As both companies are wholly-owned subsidiaries, the merger will not involve any cash consideration or issuance of new shares.
Amlgo Labs specializes in cloud engineering, data analytics, artificial intelligence, and machine learning, aiding companies in data-driven decision-making processes.
Mumbai-based Stallion India Fluorochemicals, a supplier of refrigerant gases, is set to enter the public markets through an Initial Public Offering (IPO). This strategic move aims to raise funds for expansion plans and solidify their market position in the growing refrigerant gases sector.
The company offers telecom services like mobile, fixed-line, and broadband under the Airtel brand in Rajasthan and North East India
Since the Bank of Japan's rate hike last week, the yen has weakened over 1%, reflecting the significant interest rate differentials between Japan and other major economies, particularly the United States.
Petrol and Diesel prices in cities across India on 26-03-2024
Trading restrictions are in place during the ban period. Derivative contracts for these securities can only be traded to reduce existing positions.
The partnership encompasses various areas of cooperation, including the capacity building of Egyptian engineers and technicians in cutting-edge telecom and networking technologies.
According to the company's filing with the exchanges, it finalized the allocation of 18,59,900 equity shares to anchor investors at a price of ₹210 per equity share.
Stocks in Asia were mixed as US shares reversed a run that had sent the S&P 500 Index to several records, raising concerns that the market had gone too far, too quickly.
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