daily

Reliance Brands to form JV with Italy’s Sixty Group Mukesh Ambani-led Reliance is moving into the fashion high street. The recently floated Reliance Brands Pvt Ltd, a subsidiary of Reliance Retail, is inking a...

Centurion Bank eyeing NBFC Centurion Bank, which recently acquired Lord Krishna Bank(LKB), would be once again looking for an inorganic growth opportunity. Besides banks, Centurion Bank could also be looking to buy out...

Indiabulls buys Piramyd Retail Indiabulls Wholesale Services, the retail arm of Indiabulls Real Estate, has acquired Piramyd Retail, a company owned by the Ashok Piramal Group which runs 35 neighbourhood retail stores...

Stemcor, Ispat form Rs 900 crore JV To set up coke oven plant near Mumbai in which the UK company will hold 76 per cent stake UK-based Stemcor and steel major Ispat Industries have entered into a joint venture (JV) to...

Voltas to get full control in JVs Universal Comfort, Saudi Ensas Fedders International Air-conditioning has decided to offload its 50 per cent stake in joint venture company, Universal Comfort Products, to partner...

M&A deal sizes to touch $80-billion this year The spurt in mergers and acquisitions (M&A) activity being witnessed since the last couple of years, involving Indian companies, is expected to touch a combined deal...

Indian Hotels buys 11.5 pc stake in Orient-Express for $247mn Indian conglomerate Tata group has raised its stake to 11.5 per cent in Orient-Express Hotels, while proposing a strategic tie-up with the owner of numerous...

ArcelorMittal to form JV with GVK Power ArcelorMittal is set to form a joint venture (JV) with power producer GVK Power for a 12 million tonne (MT) greenfield coal project in Jharkhand. The JV is likely to be set up in...

Maharashtra Seamless to buy plant in Romania Maharashtra Seamless Ltd said on Thursday that it is buying a seamless pipes plant in Romania with capacity of 2,00,000 tonnes per annum. It did not disclose the name of the...

Rain Calcining merger record date Rain Calcining Ltd has said that the board of directors of Rain Commodities Ltd (Transferee Company) at its meeting held on December 6, fixed January 2, 2008 as the record date for...

Rasna to buy Bangla firm Soft drink concentrate maker Rasna is close to acquiring a distribution company in Bangladesh. Rasna executives, however, did not disclose the name of the target company and the deal size...

Kaashyap to decide on US co buy on Dec 14 Kaashyap Technologies Ltd’s board of directors will meet on December 14 to consider the proposal of acquisition of the US-based SAP centric/focus company which has a...