UPL will spin off its crop protection business into a separate listed entity

UPL Ltd approved a group reorganization that will bring its Indian and international crop protection businesses into a separate listed entity, creating what it says is the second largest listed pure-play crop protection platform in the world.The board has approved a composite agreement aimed at unlocking shareholder value and simplifying the group structure. Once completed, […]

In anticipation of IPO, Ganesh Consumer Products RS 122 CR picks up from anchor investors

Ganesh Consumer Products LTD, an important player in packaged food products in East India, said on Friday that it collected more than RS 122 Crore from Anker investors, prior to the first opening of the Sharing Sales for Public Subscription. Some of the settings that participated in the Anker round included Subhkam Ventures, Bengal Finance […]

Reits, invite AUM crosses RS 9 Lakh CR in 9 years; can touch RS 25 Lakh CR by 2030: Industrial bodies

Investment instruments for real estate Investment Trusts (REITs) and Infrastructure Investment Trusts are becoming popular in India, because their combined assets in control have crossed RS 9 Lakh -Crore over the past nine years, according to industrial authorities IRA and BIA. The combined AUM from Reit’s and Invites is expected to hit RS 25 Lakh […]