Deciding two connected writ petitions arising from a common Industrial Tribunal Award, the Delhi High Court set aside the Tribunal's direction granting hotel workmen a further…
Labour Laws
06/09/20264 min read
← back
Informative
Infibeam To Divest Stake In Subsidiary Primid, Appoints New Board Memb...
Corporate Law & GovernanceMerger & Acquisition
Infibeam Avenues plans to divest its stake in its subsidiary, Primid, and has appointed a new board member. The strategic move aims to streamline operations and enhance focus on core business activities. The divestiture will allow Infibeam to optimize its portfolio and allocate resources more effectively. The appointment of a new board member is expected to bring fresh perspectives and expertise to the company. The company is changing its business strategy.
