Business Standard

TVS Holdings Ltd News

Pilani, Nalwa Sons, Tata Investment rally up to 17% in subdued market

Stock exchanges will conduct a special call auction for select investment holding companies on October 28 following the new framework introduced by the Sebi for price discovery.

Pilani, Nalwa Sons, Tata Investment rally up to 17% in subdued market
Updated On : 21 Oct 2024 | 11:46 AM IST

Mitsubishi Corp gets CCI's approval to acquire stakes in two TVS group cos

The Competition Commission of India (CCI) on Tuesday said it has cleared Mitsubishi Corporation's proposed acquisition of stakes in TVS Certified and TVS Vehicle Mobility Solution. TVS Certified Pvt Ltd is engaged in the business of the sale of used vehicles by conducting auctions, mainly through offline channels in physical auction yards. "The proposed combination relates to Mitsubishi Corporation (Acquirer) acquiring an equity stake in TVS Certified Pvt Ltd (Target 1) and TVS Vehicle Mobility Solution Pvt Ltd (Target 2)," CCI said in a release. Mitsubishi Corporation is a global integrated business enterprise that develops and operates businesses in 90 countries. TVS Vehicle Mobility Solution is engaged in the business dealership and distribution of commercial vehicles, passenger vehicles and motor vehicle services and undertaking dealership and distribution of spare parts for vehicles for a specific manufacturer. In another release, CCI granted its clearance to BlackRock Fundi

Mitsubishi Corp gets CCI's approval to acquire stakes in two TVS group cos
Updated On : 11 Jun 2024 | 11:15 PM IST