Delhi Court okays Indiabulls demerger The Delhi High Court has approved the demerger of real estate business of Indiabulls Financial Services Ltd to Indiabulls Real Estate Ltd. "Upon the scheme of demerger being...
Sequoia picks up 1.5% in Idea for $48m
Sequoia picks up 1.5% in Idea for $48m Sequoia Capital is learnt to have picked up about 1.5% stake in Idea Cellular for around $48 million. According to sources, this transaction has taken place at a higher price as...
Panacea Biotec acquires 10 pc stake in UK co
Panacea Biotec acquires 10 pc stake in UK co Panacea Biotec Ltd has acquired a 10 per cent in UK-based liquid vaccine developer Cambridge Biostability Ltd (CBL) for around Rs 17 crore (£1.935million) through a...
Indiabulls Financial – Hon’ble High Court, Delhi sanctions Scheme of Arrangement
Indiabulls Financial – Hon’ble High Court, Delhi sanctions Scheme of Arrangement Indiabulls Financial Services Ltd has informed BSE that the Hon’ble High Court of Delhi at New Delhi vide its order...
WPP merges R+K with Enterprise IG
WPP merges R+K with Enterprise IG Enterprise IG, the WPP group’s design consultancy firm, has merged the Bangalore-based Ray+ Keshavan with Itself. WPP had acquired the Bangalore-based Ray+Keshavan last month. The...
Panacea Biotec & Cambridge Biostability, UK sign Joint Venture & licensing Agreement
Panacea Biotec & Cambridge Biostability, UK sign Joint Venture & licensing Agreement Panacea Biotec Ltd has informed BSE that, Cambridge Biostability Ltd ("CLB" or "Cambridge Biostability")...
Arcelor Mittal to hive off German plant
Arcelor Mittal to hive off German plant Global steel maker Arcelor Mittal on Wednesday said it will sell its German steel plant to a Spanish company for 591 million euro as part of commitments to address anti-trust...
Hero into M&A gear for 4-wheel spares foray
Hero into M&A gear for 4-wheel spares foray Hero group is charting an aggressive foray into auto components for four-wheelers and will consider overseas and domestic M&As to grow that business. Speaking to ET...
Tatas set to pick 7.5% in SpiceJet for Rs 90 crore
Tatas set to pick 7.5% in SpiceJet for Rs 90 crore After an abortive bid to enter domestic aviation with Singapore Airlines almost a decade ago, Ratan Tata’s ambition to join the sector may finally become a...
Govt to buy RBI`s stake in SBI: FM
Govt to buy RBI`s stake in SBI: FM Finance Minister P Chidambaram today said the government intended to buy the Reserve Bank of India’s (RBI’s) 59.73 per cent stake in the country’s largest bank, State...
Tatas revise bid for Corus to $9.2bn
Tatas revise bid for Corus to $9.2bn Tatas today raised the offer to acquire Corus Group Plc to $9.2 billion from the original $8.1 billion and the Board of the Anglo-Dutch steelmaker has recommended the higher bid to...
Tatas raise Corus takeover bid to 9.2 bn dollar
Tatas raise Corus takeover bid to 9.2 bn dollar Tatas on Monday raised the offer to acquire Corus Group Plc to 9.2 billion dollars from the original 8.1 billion dollars and the Board of the Anglo-Dutch steelmaker has...
