Mumbai: Singapore’s Temasek Holdings Pte and GIC Pte, the Canada Pension Plan Investment Board and the Abu Dhabi Investment Authority are in advanced talks to invest in Everstone Group’s $2 billion real estate...
Mico integrates Indian subsidiaries with global biz
Mico integrates Indian subsidiaries with global biz Auto parts’ maker Bosch has reorganised all its subsidiaries in India to integrate them with its global businesses. In another development, most of Mico plants...
M&M to acquire German forgings co
M&M to acquire German forgings co Mahindra & Mahindra (M&M) has said that it has agreed to acquire 90.47 per cent stake in German forging company Schoneweiss & Co GmbH of Germany for an undisclosed...
Uma Precision acquires Australian firm
Uma Precision acquires Australian firm Precision engineering components manufacturer Uma Precision Ltd (UPL) has acquired Australia’s Edwards Repetition Pty Ltd (Edwards) for a consideration of Australian $1.35...
Indian Automobile Sector: A Mileage Way Ahead
The automotive industry is a critical component of economic growth. The Indian auto industry is one of the largest in the world with an annual production of 23.37 million vehicles in FY 2014-15. The automobile industry...
Infosys’ Sikka Buys Panaya For a Giant Leap
In February 2015, Infosys bought Panaya Inc., a leading provider of automation technology for large scale enterprise software management, for an enterprise value of $200 million (Rs 1,244 crore). The payment was upfront...