daily

Pricing wrinkles remain in IFCI deal The Sterlite-Morgan Stanley consortium, the highest bidder for the 26% stake in IFCI, may be formally named as the financial institution’s strategic partner on Wednesday, Vinod...

No open offer for Indian shareholders in Akzo Nobel’s ICI buyout Akzo Nobel’s acquisition of ICI would normally have triggered off a bonanza in the form of an open offer in India, for ICI India’s...

Sterlite-led combine contender for IFCI stake A consortium of Anil Agarwal-led Sterlite Industries and global financial services major Morgan Stanley has emerged as the frontrunner in the race to acquire a strategic 26%...

Ranbaxy Laboratories – Updates on Open Offer to the shareholders of Zenotech Laboratories Rabo India Securities Pvt Ltd ("Manager to the Offer") for & on behalf of Ranbaxy Laboratories Ltd...

FX Labs acquires gaming portal Gaming and animation developer FX Labs Studios on Monday announced the acquisition of gaming portal and aggregator knibble.com for $3 million to be paid in stock. With this move, the...

Jaguar-Rover: Another New Year gift for Tatas? Last year the Tatas celebrated New Year in high spirits as by then it was within striking distance of snapping up Anglo-Dutch steel maker Corus, for about $13 billion to...

Citi Venture, India Equity pick up 15% in Jai Balaji Inds Kolkata-based steelmaker Jai Balaji Industries is diluting a 15 per cent stake in favour of Citi Venture Capital Fund and India Equity Partners, as a part of its...

Kingfisher Airlines, Deccan decide to merge The boards of Kingfisher Airlines and Deccan Aviation late Wednesday decided to merge both the airlines. The name of the merged entity will most probably be Kingfisher...

BHEL – JV Agreement between BHEL and NTPC Ltd Bharat Heavy Electricals Ltd (BHEL)has informed BSE that a Joint Venture agreement between the Company and NTPC Ltd has been singed on December 17, 2007 for...

Hinditron plans JV with Austria-based Skidata Earlier this year, the two had entered into a distribution pact Hinditron Group, with a presence in scientific instrumentation and telecommunications and IT and IT-enabled...

Phoenix Lamps eyes Surya Roshni’s lighting business Phoenix Lamps, which was acquired by private equity firm Actis in a management buyout last year, is close to striking multiple acquisition deals in India and...

India Glycols acquires Shakumbari Sugar & Allied Industries India Glycols, a petrochemicals and specialty chemical player on Sunday said it has acquired a majority stake in Shakumbari Sugar & Allied Industries...