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...
India Inc’s global M&A drive
India Inc’s global M&A drive When Tata bid for Corus it appeared as if it was ‘game, set and match’ for the Indian stalwart. Now that there are a few points still to be played in that...
Ranbaxy buys SA firm Be-Tabs for $70 million
Ranbaxy buys SA firm Be-Tabs for $70 million Ranbaxy Laboratories has consolidated its position in the South African pharmaceutical market by acquiring Be-Tabs Pharmaceuticals (Pty) Ltd, the fifth largest generic player...
Videocon submits bid to partner Webel for TV unit
Videocon submits bid to partner Webel for TV unit The Videocon group has submitted a bid to the West Bengal government to become a joint venture partner for Webel Consumer Electronics (WCEL), the television...
Reliance acquires Adani Retail
Reliance acquires Adani Retail Is this the Wal-Mart effect? Reliance Retail is making its first acquisition by buying out Gujarat-based Adani Retail lock, stock and barrel for Rs 100-110 crore. It seems the Mukesh...
Tata Steel, NYK in 50:50 shipping JV
Tata Steel, NYK in 50:50 shipping JV Close on the heels of announcing a bid to acquire UK-based steel company Corus, the country’s largest private steel firm Tata Steel Ltd on Monday signed an agreement with...
Media Video de-merges real estate unit
Media Video de-merges real estate unit Consumer electronics company Media Video Ltd announced on Monday the de-merger of its real estate division into a new company — MVL Infrastructure Ltd. The 25-year-old Media...
CyberMedia acquires 49% stake in US content provider
CyberMedia acquires 49% stake in US content provider CyberMedia has acquired a 49 per cent stake in American content service provider Publication Services Inc (PSI) through its wholly owned US subsidiary, CyberMedia...
