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Genpact completes Axis Risk acquisition BPO company Genpact today said it had completed the acquisition of Axis Risk Consulting Services, an independent India-based risk consulting firm that provides a wide range of...

RCom completes takeover of Yipes Holdings Anil Ambani group company Reliance Communications today said it has completed the acquisition of US-based Yipes Holdings in an deal valued at around Rs 1,200 crore. The...

Glycols buys Shakumbari India Glycols, a leading manufacturer of monoethylene glycol, potable alcohol and other industrial chemicals has acquired Shakumbari Sugar and Allied Industries (SSAI), a company belonging to the...

L&T, IDFC, Lehman buy 7% in B Seenaiah Engineering and construction giant Larsen & Toubro (L&T), Infrastructure Development and Finance Company (IDFC), Lehman Brothers and Singapore-based private equity (PE)...

HSBC open to acquiring PSU banks in ’09 HSBC is open to acquiring public sector banks (PSBs) in 2009. Naina Lal Kidwai, country manager, HSBC, said the new regulation should allow take over of public sector banks...

UTV completes Indiagames buy UTV Software Communications has completed its acquisition of 60 per cent stake in Indiagames, the online and mobile games company. The company will be integrated with UTV businesses which...

Canara Bank hikes open offer price for Canfin Homes to Rs 63 Canara Bank has raised the open offer price for acquiring the 43.14 lakh shares of Canfin Homes Ltd to Rs 63 per share. Indbank Merchant Banking Services...

Daimler, Hero ink truck JV Barely four days after Volvo announced its tie-up with Eicher, MNC auto major Daimler Trucks has announced a joint venture (JV) with the Hero Group to manufacture light, medium and heavy-duty...

UTV Software – Acquisition of Controlling Equity stake in Indiagames Ltd With reference to earlier announcement dated December 08, 2006 regarding the Company has entered into an arrangement with Indiagames Ltd...

SpiceJet plans joint venture with UK-based online retailer The UK-based online retailer UnderFivePound.com is forging a joint venture with the low-cost carrier (LCC) SpiceJet, in which the latter would have a majority...

Fin Tech to sell 9.55% stake in MCX Financial Technologies India (FTIL), the key promoter of Multi Commodity Exchange (MCX), has decided to sell 3.55%, 5% and 1% equity stake to ICICI, IL&FS, Kotak, respectively, at...

Turner International buys 26% in Miditech Turner International (Turner), a Time Warner company, has acquired about 26% in Miditech, one of India’s leading production houses, from ICICI Venture. Miditech was...