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...
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Indian Hotels buys 11.5 pc stake in Orient-Express for $247mn
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...
Volvo forms joint venture with Eicher
Volvo forms joint venture with Eicher Domestic commercial vehicles manufacturer Eicher Motors Limited (EML) on Monday signed a Letter of Intent to form a separate joint venture for its commercial vehicles and components...
Voltas buys shares in two joint ventures
Voltas buys shares in two joint ventures In order to exploit the opportunities in the electro mechanical and refrigeration products segment, Voltas Ltd has acquired 51 per cent shares from its joint venture partner...
Voltas to buy out 2 firms
Voltas to buy out 2 firms Voltas, a Tata Group company, today announced that it will acquire the remaining equity stake in two companies, Universal Comfort Products (UCPL) and Saudi Ensas Company (SECL), from its joint...
Essar to pay Rs 600 cr for Shree Precoated
The Ruias-owned Essar Steel on Tuesday agreed to acquire the fixed assets and long-term liabilities of Mumbai-based Shree Precoated Steels for a little more than Rs 600 crore, a move that could signal the return of...
Voltas to buy out remaining stake in jt venture firms
Voltas to buy out remaining stake in jt venture firms Voltas Ltd, a Tata group company on Monday said that it will acquire remaining stake in Universal Comfort Products Ltd (UCPL) and Saudi Ensas Company Ltd (SECL)...
Taro to vote on Sun Pharma merger soon
Taro to vote on Sun Pharma merger soon After being postponed twice over, Taro Pharmaceutical has said that it expects to hold its shareholder meeting to vote on the proposed merger with Sun Pharmaceuticals during the...
Gulf stream may sweep over Jaguar-Rover sale
Gulf stream may sweep over Jaguar-Rover sale There may be a group of mystery Gulf investors backing one of the three bidders in the fray for Jaguar and Land Rover. Although the identity of these investors isn’t...
House of Pearl buys 50% in UK co
House of Pearl buys 50% in UK co House of Pearl Fashions Ltd (HOPFL) has acquired 50 per cent stake in the UK-based marketing company, FX Imports Ltd, through its subsidiary in the UK – Poeticgem Ltd. HOPFL would...
Tata Power, Monnet Ispat, Jindal Photo to form coal JV
Tata Power, Monnet Ispat, Jindal Photo to form coal JV The Tata Power Company (TPC), Monnet Ispat and Energy and Jindal Photo Film are forming a joint venture company to develop a 290-million tonne (MT) coal mine at...
DP Jindal buying Romanian co
DP Jindal buying Romanian co Maharashtra Seamless Ltd (MSL) has announced that DP Jindal group, one of the largest producers of seamless pipes in India, is buying another seamless plant in Romania having a capacity of...
