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‘Bid for Corus may be revised’ Indicating that Tatas could revise their 4.7 billion pounds bid for takeover of Corus, Group Chairman Ratan Tata on Thursday said he was not sitting on an "ego issue"...

Precision Group buys out UK partner in joint venture The Precision Group, manufacturer of camshafts, has acquired its UK partner’s stake in Clancey Precision Components Private Ltd (CPCPL), Mr Yatin Shah, Managing...

M&M, Tafe eye Actis’ 29% in Punjab Tractors Tractor companies Mahindra & Mahindra (M&M) and Tafe are interested in buying private equity fund Actis’ 29% stake in Punjab Tractors (PTL)...

Oracle gets low response for i-flex open offer Enterprise software leader Oracle has received a low response to its open offer for 2.83 crore shares of banking software firm i-flex Solutions as some shareholders have...

Sun TV equity shareholders to approve Scheme of Amalgamation & Arrangement Sun TV Ltd has informed BSE that pursuant to the Order of Hon’ble High Court of Judicature at Madras, a meeting of the equity...

Vodafone, Essar set for bid As top bosses of Vodafone and Essar arrived in Hong Kong to negotiate a deal for acquiring Hutchison Telecom’s Indian business, its parent company has indicated it will not consider any...

3i Infotech eyes cos with products in insurance With close to 19 acquisitions tucked in its belt, 3i Infotech (formerly ICICI Infotech) is now on the look out for acquiring companies with software products in life...

UB earmarks $1bn for overseas acquisition UB Group said it has earmarked $1 billion for overseas acquisition and did not deny plans for taking over Scottish whisky company Whyte & Mackey as part of its plans to...

Shri Lakshmi Cotsyn in JV with UK firm Shri Lakshmi Cotsyn has formed a joint venture (JV) company with UK-based Armet Armored Vehicles for manufacturing armoured vehicles and other safety and security related equipment...

Bharti may hive off telecom facilities Bharti Airtel is looking at hiving off its telecom infrastructure into four companies to attract strategic and financial investors. Telecom infrastructure includes physical...

Decks cleared for BHPV-BHEL merger Decks have been cleared for the merger of Visakhapatnam-based loss-making public sector undertaking Bharat Heavy Plate and Vessels Limited (BHPV) with state- owned Bharat Heavy...

Dr Lal Path Labs eyes acquisitions in Gujarat Dr Lal Path Labs Private Limited (LPL), the country’s oldest clinical pathology and diagnostic services company, is eyeing acquisition of standalone players in the...