Jehangir Ratanji Dadabhoy Tata (JRD) (29 July 1904-29 November 1993) was an avid aviator and business tycoon. He was the Chairmen of Tata and Sons. Under his chairmanship, the assets of the Tata Group grew from...
Idea buys Videocon’s spectrum for Rs 3,310 cr
In India’s first telecom spectrum trading transaction, Videocon Telecommunications, a subsidiary of Videocon Industries, on Tuesday sold its spectrum in Gujarat and UP (West) circles to Aditya Birla group’s Idea...
Kalaari Capital Invests In ScoopWhoop Media
ScoopWhoop, an internet media company that creates and curates India specific stories, has raised about R26.50 Cr ($4 Mn) in a fresh round from VC firm Kalaari Capital. The company plans to use the funds for aggressive...
Everstone Capital Acquires Stake In SJS Enterprises
PE firm Everstone Capital has acquired controlling stake of over 51% in Bengaluru based domestic auto components maker SJS Enterprises, for a consideration of about R350 Cr ($54 Mn). Everstone Capital acquired 26% owned...
Japanese investors return to to India seeking emerging market yield
Just two years after India’s policymakers stared down a major capital flight threat, the country has become a hot emerging market investment destination for one of the world’s most robust sources of capital...
TIDE ACQUIRER
Tide Water was founded almost 90 years ago by an eponymous US company in partnership with Andrew Yule. The US parent went through several takeovers until it ceased to exist by that name in the 1950’s. Hostile...
Billionaire Louis-Dreyfus to Weigh Selling a Stake in Firm
The billionaire who controls Louis Dreyfus Commodities BV is considering selling a minority stake in the trading house to external investors as she weighs options for financing the buyout of remaining family...
Amtek Auto may sell Tekfor for Rs 6,000 crore
Debt-ridden Amtek Auto might end up selling Tekfor, the German forging company it acquired in 2013, for Rs 6,000 crore. The Delhi-based automobile component maker is looking to receive bids from about a dozen bidders...
Monsanto could take lead role in agchem acquisitions
Monsanto Co. executives are discussing whether they should acquire rivals, including top pesticide maker Syngenta AG, company executives said on Tuesday, as talk of consolidation continues in the global agrochemical...
Warburg Pincus to invest up to $300 mln in Vertice Pharma
Private equity firm Warburg Pincus LLC said on Tuesday it had agreed to invest up to $300 million in Vertice Pharma, a British pharmaceuticals company that will focus on buying drug makers and their products. Vertice...
Piramal Abbott Story : Deal Impact
In 2010, Ajay Piramal promoted Piramal Healthcare sold off its main formulation business to Abbott India for over INR 17,000 crore and announced a buy-back of up to 20% of outstanding share capital of the company at INR...
Liberty Global expands in Caribbean with Cable & Wireless buy
John Malone-backed Liberty Global Plc offered to buy Cable & Wireless Communications Plc for 3.6 billion pounds ($5.5 billion) to extend its reach in the Caribbean. London-based Cable & Wireless describes...