subsidiary Archives

Swiggy will get Company Affairs Ministry nod to launch sports activities subsidiary

January 16, 2025realitypostLeave a Comment

Foodtech firm Swiggy has obtained approval from the Ministry of Company Affairs (MCA) to ascertain a wholly-owned subsidiary, Swiggy Sports activities. The brand new entity will concentrate on the sports activities and leisure actions phase, as talked about in a inventory change submitting. The transfer signifies Swiggy’s effort to broaden past meals and grocery supply, […]

Viacom18 turns into totally owned subsidiary of Reliance Industries

January 2, 2025January 2, 2025realitypostLeave a Comment

Viacom18 Media, a media and leisure agency, is now a direct subsidiary of Reliance Industries (RIL). The change comes after the conversion of over 24.61 crore compulsorily convertible desire shares (CCPS) into an equal variety of fairness shares. On December 30, Reliance Industries transformed 24,61,33,682 CCPS into an equal variety of fairness shares, following shareholder […]

Nazara subsidiary acquires majority stake in UK advertising and marketing company Area & Time

October 30, 2024October 30, 2024realitypostLeave a Comment

Datawrkz, a subsidiary of Nazara Applied sciences has acquired a 100% stake in Area & Time, an impartial progress advertising and marketing company with workplaces throughout the UK for roughly GBP 4.8 million (Rs. 52.3 crores) in money and inventory. This acquisition is a key transfer in advancing Datawrkz’s progress ambitions throughout Europe and North […]