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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...

India Inc signs deals worth $68.32 b in 2007 India Inc was on a shopping spree in 2007, striking deals including merger and acquisition (M&A) and private equity investment worth $68.32 billion against $28.16 billion...

Welspun buys 76% stake in Portuguese co Welspun India, global major in terry towel making, has acquired 76% stake in Portugal-based Sorema, Tapates e Cortinas de Banho, SA (Sorema) for Rs 60 crore. The acquisition will...

Saraswat Co-op buys Nashik bank Saraswat Co-operative Bank has acquired Nashik Peoples Co-operative Bank Ltd. Saraswat Bank had signed a memorandum of understanding with the Nashik Co-operative Bank to this effect in...

IFCI to sell stakes in 100 unlisted firms A day after cancelling the stake sale process, IFCI, the country’s oldest financial institution, today invited bids from merchant bankers to value and buy its shares in...

Intex scouts for jt venture partner IT peripherals and electronics firm Intex Technologies is on the look out for a joint venture partner to manufacture audio/video products and power electronics in India. “We...