Street signals: R-ADAG to buy Patel Roadways Reliance-ADAG’s private equity arm is all set to acquire Patel Roadways, a Mumbai-based transport company. Sources close to the development said both the parties...
Praj Ind buys US engineering co for Rs 22.5 cr
Praj Ind buys US engineering co for Rs 22.5 cr The Pune-based Praj Industries Ltd on Tuesday said it has acquired the Omaha-based C.J. Schneider Engineering Corporation Inc, with expertise and experience in providing...
India’s Bilcare acquires UK’s DHP
India’s Bilcare acquires UK’s DHP Packaging firm Bilcare Ltd. said on Tuesday it has acquired UK’s DHP Ltd., a clinical trial services firm, for a $5 million. It said DHP had a service revenue of $3...
Arcelor-Mittal, SCI may float global shipping JV
Arcelor-Mittal, SCI may float global shipping JV ARCELOR-MITTAL is in advanced talks with Shipping Corporation of India (SCI) to form a global shipping JV. The venture is aimed at helping the world’s biggest steel...
Caritor buys 3 cos in Europe, Asia, Australia
Caritor buys 3 cos in Europe, Asia, Australia Caritor, the global IT services firm with development centres in Bangalore and Chennai, on Tuesday announced the acquisition of three companies to increase its footprint in...
GSK eyes brand buys, new rollouts
GSK eyes brand buys, new rollouts GlaxoSmithKline India is eyeing brand acquisitions to spruce up its portfolio, besides lining drug and vaccine launches in a bid to reclaim its number one spot in the domestic market...
IID Forgings equity shareholders to approve Scheme of Amalgamation
IID Forgings Ltd has informed BSE that the pursuant to the order of the Hon’ble High Court of Judicature at Bombay, a meeting of the equity shareholders of the Company will be held on October 13, 2006, for the...
GlobalConnect to acquire Sirius facility
GlobalConnect to acquire Sirius facility GlobalConnect Australia, a wholly-owned subsidiary of Avaya GlobalConnect, today announced that it would acquire the Converged Solutions Division (SCS) of Sirius...
Wockhardt Hospitals to run Rajkot hospital
Wockhardt Hospitals to run Rajkot hospital Wockhardt Hospitals will now run the Rajkot-based N.M. Virani Hospital, following the transfer of operations and employees into its fold. The move also marks Wockhardt’s...
LGB exits textile biz with sale of mill
LGB exits textile biz with sale of mill The Coimbatore-based auto and industrial components manufacturer LG Balakrishnan & Bros (LGB) has sold its textile mill, which had been converted into a wholly owned...
Aptech EGM okays issue of 47 lakh convertible warrants
Aptech EGM okays issue of 47 lakh convertible warrants Aptech, which held an extra ordinary general meeting, approved issue of 47,62,500 warrants, convertible into an equal number of equity shares of Rs 10 each within...
Ford to buy ‘Rover’ from BMW
Ford to buy ‘Rover’ from BMW Ford Motor Co will exercise its right to buy the Rover brand name from German premium carmaker BMW, a spokesman for Ford’s Premier Automotive Group said on Monday...
