Morgan, Fidelity buy 10% in DCB Morgan Stanley and Fidelity picked up over a 10 per cent stake in Development Credit Bank (DCB), which made its debut on the bourses today. According to bulk deals data released by the...
Bharti Airtel Unsecured Creditors to approve Scheme of Amalgamation
Bharti Airtel Unsecured Creditors to approve Scheme of Amalgamation Bharti Airtel Ltd has informed BSE that the pursuant to the order of the Hon’ble High Court of Delhi a meeting of the Unsecured Creditors of the...
4 pvt equity firms pick 24% stake in Idea
4 pvt equity firms pick 24% stake in Idea A consortium of four private equity firms have acquired 24 per cent stake in Idea Cellular, a GSM wireless operator whose majority ownership is with the AV Birla group...
‘Wipro ready for $100-300 mn acquisitions’
‘Wipro ready for $100-300 mn acquisitions’ After a string of small acquisitions in recent quarters, information technology major Wipro is now ready for bigger takeovers – in the range of USD 100-300...
Providence buys 15% in Idea for Rs 1,800 cr
Providence buys 15% in Idea for Rs 1,800 cr Providence Equity Partners of the US, which had made an abortive attempt to enter India through the acquisition of C Sivasankaran’s stake in Aircel last year, has picked...
NBFCs will have to notify M&As well in advance
NBFCs will have to notify M&As well in advance In what is seen as further tightening of the norms for non-banking finance companies (NBFC), RBI has said that in case of change of management and control of an NBFC a...
Jordan’s Hikma likely to acquire Kopran
Jordan’s Hikma likely to acquire Kopran Is Kopran Ltd changing hands? Though this was neither confirmed nor denied outright by top company officials, market sources confirmed that it has appointed Enam as merchant...
Arcelor Mittal to take 40% stake in Noble
Arcelor Mittal to take 40% stake in Noble Arcelor Mittal, the world’s largest steelmaker, said it would acquire a 40% stake in Noble International in a deal combining the two firms’ laser-welding operations...
Arcelor Mittal takes 40% stake in US auto unit
Arcelor Mittal takes 40% stake in US auto unit Arcelor Mittal SA said it was merging a unit that makes steel for the auto industry with US laser welder Noble International Ltd. in return for a 40 per cent stake in the...
Rajeev Chandrasekhar picks 51 pc stake in Asianet
Rajeev Chandrasekhar picks 51 pc stake in Asianet Mr Rajeev Chandrasekhar, former Chairman and CEO of BPL Mobile, has bought a majority stake in Malayalam news and entertainment channel operator Asianet Communications...
Kanbay deal likely to trigger IT M&As
Kanbay deal likely to trigger IT M&As In a bid to boost their presence in India, multinationals could be scouting for more buys over the next 12 months. French consulting major Capgemini’s buyout of Kanbay...
Shadi Lal to acquire Monnet Sugar’s mill
Shadi Lal to acquire Monnet Sugar’s mill The consolidation process in the sugar industry has received a fresh impetus, with Monnet Sugar Ltd executing an agreement to sell its mill to Sir Shadi Lal Enterprises Ltd...
