stake

Upon completion, Emirates NBD will be classified as the promoter of RBL Bank, which will operate as a foreign bank subsidiary under the Reserve Bank of India framework

Alpha Wave Global’s private equity platform focuses on large-scale growth investments in companies developing or benefiting from artificial intelligence, including SpaceX and Anthropic

Following completion, the company will operate under the name Lantania NMDC Water and will retain its existing management team, NMDC Group said.

The acquisition of Tendam solidifies Multiply Group’s growing portfolio of investments and marks a key milestone in its ongoing global expansion strategy