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merger, acquisition and takeover
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New Delhi,
Friday, June 14, 2013
The Foreign Investment Promotion Board (FIPB), on Friday, cleared Norwegian telecom operator Telenor’s proposal to hike stake in its Indian subsidiary to 74 per cent from 49 per cent, but put on h...
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air transport,
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Mumbai,
Wednesday, June 5, 2013
UK-based Network Rail has roped in five IT vendors, including TCS, Cognizant and Accenture to design, build and manage its IT infrastructure in a deal estimated at 350 million pounds.
“Wi...
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IT Enabled Services
Mumbai,
Monday, June 3, 2013
McGraw Hill Financial, on Monday, said that it was making a voluntary open offer to acquire up to 15,670,372 shares, representing 22.23 per cent of the total equity shares outstanding in
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New Delhi,
May 31, 2013
Firstpost.com, a digital platform of the Network 18 group, has acquired fakingnews.com, a news satire portal operational since 2008, for an undisclosed amount. In a statement, Durga Raghunath of F...
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Kolkata,
May 23, 2013
Thanks to multicrore investment scam, Tara News and Tara Muzik are facing closure
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NEW DELHI,
May 16, 2013
“Within hours of taking charge, he has given the go-ahead to out-of-court conciliation”
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CHENNAI,
May 9, 2013
Software solutions provider Servion, on Wednesday, announced the acquisition of U.K-based JAMS, a company that specialises in the customer interaction management space.While the financial de...
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New Delhi,
May 9, 2013
The bench made the observations while rejecting CAG views on Cairn-Vedanta deal, saying that "it is factually and legally incorrect and cannot be accepted".
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BANGALORE,
May 7, 2013
Global Edge, a company specialising in embedded software solutions for the telecom industry, announced on Tuesday that it was taking the entire stake in Bangalore-based Dearborn Electronics (Indi...
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Mumbai,
April 30, 2013
The consortium plans a 8,000-km long Bay of Bengal cable system
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Mumbai,
April 24, 2013
Tata Communications on Wednesday said it has partnered with Mercedes AMG Petronas, to deliver trackside connectivity for the team at all Formula One race locations.
With the new partnersh...
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April 20, 2013
A consortium of PE funds including Samena Capital is in advanced stage of negotiations for acquisiton of Anil Ambani Group firm Reliance Globalcom Ltd.Reliance Globalcom is a unit of Relianc...
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New Delhi,
April 11, 2013
Merger and acquisition activity in the Asia Pacific region declined 26.1 per cent in the first quarter of this year and the drop was even sharper in India where the deal activity declined over 83...
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NEW DELHI,
May 25, 2013
The Indian co will submit a proposal on the JV structure
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SAN FRANCISCO,
May 20, 2013
Yahoo is buying online blogging forum Tumblr for $1.1 billion as CEO Marissa Mayer tries to rejuvenate an Internet icon that had fallen behind the times. The deal announced on Monday repres...
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MUMBAI,
May 16, 2013
The shareholders of Cipla Medpro South Africa, the Cape Town-headquartered company, have approved the takeover offer from Indian pharmaceutical major Cipla. The consideration for the acquisi...
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NEW DELHI,
May 9, 2013
The two firms can together offer common plans for customers on the same lines as competitors
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New Delhi,
May 9, 2013
The Supreme Court on Thursday said it cannot sit in judgment over commercial decisions taken by parties to an agreement after evaluating the contract’s financial implications, unless such decision...
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MUMBAI,
May 7, 2013
Security software maker McAfee said, on Monday, it would acquire Finland-based Stonesoft Oyj for about $389 million in cash.
McAfee has executed a definitive agreement to initiate a condi...
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Hyderabad,
April 24, 2013
IT and telecom solutions provider Tech Mahindra has acquired a Sweden-based Type Approval Lab for undisclosed amount which will help it strengthen lab presence in Europe, Middle East and Africa (E...
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Mumbai,
April 20, 2013
Reliance Communications Ltd, India’s third-biggest telecom company, on Saturday said it is in advanced stage of talks for selling a stake in its enterprise business unit to a consortium of PE fund...
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Hyderabad,
April 17, 2013
Beleaguered Deccan Chronicle Holdings Ltd (DCHL) is in the process of demerging its printing and publication, retail and sporting activities into a separate entity called “Land Interactive Media”...
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NEW DELHI,
April 4, 2013
Sterlite Industries (India) Ltd., on Wednesday, said the Bombay High Court had approved the merger of the mining firm with Madras Aluminium Company, Sterlite Energy Ltd., Vedanta Aluminium and Ses...
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