Wipro has struck a $71 million acquisition deal to take over key client contracts and related employees from Alpha Net Group. Beyond the upfront value, the transaction includes deferred earnout-linked payments tied to meeting performance conditions. The company expects to complete the deal by June 30, 2026.
Indian Hotels Company (IHCL), the Tata Group firm, has completed its purchase of a 51% stake in Brij Hospitality for about Rs 222 crore. Through IHCL and its step-down subsidiaries, the transaction includes buying shares from existing shareholders and making a primary investment, bringing Brij Hospitality under IHCL as a subsidiary and strengthening its growth plan.
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Halder Venture has made its NSE debut through a direct listing, following corporate restructuring and an acquisition. The move boosts the company’s visibility in capital markets and is expected to support faster growth while enabling a broader push into global expansion. Investors will now watch how the listing strategy translates into momentum for the company’s next phase.
Allcargo Global Limited has appointed Vaishnav Shetty as Deputy Managing Director and inducted him as a member of its Board of Directors. The development signals a leadership reshuffle within the company as it looks to strengthen decision-making and execution. The appointment comes as the firm continues navigating its business priorities and growth plans.
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