daily

Hindalco targets S American mines Birla group firm aims to raise captive supplies for copper from 40% to 60%. Hindalco Industries, an Aditya Birla group company, is scouting for copper mines in Columbia, Peru and...

Philips open to acquisitions in India’ Royal Philip Electronics, which recently acquired the American light maker Genlyte, is open to inorganic growth in India. Mr Gerard J. Kleisterlee, President and CEO, Royal...

Oil marketing companies get nod to buy stake in OIL State-owned oil marketing companies – Indian Oil Corporation, Hindustan Petroleum Corporation and Bharat Petroleum Corporation – have got their respective...

DLF – Adrian Zecha & DLF Partner to acquire AMAN Resorts DLF Ltd has informed BSE that Adrian Zecha, Founder and Chairman of Aman Resorts announced that he has formed an equal partnership with the Company...

United Spirits, Shaw Wallace merger at 4:17 ratio United Spirits, the flagship spirits company of the UB Group, today set a merger ratio of 4:17 to complete the merger process of Shaw Wallace with itself. Accordingly...

Pyramid Saimira buys 51% in Dimple Cine Pyramid Saimira has acquired 51% stake in the Mumbai-based advertising firm, Dimple Cine. Dimple Cine is having presence all over India and is a one-stock cinema solution provider...

Tata Steel sets up ‘group centre’ to address key functions Tata Steel has identified key functions to be performed with a common approach across the steel major’s group and has set up a ‘group...

Konark Synthetic equity shareholders to approve Scheme of Amalgamation Konark Synthetic Ltd has informed BSE that pursuant to the order made by the Hon’ble High Court of Judicature at Bombay, a meeting of the...

RSWM to hive off investment unit RSWM Ltd has said that the committee comprising the board of directors has approved the Scheme of Arrangement under the Companies Act, 1956 for demerger of its strategic investment...

Nirma acquires Searles Valley of US Ahmedabad, Nov. 27 Gujarat-based Nirma Ltd has entered into a definitive agreement for the acquisition of the US-based natural soda ash producer Searles Valley Minerals Operations Inc...

GMR arm buys stake in Nepal co GMR Infrastructure Ltd has informed BSE that GMR Energy Ltd, the company’s wholly owned subsidiary, had entered into a share purchase and joint venture agreement to acquire 80 per...

Valuemart Info Tech acquires Datatalk Valuemart Info Technologies Ltd has informed the BSE that the company has acquired a 74% stake in Datatalk Services (India) Pvt Ltd, a Bangalore based IT & BPO company. The...