48 percent of Narain Karthikeyan’s startup DriveX ₹85.4 million. Karthikeyan’s firm Nkars Mobility Millennial Solutions Private Limited (NMMSPL) operates a digital platform ‘DriveX’ that offers two-wheelers to customers on a variable term subscription and purchase model, along with some ancillary services. … Read more