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Videocon denies deal yet to buy Daewoo Electronics Country’s biggest electronics firm Videocon Industries Ltd denied Tuesday a local media report that it had signed an agreement to acquire debt-burdened South...

Daewoo Electronics takeover: Videocon may sign MoU by month-end The Videocon-led consortium, selected as the preferred bidder to buy out Daewoo Electronics Corp of Korea, is expected to sign a preliminary MoU by end...

‘Daewoo Videocon deal closing by end-Dec’ South Korean appliance maker Daewoo Electronics expects to finalise its sale to a consortium led by Videocon Industries Ltd. by the end of December, the company said...

Patel Engg buys Michigan Engg Patel Engineering today announced acquisition of Michigan Engineers Pvt Ltd (MEPL), a mumbai-based urban infrastructure company for an undisclosed sum. "The government is planning to...

Kalindee Rail equity shareholders approve Scheme of Amalgamation Kalindee Rail Nirman Engineers Ltd has informed BSE that the Equity Shareholders at the Extra-Ordinary General Meeting (EGM) of the Company held on August...

Patel Engg acquires Mumbai-based co Patel Engineering Ltd has acquired a controlling stake in the Mumbai-based Michigan Engineers Pvt Ltd (MEPL) for an undisclosed sum. MEPL is an urban infrastructure company; its...

Tata Tea, union may buy 40% in NIPO Tata Tea and its workers’ co-operative may pick up 40 per cent stake in NIPO – the tea firm’s north Indian plantation operations, which will be spun off into a...

First Carlyle acquires Allsec shares Allsec Technologies Limited has informed that First Carlyle Ventures Mauritius has acquired 3,0.21 lakh shares and 1.6 lakh warrants convertible into 1.6 lakh equity shares...

IDBI snaps up United Western The Reserve Bank of India today told IDBI to acquire the distressed United Western Bank, which the central bank had put under moratorium on September 2. In the process, IDBI bested a long...

Infotech M&A valuations up 95% This is just another testament of the domestic infotech sector starting to dominate the global stage. In the spate of mergers and acquisitions announcements in the last eight months...

United Western Bank – Draft Scheme of Amalgamation with IDBI United Western Bank Ltd has informed BSE that subsequent to the Order of Moratorium dated September 02, 2006, the RBI on September 12, 2006 has placed...

Infrasoft plans 2 buyouts in US, UK Banking service solution provider Infrasoft Technologies plans two acquisitions in the US and UK to expand its global footprint. The company is also planning to dilute 25-30 per cent...