Essar Group’s business process outsourcing unit Aegis today said it has successfully completed the acquisition of Australian BPO firm UCMS Group for (AUD 54 million) Rs 200 crore. In...
Idea Cellular Equity shareholders & Creditors to approve Scheme of Amalgamation
Idea Cellular Ltd has submitted to BSE the Notices of the Court Convened Meeting(s) of the Equity Shareholders, Secured Creditors and Unsecured Creditors of the Company scheduled to be held on September 04, 2009 for...
TTK Group getting ready to go shopping
Consumer appliances to healthcare company TTK Group is firming up plans to acquire a slew of food-processing units as well as expand its appliances portfolio. The group has also changed its plans to set up a shopping...
Aegis acquires Aussie BPO firm
Aegis, the back office firm promoted by the Essar group, said on Tuesday that it has completed the acquisition of Australia-based BPO firm UCMS Group for A$54 million (Rs 200 crore). Aegis has paid UCMS stockholders A$0...
SQL Star open offer
Superstar Exports Pvt Ltd, which is among the promoter group and has a holding of 32.53 per cent in SQL Star International, has announced an offer to public shareholders to acquire 20 per cent, or 74.30 lakh shares, at...
SAT stops Zenotech open offer
Japanese drug maker Daiichi Sankyo’s open offer that was to open tomorrow to mop up an additional 20 per cent of Zenotech Laboratories, Hyderabad, has hit yet another hurdle. This time, it is the Securities...
L&T yet to take call on Mahindra Satyam stake sale
Larsen & Toubro today said it is yet to take any decision on selling its stake in Mahindra Satyam, but has approached the market regulator SEBI for waiver of a clause under the standstill agreement...
Tata Steel looks to acquire mines for Corus
Tata Steel is scouting for coking coal and iron ore mines abroad, including in Brazil and Australia, to ensure raw material security for its European operations. "We are actively pursuing raw material interests in...
Mirc Electronics equity shareholders approve Scheme of Amalgamation
Mirc Electronics equity shareholders approve Scheme of Amalgamation Mirc Electronics Ltd has informed BSE that the Equity Shareholders of the Company at its Court Convened Meeting held on January 05, 2009, have...
Satyam denies reports on merger with Tech Mahindra
Satyam denies reports on merger with Tech Mahindra Satyam Computer Services Ltd on Tuesday denied reports that it may merge with software solutions provider Tech Mahindra. The $2-billion software exporter...
Maytas denies bid for merger, takeover
Maytas denies bid for merger, takeover The shares of Maytas Infra gained 4.30 per cent on Tuesday and closed at Rs 167.40 amid reports of Reliance Infra showing interest in the Hyderabad-based company promoted by...
KKR may exit Aricent
KKR may exit Aricent The world’s largest buyout fund Kohlberg Kravis Roberts (KKR) is considering pulling out of Aricent, formerly Flextronics Software Systems, nearly two-and-a-half years after...
