Hindustan Coca-Cola Beverages, the bottling subsidiary of Coca-Cola India, has acquired the bottling and distribution rights for its Kinley packaged water brand from franchisee bottlers in three states, ending a long...
Bharti working on revised MTN deal
Bharti Airtel is working on a revised offer for a possible deal with South Africa’s MTN, which may entail higher cash outgo and additional debt to be raised by the Indian company to fund the transaction, sources...
Indian cos success greater in domestic M&As than overseas
Indian companies have emerged as the most attractive and enthusiastic players in the mergers and acquisitions space, both domestically and globally, though success is more evident within the country, a report said...
Global M&A activity down 38% to $1.3 trn
The global merger and acquisition activity is still to come out of the shadow cast by the economic downturn, with the M&A volume so far this year amounting to $1.3 trillion, down 38 per cent from the year ago period...
Zensar gets board’s nod to merge two of its arms with itself
IT firm Zensar Technologies today said its board has approved the merger of its two subsidiaries — Zensar OBT Technologies and Zensar Transformation Services — with itself. The committee of directors at the...
Indian cos success greater in domestic M&As than overseas
Indian companies have emerged as the most attractive and enthusiastic players in the mergers and acquisitions space, both domestically and globally, though success is more evident within the country, a report said...
Cash kitty of 3 US-listed Indian BPO cos crosses $530 million
The quarter numbers have turned out to be a bitter-sweet pill for this ITES pack, but the India-centric BPO providers listed overseas – Genpact, WNS and EXLService Holdings – have bolstered their combined...
Motherson Sumi buys Visiocorps global mirror biz
Motherson Sumi buys Visiocorps global mirror biz Auto component major Motherson Sumi Systems (MSSL) on Friday announced its acquisition of the UK-based Visiocorp’s global rear viewmirror business. The...
Quippo picks up 49% in Tatas tower arm
Quippo picks up 49% in Tatas tower arm Quippo Telecom Infrastructure (QTIL), a SREI Group subsidiary and the hived off tower-arm of Tata Teleservices will announce a partnership on Monday. The deal is as...
Satyam investors urge merger
Satyam investors urge merger HCL, MindTree in the fray. Facing the threat of a hostile takeover by a domestic or overseas company, including private equity firms, Satyam Computer Services’...
British Air wants to buy 25% in GoAir
British Air wants to buy 25% in GoAir UK’S flagship airline British Airways (BA) is looking to pick up a 25% stake in Wadia group-promoted no-frills airline GoAir. Officials from BA and GoAir...
Hiranandanis problems at AIM mount
Hiranandanis problems at AIM mount Real estate developer Niranjan Hiranandani’s problems at the London Alternative Investment Market (AIM) are increasing. The valuer of his Panvel and Chennai projects, which are...
