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Advani Hotels sells flight catering unit Advani Hotels & Resorts India Ltd in a notice to Bombay Stock Exchange said that the company’s board of directors has ratified and approved the sale of the flight...

Panoramic Universal’s Travel foray goes international with acquisition of Future Travels, USA Panoramic Universal Ltd has informed BSE that Consolidating its foray in the international travel and tourism business...

SBI to wrap up mergers by 2009 State Bank of India plans to merge all the associate banks with itself by March 2009. This step is to prepare the bank to face the intensely competitive banking environment in India, which...

Bhasin set to pay Rs 44 cr for 23% more stake in DSIL Stockbroker Harish Bhasin is prepared to spend Rs 43.75 crore in an open offer for 22.88 per cent stake in DCM Shriram Industries (DSIL). If successful, this will...

Challenges await the bidder The Tata Group may have emerged as the preferred bidder for Ford’s luxury brands Jaguar and the Land Rover. But the deal comes bundled with challenges for the Mumbai-based conglomerate...

Jaguar-Land Rover deal: Formal announcement awaited The race for Ford’s Jaguar and Land Rover is well into its final leg, but the formal announcement on who will be the new owner of the two iconic brands may take...

IFCI scraps stake sale to Sterlite-Morgan IFCI, India’s oldest financial institution saddled with bad loans, on Wednesday called off its stake sale plan after marathon talks with the Sterlite-Morgan Stanley...

Essel group’s Agrani buys India beam on ProtoStar-1 Essel Group’s Agrani Telecom Ltd has acquired the entire India beam on ProtoStar-1 satellite from Bermuda-based ProtoStar Ltd. The satellite is to be...

Hindusthan National – Updates on Scheme of Amalgamation Hindusthan National Glass & Industries Ltd has informed BSE that subsequent to the approval of the Scheme of Amalgamation by the Secured & Unsecured...

Tatas all set to bag Jaguar deal today Indian conglomerate Tatas are set to be named tomorrow the top choice for buying the US auto giant Ford’s iconic British brands, Jaguar and Land Rover, according to a media...

BHEL acquiring Bharat Heavy Plate State-owned Bharat Heavy Electricals Ltd (BHEL) would take over Bharat Heavy Plate & Vessels Ltd (BHPV), Visakhapatnam, as a subsidiary and pump-in Rs 275 crore as capital...

SBI, Coface in race for Global Fin stake State Bank of India (SBI) and Coface, a global credit insurance and factoring company headquartered in Paris, have been shortlisted for buying the 52.5 per cent stake in...