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Hutch cup final: Vodafone takes on RCL Let’s take a Christmas break. As India-born Vodafone chief executive Arun Sarin, with the backing of his board, prepares to take on Anil Ambani for control of Hutch...

M&M to acquire German forgings co Mahindra & Mahindra (M&M) has said that it has agreed to acquire 90.47 per cent stake in German forging company Schoneweiss & Co GmbH of Germany for an undisclosed...

Tata Steel gets EU approval to buy Corus The European Union on Friday cleared the proposed takeover of British steelmaker Corus Group PLC by India’s Tata Steel. The European Commission’s antitrust office...

Vodafone ropes in UBS as advisor Likely to make an all-cash bid for Hutchison Essar. Vodafone has set the ball rolling for acquisition of a “controlling interest” in Hutchison Essar by appointing the UBS...

DuPont, Biocon keen to move into Genome Valley The Genome Valley project, promoted by the Andhra Pradesh Government to make the State a hub for biotechnology companies, will get a shot in the arm with major companies...

Actis initiates talks to offload its stake in Punjab Tractors UK-based private equity firm Actis is learnt to be looking for an exit option for its stake in Punjab Tractors Ltd. According to industry sources, financial...

Arcelor Mittal buys Mexican co for $1.4 bn Arcelor Mittal, the world’s largest steelmaker, will expand its leading position in Mexico with the purchase of integrated steel producer Sicartsa from Grupo Villacero...

Maruti Udyog: A godsend for Suzuki and India As the Indian government looks to shed its final 10 per cent stake in Maruti Udyog Ltd, few will recall the fortuitous chain of events that got the automaker up and running a...

Actavis buys Grandix plant Actavis Group is to acquire a manufacturing plant from the Chennai-based Grandix Pharmaceuticals, for an undisclosed amount, an official release said. The company intends to increase the...

INOX Leisure equity shareholders to approve Scheme of Amalgamation INOX Leisure Ltd has informed BSE that pursuant to the Order of Hon’ble High Court of Gujarat at Ahmedabad, a meeting of the equity shareholders...

Marico buys HairCode brand in Egypt Marico has entered into a strategic alliance with Cairo-based Pyramids Group for buying its hair care brand HairCode. According to a release issued by Marico to the BSE today...

Essar Shipp buys rig for Rs 1000 crore Marking its re-entry in offshore drilling business, Essar Shipping and Logistics (ESOL), through its subsidiary Essar Oilfields Services, has acquired a semi-submersible rig for $...