Stay updated with breaking news from Indiamart group. Get real-time updates on events, politics, business, and more. Visit us for reliable news and exclusive interviews.
Indiamart Intermesh arm acquires 26.23% stake in Agillos e-com for Rs 26 crore indiatimes.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from indiatimes.com Daily Mail and Mail on Sunday newspapers.
Indiamart Intermesh has indirectly, through its wholly owned subsidiary, Tradezeal Online Private, agreed to acquire 26% of the share capital of Shipway Technology on fully converted and diluted basis. The company, through its wholly owned subsidiary, has agreed to acquire 100 equity shares and 4,088 Convertible Preference Shares (CCPS). Shipway Technology is engaged in the business of developing SaaS based solutions which allow small businesses to automate their shipping operations. Indiamart Intermesh has also agreed to acquire 3.02% of the share capital of Truckhall on fully diluted basis in addition to 22% of the share capital (on fully diluted basis) already held by the company.
Nifty to tumble over 180 points on fresh lockdown announcements April 19, 2021 × Though Covid-19-related situation is worrisome, IMD and Skymet predicting normal monsoon for the country augurs well for the market Indian markets are expected to open sharply lower on Monday, as fresh lockdowns have been announced by various governments following spread of the Covid-19 pandemic. The SGX Nifty, which currently rules at 14,463 at the Singapore Stock Exchange, indicates at least a 180 points gap-down opening for Nifty futures, which on Friday closed at 14,645. Analysts fear the recovery in the Indian economy could falter on fresh lockdowns announced by various State governments. States such as Maharashtra, Gujarat, Tamil Nadu and Delhi have announced fresh lockdowns and night curfews recently.
Indiamart arm to acquire 22% in Truckhall Pvt Ltd equitybulls.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from equitybulls.com Daily Mail and Mail on Sunday newspapers.