INDIABULLS (INDIABULLS)
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Indiabulls to acquire 70% of Fintech Cloud for ₹1,050 crore
2 Min Read Indiabulls Ltd said on Friday (September 11) that it has entered into a definitive agreement to acquire a 70% stake in Fintech Cloud Private Ltd for ₹1,050 crore, valuing the target company at ₹1,500 crore. The acquisition will be carried out through a scheme under the National Company Law Tribunal (NCLT), with Indiabulls also taking control of the target's board.
Indiabulls signs Gurugram development pact, pipeline reaches ₹27,308 crore
2 Min Read Indiabulls Limited, formerly known as Yaari Digital Integrated Services Limited, has recently signed an agreement with a private landlord to undertake the development management of a residential project spread across approximately 10.84 acres on the Dwarka Expressway in Gurugram. The project has an estimated saleable area of 21 lakh sq. and a Gross Development Value (GDV) of around ₹3,700 crore.
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