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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...

MSL to buy Romania-based seamless plant Maharashtra Seamless (MSL) – a flagship company of the Rs 3,000 crore turnover DP Jindal Group – announced that the parent company is acquiring Romania-based seamless...

Taro to vote on merger with Sun in Q1 Taro Pharmaceutical Industries’ crucial shareholder meeting to vote on the proposed merger with India’s Sun Pharma will be held in the first quarter of 2008, the Israeli...

Jamna Auto – Hon’ble High Court of Punjab & Haryana at Chandigarh approve Scheme of Amalgamation Jamna Auto Industries Ltd has informed BSE that the Hon’ble High Court of Punjab & Haryana at...

Eicher Motors signs pact with Volvo for jt venture Truck maker Volvo said on Monday that it had signed a letter of intent to set up a new truck and bus joint venture with Eicher Motors Ltd. Volvo said in a statement...

Hindustan Unilever sells Modern Foods to Switz Group Middle East-based Switz Group, owned by Mumbai’s Khorakiwala family, is set to buy Modern Foods from Hindustan Unilever (HUL), bringing an end to the Anglo...

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 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 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 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 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...