Italy's Poggipolini acquires majority stake in Aero Fasteners
Aerospace Fasteners, which has manufacturing facilities at Rohtak, Haryana, will continue to operate under its existing management following the stake sale.
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Aerospace Fasteners, which has manufacturing facilities at Rohtak, Haryana, will continue to operate under its existing management following the stake sale.
The acquisition is part of a strategic move to build and invest in core GenAI capabilities to enhance the shopping experience at Flipkart.
With investors circling and startups scaling, India is facing a pivotal question: will policy and capital align to make it a true robotics hub?
Antfin, which holds a 9.85% stake in One 97 Communications, has been steadily reducing its holding. In Aug 2023, it transferred around 44% of its Paytm stake to CEO Vijay Shekhar Sharma.