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Future picks up 70% stake in canada’s faces Indivision, the Mauritius-based private equity fund of Future Capital, has bought a 70% stake in Faces Cosmetics, a Canadian high-end cosmetics company listed in the UK...

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...

Sintex Industries acquires Nero Plastics Sintex Industries has acquired Nero Plastics Inc, a custom molder of low and medium volume structural plastic and composite components. The acquisition was made by downstream...

Shaw Wallace to merge with United Spirits Spirits maker Shaw Wallace & Co Ltd said on Thursday that its board had approved merging the company with group firm United Spirits Ltd. Shaw Wallace shareholders would get...

IFCI to sell about 20% stake to IFC Holding a carrot in front of potential strategic investors, the IFCI board has decided to bring in multilateral institution International Finance Corporation (IFC) as an investor...

Kumars eyes UK-based fashion firm Textile firm S Kumars is learnt to be in advanced stage of negotiations to acquire a UK-based fashion outfit. The company is controlled by NRIs, said a source. The company supplies a...

Deccan may hive off aviation charter unit Deccan Aviation, in which Vijay Mallya’s UB group has picked up 46 per cent stake, may hive off its aviation chartering business into a separate entity. Deccan sources...