Tata Consultancy Services (TCS) today announced the launch of a new center of excellence for internet of things (IoT) solutions in collaboration with Intel. The state-of-the-art center will be located at the TCS...
Apollo Tyres buys out Germany’s Reifencom for euro 45.6 million
MUMBAI: Apollo TyresBSE 0.40 % has acquired German tyre distribution firm Reifencom GmbH for 45.6 million euros, or about Rs 324 crore, in a move that will take its brand closer to customers in Europe. “It will...
Domino’s Pizza to use Zippr ‘code’ to deliver orders
NEW DELHI: Jubilant Food Works, which operates Domino’s Pizza chain, has partnered with Hyderabad-based start-up Zippr to use latter’s coding method for delivering the orders instead of using...
Jubilant FoodWorks plans to hire 5,000 employees in FY16, invest Rs 200 crore
NEW DELHI: Jubilant FoodWorks, that holds the master franchise for Domino’s Pizza in India, Nepal, Sri Lanka and Bangladesh and also for Dunkin’ Donuts in India, plans to add around 5,000 employees by this...
Hindalco, Birla Carbon to raise $2.4-bn via bonds
Aditya Birla group companies Hindalco and Birla Carbon are tapping the international markets to raise around $2.43 billion by early next year, to bring down their financing costs. Hindalco is planning to raise $1.5...
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...
Piramal, Axis Bank invest in Noida realty project
The Piramal Group’s Piramal Fund Management and Axis Bank have co-funded Rs 550 crore in a mixed-use property project of The 3C Company in Noida, an executive in the know has said. This is the largest real estate...
M&A Leaks Fall to Lowest in Six Years in Regulatory Crackdown
The number of times investors found out about takeovers before deal announcements fell to the lowest level in six years in 2014 as stronger regulation discouraged gossip, according to a report that examines suspicious...
ABeam Consulting Acquires Stake In Optimum Solutions
okyo headquartered ABeam Consulting, has acquired about 25% stake in IT solutions and services provider, Optimum Solutions, for an undisclosed amount. With the deal, Abeam aims to strengthen its IT solutions...
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...
Bajaj Allianz and AkzoNobel in unique strategic alliance
Bajaj Allianz General Insurance and AkzoNobel India have tied up to provide home insurance cover with every 20l pack of Dulux Weathershield Paint. Dulux is the flagship decorative paint brand from AkzoNobel. As per this...
Piramal Enterprises acquires baby-care brand Little’s
Piramal Enterprises’ Consumer Products Division today announced it has acquired baby-care brand “Little’s” for an undisclosed amount. Launched in India in 1980, Little’s is present across a...