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 – 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...
Taj closes in on Boston hotel
Taj closes in on Boston hotel The Indian Hotels Company, promoted by the Tata group, is in the process of acquiring the Ritz-Carlton, a Boston-based luxury hotel, for around $170 million (around Rs 765 crore). Due...
Tatas check into the Ritz-Carlton
Tatas check into the Ritz-Carlton In a deal that will help expand its presence in the US market, Indian Hotels (IHCL), which runs hotels and resorts under the Taj brand, is buying the Boston-based Ritz-Carlton hotel for...
Megasoft close to acquiring US co
Megasoft close to acquiring US co Following the announcement of the merger plan with VisualSoft Technologies Ltd, Chennai-based Megasoft Ltd is close to finalising an acquisition in the US valued at about $20 million...
Saksoft buys 100 pc stake in Acuma
Saksoft buys 100 pc stake in Acuma Saksoft Ltd has acquired 100 per cent stake in the UK-based Acuma Group for $17 million (Rs 78 crore) in cash. The transaction is effective October 1, and was funded through...
Welspun to acquire 40% stake in Joint Venture with TMK
Welspun to acquire 40% stake in Joint Venture with TMK Welspun-Gujarat Stahl Rohren Ltd has announced that the Company have signed the MOU with Volzhsky Pipe Plant (VTZ), a member of the TMK Group, Russia’s...
Wockhardt buys Pinewood
Wockhardt buys Pinewood Pharmaceutical and biotechnology major Wockhardt has acquired Pinewood Laboratories, a branded generic pharmaceutical company in Ireland. The all-cash deal is worth $150 million (Rs 686.91 crore)...
AWG agrees to $4.1 bn bid offer from Osprey
AWG agrees to $4.1 bn bid offer from Osprey British water firm AWG said on Monday it has agreed a £2.2 billion ($4.1 billion) takeover offer from Osprey, an investment group including Canadian, Australian and...
Wockhardt acquires Pinewood in Ireland for $150 mn
Wockhardt acquires Pinewood in Ireland for $150 mn Wockhardt Ltd on October 03, 2006, has announced the acquisition of Pinewood Laboratories Ltd, the largest and fastest growing branded generic pharmaceutical company in...
Fortis to offload 25% stake through IPO
Fortis to offload 25% stake through IPO Fortis Healthcare, the healthcare company owned by the promoter family of Ranbaxy Laboratories, has decided to raise funds through an initial public offer (IPO). The company has...
Wockhardt acquires Irish generic co
Wockhardt acquires Irish generic co Wockhardt Ltd has acquired Pinewood Laboratories Ltd, an Irish generic-drugs maker in an all-cash deal worth $150 million (about Rs 686 crore). Pinewood reported sales of over $70...
