McLeod, Moran Tea merger at 4:1 The boards of directors of both McLeod Russel India Ltd and Moran Tea Company (India) Ltd at meetings here on Tuesday approved the ratio at which the shares will be swapped following the...
Grasim divests Shree Digvijay Cement stake for Rs 322 cr
Grasim divests Shree Digvijay Cement stake for Rs 322 cr Grasim Industries Ltd, an Aditya Birla flagship company, has divested its entire equity holding of 53.63 per cent in Shree Digvijay Cement Company Ltd (SDCC) to...
Ybrant acquires Israeli firm Oridian for $13 m
Ybrant acquires Israeli firm Oridian for $13 m Digital marketing services company Ybrant Technologies Ltd has announced the acquisition of Oridian, the Israeli online media solutions provider, for $13 million in an all...
Biyani to pick up 4.9% in Dish TV
Biyani to pick up 4.9% in Dish TV Kishore Biyani’s Indivision Capital, the private equity arm of Future Capital, announced that it would buy 4.9 per cent in Subhash Chandra’s direct-to-home (DTH) business...
Phoenix Mills acquires 60% in Big Apple Real Estate
Phoenix Mills acquires 60% in Big Apple Real Estate Phoenix Mills Ltd (Phoenix) has acquired 60 per cent in Delhi-based Big Apple Real Estate Pvt Ltd (Big Apple), the owners of the United Malls brand. The stake is being...
Gulf investors pick up 18% in Parekh Aluminex
Gulf investors pick up 18% in Parekh Aluminex A slew of institutional investors from the Middle East —Oman Pension Fund, Emirates Industrial Development, Gulfar, Tawoos and four other institutions — are...
BT to buy Singapore’s Frontline for $140 mn
BT to buy Singapore’s Frontline for $140 mn BT, the UK telecom giant, will buy Singapore computer services firm Frontline Technologies for S$202 million ($139.8 million), the Singapore firm said on Wednesday. BT...
Portuguese firm buys Digvijay Cement
Portuguese firm buys Digvijay Cement Grasim Industries sells unit to Cimpor for Rs 322 crore Grasim Industries, a part of the Aditya Birla group, has decided to sell 53.3 per cent stake in Shree Digvijay Cement Company...
Blue Star to buy electrical contracting firm
Blue Star to buy electrical contracting firm Cooling solutions firm Blue Star Ltd said on Wednesday its board has approved buying electrical contracting firm, Naseer Electricals Pvt Ltd, for an undisclosed sum. The...
Ganesh Housing – Hon’ble High Court of Gujarat approves Scheme of Amalgamation
Ganesh Housing – Hon’ble High Court of Gujarat approves Scheme of Amalgamation Ganesh Housing Corporation Ltd has informed BSE that the Hon’ble High Court of Gujarat at Ahmedabad has approved the...
Rapaport group acquisition
Rapaport group acquisition The US-based Rapaport Group has acquired a 50 per cent stake in the jewellery magazine The Art of Jewellery. Bangalore-based The Art of Jewellery also organises the annual South India...
Bajajs make open offer for BEL pie at Rs 389
Bajajs make open offer for BEL pie at Rs 389 To consolidate promoters’ holdings, the Bajaj Brothers — Rahul, Shekhar, Madhur and Niraj — have made an voluntary open offer to acquire 12.10 lakh shares...
