i-flex Solutions Completes Acquisition of Mantas i-flex Solutions Ltd on October 3, 2006 has announced that the closing of its previously announced acquisition of Mantas Inc., a provider of regulatory compliance, loss...
M&A deals slump 41% to $3.3 bn in Q2
The volume of merger and acquisition (M&A) deals by India Inc slumped by 41 per cent to $3.3 billion in the June quarter over the previous three-month period due to the impact of the global economic slowdown, a...
USi to help AT&T expand enterprise service offerings
USi to help AT&T expand enterprise service offerings Hosted software applications services provider (ASP), Usinternetworking (USi), with operations in North America, and two development centres in India at Hyderabad...
Indian cos eye acquisition opportunities in the Netherlands
To strengthen their presence in Europe many Indian companies from diverse sectors including pharmaceuticals and information technology are looking for acquisition opportunities in the Netherlands. The European nation...
Rey buyout to complete in 5 months: Guj NRE Coke
Gujarat NRE Coke, a leading coking coal producer, which has offered to buy 90 per cent equity in Australian coal exploration firm Rey Resources is looking to complete the hostile takeover by the end of this year...
Anil Agarwal ready to buy out govt in HZL, Balco; to meet FM
Vedanta Resources Chairman Anil Agarwal today said he is ready with Rs 8,000 crore for buying the government’s residual equity in Balco and Hindustan Zinc, for which he will meet the Finance Minister this month...
Tata Steel Global acquires more shares in Riversdale Mining
Tata Steel Global Minerals Holdings Pte Ltd, an indirect wholly owned subsidiary of Tata Steel Ltd, on Thursday acquired additional shares of Riversdale Mining Ltd (RML), Australia, through market purchases, taking the...
MBK to buy Taiwan cable firm for $1.6 billion: reports
MBK to buy Taiwan cable firm for $1.6 billion: reports China Network Systems, Taiwan’s largest cable TV operator, has decided to sell itself to MBK Partners, in a deal expected to fetch up to $1.6 billion...
Lanco Infra buys out German firm’s stake
Lanco Infratech Ltd through its subsidiary Lanco Amarkanatak has bought out a German lending agency’s stake in the 2×300 MW project for about Rs 48 crore. This is part of the share purchase agreement executed...
IDBI – Government of India sanctions Scheme of Amalgamation
IDBI – Government of India sanctions Scheme of Amalgamation Industrial Development Bank of India Ltd (IDBI) has informed BSE that the Government of India has sanctioned the Scheme of Amalgamation of The United...
LKB, Centurion Bank to approach RBI
LKB, Centurion Bank to approach RBI Having obtained shareholders’ consent, Lord Krishna Bank and Centurion Bank of Punjab are slated to approach the Reserve Bank of India on Tuesday, to take the merger proposal...
Viacom nears deal for 50% in Sahara One
Viacom nears deal for 50% in Sahara One Global media giant Viacom, which owns brands such as CBS, MTV and Paramount Pictures, is close to buying 50% in the Subroto Roy-controlled Sahara One Media and Entertainment for...
