Ireland’s Treasury Holdings to pick 26% in GI Power for Rs 70 cr Irish real estate and wind energy major Treasury Holdings is picking up 26% in the Anil Nanda-promoted green energy venture, GI Power, for Rs 60-70...
Volvo looks at Asia, Europe for M&As
Volvo looks at Asia, Europe for M&As Sweden’s Volvo is most likely the next truckmaker to strike a deal, whether or not German rival MAN AG acquires Scania and supplants Volvo as Europe’s truck market...
Solkar Solar forms jt venture with Singapore co
Solkar Solar forms jt venture with Singapore co Solkar Solar Industry Ltd has entered into a 50:50 joint venture with Singapore-based Eco Solar Technologies Private Ltd. The venture will involve technology transfer from...
Murdoch may give up DirecTV stake
Murdoch may give up DirecTV stake Rupert Murdoch may give control of satellite broadcaster DirecTV Group to cable television pioneer John Malone in exchange for Malone’s $11bn stake in News Corp. Swapping News...
PMO queries merger of Indian, Air-India
PMO queries merger of Indian, Air-India The Prime Minister’s Office (PMO) has objections to the civil aviation ministry’s proposal to merge the two state-owned carriers, Indian Airlines and Air-India, into a...
Four Soft scouts JV partner for BPO subsidiary
Four Soft scouts JV partner for BPO subsidiary Logistic software solution provider Four Soft planning to set up a BPO arm aimed at strengthening its presence in the logistic offshore business. The company is scouting...
Standard Chartered Investments acquire 11.47% in Srei
Standard Chartered Investments acquire 11.47% in Srei Institutional investor Standard Chartered Investments and Loans (India) Ltd has acquired 11.47 per cent in Kolkata based Srei Infrastructure Finance Ltd. Srei in a...
Mallya’s UB eyes Taittinger group co
Mallya’s UB eyes Taittinger group co UB Group chairman Vijay Mallya, who is in the midst of building a wine business with a global footprint, may show up in Napa Valley. The group could look at acquiring...
Promoters take merger route to avoid open offers
Promoters take merger route to avoid open offers A large number of promoters have increased their holdings in listed companies by more than the permissible limit specified by SEBI during a financial year but have...
Apollo Hospitals sells Sri Lanka unit for Rs 72.8 cr
Apollo Hospitals sells Sri Lanka unit for Rs 72.8 cr Apollo Hospitals will sell its 33.22% stake in Apollo Hospitals, Colombo, to Sri Lanka Insurance Corporation (SLIC) for a consideration of Rs 72.84 crore (Sri Lankan...
Calsoft to buy majority stake in Inatech
Calsoft to buy majority stake in Inatech California Software Co Ltd (Calsoft) on Thursday announced the signing of a letter of intent to acquire majority stake in Inatech Solutions UK and Inatech InfoSolutions India. Mr...
Daiichi open offer for Zenotech faces legal hurdle
The open offer by the Japanese drug maker Daiichi-Sankyo to acquire 20 per cent in Hyderabad-based Zenotech Laboratories Ltd (ZLL), scheduled to open today, has hit a legal hurdle. The Madurai Bench of the Madras High...
