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The acquistion will help Tritax expand its urban and small-box logistics offerings in the UK’s South East and the Midlands. Mumbai: The US-based Blackstone Group has acquired a majority stake in Mumbai-based Ace Insurance Brokers for about $400 million, valuing the company at $425-450 million. The deal is the largest foreign investment in India’s insurance…

Docon Technologies, one of the promoters of Thyrocare, on Friday divested a 10% stake in the medical diagnostics chain for Rs 667 crore through an open market transaction. After the stake sale, Docon Technologies’ holding in Thyrocare has declined to 61%. Source link

sebi identify iex insider trading Mumbai: Sebi has banned 13 entities from the market for between one and three years, and also put a combined monetary penalty of nearly Rs 1.1 crore for front running trades of three large entities. In Dec 2024, six entities, related to these 13 had settled their case with Sebi…

Electric vehicle adoption in India is accelerating, with sales nearly doubling in the first half of FY26 compared to the previous year. EVs now represent around 5% of total passenger vehicle sales, up from 2.6%. Major players like JSW MG Motor and Tata Motors are leading this surge, with luxury brands also reporting significant growth…

Sanjay Sharma, MD, Orkla India MUMBAI: Orkla India, maker of popular dosa batter and ready to eat meals brand MTR Foods, is heading for a public market debut 17 years after the company entered the country, a move it said will establish value for the business and allow it to step up acquisitions in a…