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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 $...

Corus bid in final phase As the British watchdog on takeovers set a deadline of Jan 30 to decide the buyer for Corus between Tata Steel and CSN, it launched an investigation into recent cases of insider trading before...

Gitanjali Gems buys US co Gitanjali Gems Ltd, a Rs 2,500-crore conglomerate, has acquired US-based Samuels Jewellers Inc and the country’s eighth biggest jewellery retailer. The company has acquired a 97 per cent...

Govt to exit Maruti, mop up over Rs 2,700cr The government today decided to completely exit auto major Maruti through the sale of its residual 10.27% stake, which at current market price is expected to fetch the...

Government exits Maruti The government decided to completely exit auto major Maruti through sale of its residual 10.27 per cent stake, which at current market price is expected to fetch the exchequer over Rs 2,700 crore...

India has 1.3% of global M&A deals The value of merger and acquisition activity in India rose to $9.5 billion this year from $5.37 billion in 2005, nearly doubling its share in the global M&A deals to 1.30 per...

Shree Rajasthan Syntex – Updates on Scheme of Amalgamation Shree Rajasthan Syntex Ltd has informed BSE that as per the Scheme of Amalgamation between Shree Rajasthan Texchem Ltd and the Company, the Company shall...

Reliance Life to invest $63.2mn in GeneMedix Mukesh Ambani’s Reliance Life Sciences is planning to invest £32.2 million ($63.2 million) in UK bio-pharmaceutical company GeneMedix Plc. According to a release...

Govt to completely exit from Maruti Government on Thursday decided to completely exit auto major Maruti through sale of its residual 10.27 per cent stake, which at current market price is expected to fetch the exchequer...

WNS plans acquisitions & new verticals WNS, the Mumbai-based Business Process Outsourcing services, is looking at adding new service offerings and acquisitions in the near future. WNS is one of the first BPO...

EIH Associated – Hon’ble High Courts, Madras & Calcutta sanctions Scheme of Amalgamation EIH Associated Hotels Ltd has informed BSE that the Madras High Court and the Calcutta High Court have sanctioned...