Debt-ridden Wockhardt Ltd has divested its German business Esparma to Mova GmbH, a subsidiary of Lindopharm GmbH, Germany, for an undisclosed amount. The development comes as the Mumbai-based drug maker sets about the...
Future Capital equity shareholders approve Scheme of Amalgamation & Arrangement
Future Capital Holdings Ltd has informed BSE that in accordance with the directions of the Hon’ble High Court of Judicature at Bombay, the meeting of the Equity Shareholders of the Company held on June 15, 2009...
Tanu Healthcare Shareholders approves Scheme of Amalgamation
Tanu Healthcare Ltd has informed BSE that as per the direction of the Honorable High Court, Mumbai, the Company has convened the EGM of Shareholder on June 13, 2009 in the matter of the Scheme of Amalgamation of Blue...
Jubilant Organosys may sell polymer unit to cut debt
Debt-ridden contract manufacturing specialist Jubilant Organosys today said it was evaluating its performance polymers division, a non-core business of the pharma major, for possible divestment. Jubilant had a net debt...
Canadian investment firm plans to buy 5% stake in NSE
Canadian investment firm Urbana Corporation has said it is looking to buy a 5 per cent stake in India’s largest bourse National Stock Exchange (NSE), for an estimated Rs 600 crore. For the intended acquisition...
Federal Bank, Catholic Syrian merger likely in a month
The merger of Catholic Syrian Bank with Federal Bank is expected to be through in a month. According to reliable sources close to the deal, the boards of directors of both the banks will meet in a month’s time to...
Jubilant mulls sale of performance polymer biz
Pharmaceutical major Jubilant Organosys Ltd on Tuesday said it is looking at selling off its non-core business of industrial performance polymers. “The company is strategically focusing on pharmaceuticals and life...
Orissa Sponge – Disclosure of acquisition of equity shares of Orissa Sponge Iron & Steel Ltd by Bhushan Energy Ltd
Bhushan Energy Ltd has informed BSE that Bhushan Energy Ltd ("BEL") along with Mr. Brij Bhushan Singal, Mr. Neeraj Singal, BNS Steel Trading Pvt. Ltd, BBN Transportation Pvt. Ltd, BNR Infotech Pvt. Ltd, BNR...
Aro Granite – Buy Back Offer
Sobhagya Capital Options Ltd ("Manager to the Buyback") on behalf of Aro Granite Industries Ltd ("Target Company") has issued this Public Announcement ("PA") to the Equity Shareholders /...
Saraswat Bank in talks with lenders for takeover
Country’s largest urban co-operative lender, Saraswat Bank today said it is in talks with two to three co-operative banks for possible acquisitions. The bank has so far received around 70 merger proposals from...
Canara Bank willing to acquire bank: Mahajan
The country’s fourth largest public sector lender, Canara Bank, today said it is willing to acquire a bank in India to increase its size and presence. "Consolidation is the only way to grow and we are willing...
Citi in talks with IT cos to sell tech assets
Citibank is currently in discussions with Indian IT firms Tata Consultancy Services (TCS) and Wipro, among others, to sell some of its internal IT Top Indian outsourcing cos Nine trends for IT in 2009 Cities that are IT...
