Synopsis
Elaborating on TCS’s commitment to new sustainability goals which would see the tech giant reduce its greenhouse emissions by 70% by 2025 from 2016 levels, Ramachandran said this is a global trend that Tata Group of companies have always been on top of. “Customers are looking at our sustainability development reports.”
Environmental, social, and governance (ESG) initiatives of companies are emerging as a key to their businesses as customers, investors and lenders have started tracking sustainability scores, a top Tata Consultancy Service executive has said.
“We’ve realised that sustainability is at the core of what people are looking at,” said Girish Ramachandran, president, Asia Pacific, at
Rossari to acquire Unitop Chemicals 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.
Indian law firm Trilegal has beefed up its banking and finance practice with the hires of Pranav Sharma and Mallika Chopra as partners from Cyril Amarchand Mangaldas (CAM).
Rossari Biotech inks pact to acquire Unitop Chem for ₹421 cr in cash
June 02, 2021
The acquisition will be in multiple tranches
Speciality chemicals manufacturer Rossari Biotech has entered into an agreement to acquire Unitop Chemicals Private Ltd in multiple tranches for ₹421 crore in cash. According to the contours of the deal, the company will acquire about 65 per cent stake in the first tranche, which is expected to be completed by the second quarter of FY22. The remaining part of the acquisition is expected to close in 2023-2024, Rossari Biotech said in a regulatory filing.
The deal price (₹421 crore) is payable in multiple tranches, and subject to certain post-completion adjustments. The company plans to fund the investment through cash on balance sheet and doesn’t intend to raise any debt, it added.
The former general counsel (GC) of Tata Sons, Shuva Mandal, has today officially announced his exit and joining start-up law firm Anagram Legal with a job profile change on LinkedIn.