Wal-Mart enters India with Bharti In keeping with its strategy of partnering global companies for business forays, Bharti Enterprises today said it had initialled an agreement with Wal-Mart Stores, Inc for a retail...
CSN to go for the kill before Dec 4
CSN to go for the kill before Dec 4 The boss of CSN told a British newspaper on Friday the Brazilian steel maker would like to be in a position to make a formal bid for Corus before December 4. On that date, the...
Sun TV to merge Gemini, Udaya with itself
Sun TV to merge Gemini, Udaya with itself Television broadcaster, Sun TV Ltd., said on Monday its board approved the merger of satellite television company, Gemini TV Pvt. Ltd. with itself. The board also approved...
GoM meeting on AI-Indian merger today
GoM meeting on AI-Indian merger today Aiming at a "painless" merger of Air India and Indian, a Group of Ministers will hold its first meeting on Monday to study the consultant’s recommendations on the...
NTPC may pick up 49 pc equity in TELK
NTPC may pick up 49 pc equity in TELK The National Thermal Power Corporation (NTPC) is likely to pick up 49 per cent equity in the State-owned Transformers and Electricals Kerala Ltd (TELK). This will mean the Kerala...
Bharti’s Wal-Mart deal within 2 days
Bharti’s Wal-Mart deal within 2 days The Bharti-Wal-Mart alliance in the retail sector is set to be signed and delivered in the next few days. Sources close to the development say that an announcement could take...
UTV Software plans television JV with Astro Multimedia
UTV Software plans television JV with Astro Multimedia UTV Software Communications Ltd said on Monday that it plans a television joint venture with a unit of Malaysia’s Astro All Asia Networks Plc., marking its...
Bharti, Walmart to announce tie-up for retail foray
Bharti, Walmart to announce tie-up for retail foray The Bharti Group will on Monday announce a tie-up with Walmart for its retail operations, under which the world’s largest retailer would manage the back end...
Newbridge may acquire Sigma Electric for $150m
Newbridge may acquire Sigma Electric for $150m US-BASED private equity player Newbridge is in talks to acquire Sigma Electric Manufacturing Corporation. The deal size is estimated around about $150 million and talks...
Sino-Indian JV to acquire oil assets overseas
Sino-Indian JV to acquire oil assets overseas Energy-hungry India and China, often fierce rivals in the race for global oil and gas supplies, have agreed to form a joint venture company for acquisition of hydrocarbon...
M&M buys 66 per cent stake in DGP Hinoday
M&M buys 66 per cent stake in DGP Hinoday India’s top utility vehicle maker, Mahindra & Mahindra Ltd has bought a 66 per cent stake DGP Hinoday Industries Ltd, a local casting company, for an undisclosed...
CSN combine corners 20% in Corus
CSN combine corners 20% in Corus Companhia Siderurgica Nacional (CSN), the Brazilian rival of India’s Tata Steel in its bid for Corus, has now cornered as much as 20% in the Anglo-Dutch steelmaker through its...
