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...
Punj Lloyd to consolidate engg services into new co
Punj Lloyd is planning to set up a new company to consolidate its engineering skills under one entity and expand its services, according to industry sources. Likely to be based in the Delhi NCR region, the company will...
Hexaware buys FocusFrame
Hexaware buys FocusFrame Hexaware Technologies has completed the acquisition of FocusFrame Inc, a US-based testing consulting firm. FocusFrame Inc — acquired in an all cash deal for $34.3 million (Rs 154.35 crore)...
Is 100% FDI in retail still a distant dream?
Is 100% FDI in retail still a distant dream? SHANTANU NANDAN SHARMA What’s India’s retail therapy? Though the government has so far allowed FDI in single brand products up to 51%, it has not specified...
Accentia Tech earmarks $12 m for buyouts
Accentia Tech earmarks $12 m for buyouts
Accentia Technologies Ltd said on Wednesday it would spend $12 million to buy business process outsourcing firms in the health care space in India, UK and the US
GHCL buys hospitality textile division of Best
GHCL buys hospitality textile division of Best VIVEK SINHA GHCL has struck yet another international acquisition in the textile space. Dan River, US-based textile company which was acquired by GHCL last year, is...
Glenmark to buy generic firm in Europe
Glenmark to buy generic firm in Europe Research-oriented Glenmark Pharmceuticals is close to acquiring a branded generics company in Central Europe. The company, which is currently in the advanced stages of discussions...
