BNP Paribas to take 33% Geojit stake for Rs 207cr French financial services group BNP Paribas will pick up 33.35% stake in stock broking company Geojit Financial Services for Rs 207 crore. The board of Geojit Financial...
Brazil`s CSN may bid for Corus
Brazil`s CSN may bid for Corus German steel group ThyssenKrupp was also believed to be interested in beating Tata’s offer. The Corus tale may see a dramatic twist, with a few companies proposing to make counter...
Acquisition edge
Acquisition edge POUND WISE Mitali Wagle Crompton Greaves has taken the inorganic route to expand its presence abroad and bridge the technology gap vis-a-vis competition. In its quest to spread its wings to new markets...
Thomas Cook equity shareholders & unsecured creditors to approve Scheme of Amalgamation
Thomas Cook equity shareholders & unsecured creditors to approve Scheme of Amalgamation Thomas Cook India Ltd has informed BSE that pursuant to the Order of Hon’ble High Court of Judicature at Bombay, separate...
BNP Paribas to buy stake in Indian firm
BNP Paribas to buy stake in Indian firm BNP Paribas, France’s biggest bank by market value, has agreed to buy a 33 per cent stake in Indian broking firm Geojit Financial Services Ltd for 2.07 billion rupees, a...
Corus staff set for windfall after Tata takeover
Corus staff set for windfall after Tata takeover Amid concerns of job cuts, thousands of Corus steel workers are in line for a windfall of around 5,000 pounds each from the 4.3 billion pound sale of the Anglo-Dutch...
Ripplewood likely to bid $10 bn for Delphi
Ripplewood likely to bid $10 bn for Delphi US buyout firm Ripplewood Holdings is preparing a likely bid for bankrupt auto parts maker Delphi Corp that could top $10bn, The Wall Street Journal reported on Saturday...
Govt to divest 10% residual stake in Maruti to FIs, banks
Govt to divest 10% residual stake in Maruti to FIs, banks The government is all set to divest its 10.27% equity stake in Maruti Udyog Ltd (MUL) to domestic financial institutions (FIs) and banks. The proposal is...
Videocon buys Daewoo Elec for $700 mn
Videocon buys Daewoo Elec for $700 mn Videocon on Monday said a consortium led by it has reached an agreement to acquire South Korea’s debt-burdened Daewoo Electronics for Rs 3,150 crore. The agreement was signed...
RHJ agrees on joint buy of Daewoo Elec
RHJ agrees on joint buy of Daewoo Elec Belgian holding company RHJ International said on Monday it had entered an agreement with Videocon Industries Ltd to jointly acquire South Korean appliance maker Daewoo Electronics...
Roy’s Quatrro buys 100% in Flextronics’ BPO arm
Roy’s Quatrro buys 100% in Flextronics’ BPO arm In its first 100% takeover of a business Raman Roy-promoted Quatrro has acquired the BPO arm of Flextronics Software Systems (FSS) along with 120 employees in...
Four Soft to buy shipping biz of FWL Tech
Four Soft to buy shipping biz of FWL Tech Transport and logistics software technology company Four Soft Ltd, has announced that it has entered into an agreement to acquire the assets of the freight and shipping software...
