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Godrej eyes buys in Brazil, Indonesia After acquisitions in Europe and Africa in the last 12 months, the Godrej group is now looking at possible acquisitions in Brazil and Indonesia. The acquisitions were expected to be...

UB okays Diageo, Radico JV Diageo is carrying a no-objection certificate (NOC) from United Breweries(UB), its erstwhile partner, for the proposed 50:50 joint venture with Radico Khaitan. Diageo had a joint venture with...

Piramal buys out Boots in JV Nicholas Piramal India has acquired The Boots Company Plc’s 51 per cent stake in Boots Piramal Healthcare, making it a 100 per cent subsidiary. The acquisition follows Reckitt...

VisualSoft Tech, Megasoft agree to merge The Hyderabad-based software services company, VisualSoft Technologies Ltd, and Megasoft Ltd, have agreed in principle to merge. The board of directors of VisualSoft...

DLF to buy 20% in infra firm Real estate major DLF, which is reviving its plans to tap the market to raise more than Rs 10,500 crore, will purchase 20 per cent stake in Feedback Ventures, an infrastructure development...

Kirloskar acquires Aban Construction for Rs 57 crore Pumps-maker and turnkey projects company Kirloskar Brothers Limited has acquired 100 per cent equity of Chennai-based Aban Construction Private Limited. KBL has...

Reliance Fund buys stake in Ravin Cables US-based Tano Capital and Reliance Power Fund have picked up 10.7 and 8.3 per cent stake respectively in the Mumbai based power cable manufacturer, Ravin Cables. Ravin is a power...

Genus in JV with Brazilian firm to set up unit there In its effort to gain a foothold in international markets, digital electric meter manufacturer Genus Overseas has tied-up with Brazil-based Mobix to set up a...

HC stays Zee group’s takeover bid for UNI The Delhi High Court on Friday ordered maintaining of status quo till October 5 on a suit seeking a permanent injunction against the United News of India (UNI) from...

GAIL looking at E&P blocks in Africa Pursuing its hunt for oil and gas blocks overseas, GAIL (India) Ltd is talks with TGS-NOPEC, the authorised promoter of the Madagascar (Africa) bidding round, on the technical...

Wipro Infra acquires Swedish co Hydrauto Wipro Infrastructure Engineering (WIN), a subsidiary of Wipro Ltd, has acquired 100 per cent stake in the Sweden-based Hydrauto Group AB (Hydrauto) for $31 million in all cash...

LKB-Centurion merger gets nod in tense AGM Lord Krishna Bank (LKB) approved its merger with Centurion Bank of Punjab (CBP). In a highly tense annual general meeting (AGM), which lasted two hours and 15 minutes, all the...