Barclays acquires 4.7% stake in IDFC Barclays Bank Plc said on Wednesday it had acquired 4.7 per cent of Infrastructure Development Finance Company Limited of India (IDFC) for Rs 3.8 billion ($83.2 million). The British...
Barclays Bank takes 4.7% stake in IDFC for Rs 380 cr
Barclays Bank takes 4.7% stake in IDFC for Rs 380 cr Barclays Bank PLC on Wednesday announced that it has acquired a 4.70% equity holding in Infrastructure Development Finance Company Ltd (IDFC) for Rs 380 crore...
Times of India Group buys 12% in The Sandesh
Times of India Group buys 12% in The Sandesh The Times of India Group has acquired a 12% stake in The Sandesh, publishers of the Gujarati daily, Sandesh. The group has signed a business co-operation and arrangement...
Geometric, US firm ink $32 mn merger pact
Geometric, US firm ink $32 mn merger pact Geometric Software Solutions and the global engineering services division of the Detroit-based Modern Engineering on Wednesday announced a merger agreement to form a global...
GSK Pharma looking to sell fine chemicals biz
GSK Pharma looking to sell fine chemicals biz After its recent decision to sell the animal health business, GlaxoSmithKline Pharmaceuticals Ltd is looking for a suitable buyer for its fine chemicals business in India...
Merger is an option in Tata Steel-Corus talks
Merger is an option in Tata Steel-Corus talks Tata Steel and Corus Group Plc may pen India Inc’s biggest merger story overseas. According to market sources having access to current thinking in the Bombay House and...
Kalyani in talks for Corus arm
Kalyani in talks for Corus arm The Kalyani group had held high-level talks for a possible acquisition. The Kalyani group has initiated negotiations with Corus for buying some of the Anglo-Dutch company’s units...
Citigroup picks 5.7 pc stake in Donear
Citigroup picks 5.7 pc stake in Donear Mauritius-based fund house Citigroup Global Markets acquired a 5.77 per cent stake in domestic textiles company Donear Industries for about Rs 22.2 crore in open market...
Geometric acquires Modern Engineering’s division
Geometric acquires Modern Engineering’s division Geometric Software Solutions Company Ltd has informed the BSE that the company and the globa1 engineering services division of Detroit based Modern Engineering have...
Google buyout heralds dawn of Internet TV
Google buyout heralds dawn of Internet TV "This is the next step in the evolution of the Internet." That’s how Google’s chief executive officer Eric Schmidt summed up the significance of his...
Geometric to buy European engg design co
Geometric to buy European engg design co Geometric Software Solutions, a Mumbai-based software services company, is acquiring an engineering design services company in Europe. Total enterprise value of the acquisition...
Mandvi Co-op to merge with Saraswat Bank
Mandvi Co-op to merge with Saraswat Bank Mandvi Co-operative Bank Ltd, with a large Gujarati clientele, is to merge with India’s largest co-operative bank, Saraswat Co-operative Bank Ltd. "It is for the first...
