Blue Star board okays acquisition Blue Star Ltd’s board of directors has approved a proposal for the acquisition of the businesses of Naseer Electricals Private Ltd, a leading electrical contracting firm, as a...
daily
Axon Infotech completes 51% stake acquisition of Quasar Innovations
Axon Infotech completes 51% stake acquisition of Quasar Innovations Axon Infotech Ltd has announced that the Company has formally completed the acquisition of 51% stake in Bangalore based M/s. Quasar Innovations Pvt Ltd...
CVC buys 7% stake in Shiv-Vani Oil for Rs 100 Cr
CVC buys 7% stake in Shiv-Vani Oil for Rs 100 Cr Global private equity major Citi Venture Capital (CVC) has picked up nearly 7% stake in Delhi-based oil and gas company Shiv-Vani Oil and Gas Exploration Services for Rs...
GTL arm buys 100% stake in US services firm
GTL arm buys 100% stake in US services firm GTL International, the wholly owned subsidiary of GTL, has acquired 100 per cent stake in Strategic Communication Services (SCS), a network deployment company in North...
Ybrant acquires Israeli firm for $13mn
Ybrant acquires Israeli firm for $13mn Hyderabad-based emarketing solutions company, Ybrant Technologies, is acquiring Israeli online media solutions company, Oridian, for $13 million (approximately Rs 52 crore). A...
Mahindra Forgings merger plan
Mahindra Forgings merger plan Mahindra Forgings Ltd has said that the Bombay High Court has approved the scheme of arrangement envisaging amalgamation of Mahindra Stokes Holding Company Ltd, Mahindra Forgings Overseas...
Maharashtra Seamless to buy Romanian plant
Maharashtra Seamless to buy Romanian plant Maharashtra Seamless (MSL), the flagship company of Rs 3,000-crore DP Jindal Group, is close to acquiring the seamless pipes plant of SC Republica SA in Romania. The deal size...
McLeod, Moran Tea merger at 4:1
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...
Godrej plans overseas acquisitions
Godrej plans overseas acquisitions Riding high on the rupee appreciation, Godrej Consumer Products, a manufacturer of personal care items, is looking to make overseas acquisitions. "A rising rupee is a good time to...
