Kalindee Rail – Hon’ble High Court of Delhi approves Scheme of Amalgamation Kalindee Rail Nirman Engineers Ltd has informed BSE that Company’s petition to Hon’ble Delhi High Court was listed for...
Tatas may acquire 26% stake in Nagarjuna refinery for Rs 400cr
Tatas may acquire 26% stake in Nagarjuna refinery for Rs 400cr The Tata group is believed to be close to buying a stake in Nagarjuna group’ oil refinery project for about Rs 400 crore, a senior official of the...
L&T to buy 10% in City Union Bank
L&T to buy 10% in City Union Bank Engineering major Larsen & Toubro will pick up nearly a 10 per cent stake in the Kumbakonam-based City Union Bank for Rs 45 crore. The company will subscribe to the preferential...
Thomas Cook to acquire TCI
Thomas Cook to acquire TCI Thomas Cook India on Friday said that it would acquire Travel Corporation (India) Pvt Ltd (TCI) for Rs 182.45 crore. In addition to acquiring TCI, Thomas Cook also plans to acquire TT...
Man Industries equity shareholders & secured creditors approve Scheme of Demerger
Man Industries equity shareholders & secured creditors approve Scheme of Demerger Man Industries India Ltd has informed BSE that the secured creditors and equity shareholders of the Company at their respective court...
Ranbaxy buys SA-based Be-Tabs for $70mn
Ranbaxy buys SA-based Be-Tabs for $70mn Ranbaxy Laboratories has acquired Be-Tabs Pharmaceuticals, the fifth-largest generics company in South Africa, for $70 million. According to an official release issued by the...
Ybrant acquires MediosOne
Ybrant acquires MediosOne Ybrant Technologies Ltd on Wednesday announced it has acquired MediosOne, an Internet advertising network focused on global consumer base. The Colorado-based business facilitates Internet...
Ranbaxy acquires South African firm for Rs 315 cr
Ranbaxy acquires South African firm for Rs 315 cr In yet another overseas takeover, India’s largest drug maker Ranbaxy on Monday acquired South African drug firm ‘Be-Tabs Pharmaceuticals (Pty) Ltd’ for...
Mittal buys 3.33 pc stake in Indiabulls
Mittal buys 3.33 pc stake in Indiabulls Steel king Lakshmi Niwas Mittal has bought 3.33% in Indiabulls Infrastructure Development for Rs 111.75 crore in a move that gives him a foothold in the country’s fast...
Nod for Indo Rama Petro merger plan
Nod for Indo Rama Petro merger plan The board of Indo Rama Synthetics (India) Ltd (IRSL) today gave in-principle approval for an evaluation of the proposal for the merger of Indo Rama Petrochemicals Limited (IRPL) with...
LN Mittal, Farallon Cap pick 13.33% in Indiabulls Infra
LN Mittal, Farallon Cap pick 13.33% in Indiabulls Infra Steel magnate Mr L.N. Mittal, and a wholly owned unit of San Francisco based Farallon Capital, the world’s largest investment fund, have together acquired a...
Delisting norms need modifications
Delisting norms need modifications Securities need to be categorised in terms of their trading frequency and illiquid ones penalised M R MAYYA The recently announced draft norms for delisting companies from stock...
