daily

Auto cos, ICICI Venture eye Italy’s Lombardini This is tipped to be the biggest ever overseas buyout in the Indian auto component industry. Two Indian companies and one private equity firm are making a bid to...

Corporation Bank – Merger of Corp Bank Homes Corporation Bank has informed BSE that the Scheme of Amalgamation of Corpbank Homes Ltd with the Bank has been approved by Honourable High Court of Karnataka vide its...

GSFC forms phosphoric acid JV in Tunisia Gujarat State Fertilizers & Chemicals Ltd said on Thursday it had set up a joint venture in Tunisia with local firms Groupe Chimique Tunisien and Compagnie des Phosphates de...

Kirloskar Bros eyeing buys; sets aside Rs 250-300 cr With already two acquisitions in its kitty, the Rs 900-crore Pune-based Kirloskar Brothers Ltd, player in the pump manufacturing segment, is eyeing acquisitions in...

Wockhardt acquires Pinewood for Rs 686 cr Pharma major Wockhardt Ltd on Tuesday announced the acquisition of a branded generic pharmaceutical company in Ireland Pinewood Laboratories Ltd in all cash deal worth over Rs...

Shriram Overseas – Hon’ble High Court, Madras sanctions Scheme of Amalgamation Shriram Overseas Finance Ltd has informed BSE that the Hon’ble High Court of Judicature at Madras by its order dated July...

Nod for Pantaloon’s joint venture The board of Pantaloon Retail on Tuesday approved a proposal to form a 50:50 joint venture with the UK-based Alpha Airports Group Plc for developing travel retail and catering...

Tata Tea takes 33% in S African firm The Tetley Group, a Tata Tea subsidiary, has signed an agreement to acquire 33 per cent in South African Joekels Tea Packers. According to the deal, Joekels will have the licence to...

Pantaloon Retail to form JV with UK Co Retail major, Pantaloon Retail India Ltd said it will form a 50-50 joint venture company with UK-based Alpha Airports Group plc, to develop travel retail and food catering business...

Novopan Industries shareholders approves Scheme of Arrangement Novopan Industries Ltd has informed BSE that the Shareholders of the Company at its Court Convene Meeting held on September 29, 2006, have unanimously...

RIL disagrees with Indian Oil on JV proposal The proposed joint venture (JV) between Reliance Industries Ltd (RIL) and Indian Oil Corporation (IOC) for setting up city gas distribution projects in the country may fizzle...

Uniroyal Textile – Updates on Scheme of Amalgamation Uniroyal Textile Industries Ltd has informed BSE that the Company has fixed October 27, 2006 as a Record Date for the purpose of Issuing Shares to the...