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3i Infotech acquires majority stake in Linear 3i Infotech has acquired a majority stake in Linear Financial & Management Systems (Linear), a Delhi-based BPO (Transaction services) company. Linear carries on its...

3i Infotech acquires majority stake in Linear Financial Software services firm 3i Infotech Ltd on Tuesday said that it has acquired a majority stake in Delhi-based BPO (Transaction services) Linear Financial &...

Future Cap arm buys Interarch for Rs 100 cr Indivision, a private equity arm of Future Capital Holdings, has picked up 13.3 per cent stake in New Delhi-based Interarch Building Products for Rs 100 crore. The transaction...

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...

Grasim to divest stake in Digvijay Cement to Cimpor Aditya Birla Group firm Grasim Industries on Wednesday said it will sell its 53.63 per cent stake in Shree Digvijay Cement Company (SDCC) to Cimpor – Cimentos De...

Bajaj Electricals promoters make open offer for 7% stake Mr Rahul Bajaj and his cousins — Mr Shekhar Bajaj, Mr Madhur Bajaj, and Mr Niraj Bajaj — constituting a section of the promoter group in Bajaj...

Mcleod Russel Board approves Scheme of Amalgamation Mcleod Russel India Ltd has informed BSE that the Board of Directors of the Company at its meeting held on December 04, 2007 has approved the Scheme of Amalgamation of...

iGATE fixes buyback offer price at Rs 410 iGATE Global Solutions said on Tuesday that the offer price for buyback of shares has been fixed at Rs 410 following the conclusion of the bidding process on November 30, 2007...

Soros Fund picks up 5.8% stake in GAEL Soros Fund Management LLC has picked up a 5.8 per cent stake in Ahmedabad-based Gujarat Ambuja Exports (GAEL), which has a market capitalisation of Rs 1,000 crore. Besides the...

Intelenet buys Mauritius co; expands delivery footprint Intelenet Global Services has announced the acquisition of a company in Mauritius, which owns two companies — Upstream and Travelport ISO — all for a...

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...

Mahindra to use weak dollar to buy US factories Anand G Mahindra, CEO of India’s $6 billion Mahindra Group, intends to use the weak US dollar to buy manufacturing plants in "bargain basement" America...