HeidelbergCement may buy 20% in Gujarat Sidhee German cement major HeidelbergCement is close to picking up a 15-20% stake in the Mehta group-promoted Gujarat Sidhee Cement. The two companies have been in talks for some...
Sanmar group buys Egyptian co for Rs 900 cr
Sanmar group buys Egyptian co for Rs 900 cr The Sanmar Group today announced two separate international acquisition agreements – one for a chemicals business of an Egyptian company for $200 million (Rs 900 crore)...
Essar Steel likely to pick up 20% stake in Australian firm
Essar Steel likely to pick up 20% stake in Australian firm Essar Steel, the third-largest private steel player in the country, is in talks with the Australia-based Cape Lambert Iron Ore (CFE) to acquire a significant...
SumTotal to buy MindSolve
SumTotal to buy MindSolve SumTotal Systems, a talent and learning technology solutions provider, has announced it has acquired MindSolve Technologies Inc., a privately held provider of performance management software...
Shloka Infotech Board approves Scheme of Amalgamation
Shloka Infotech Board approves Scheme of Amalgamation Shloka Infotech Ltd has informed BSE that the Board of Directors of the Company at its meeting held on November 16, 2006 has considered and approved a Scheme of...
Zee TV buys 50% in Dubai’s Ten Sports
Zee TV buys 50% in Dubai’s Ten Sports India’s largest listed media firm, Zee Telefilms Ltd., said on Monday it had bought 50 percent in Dubai-based Taj Television’s Ten Sports channel for an...
3i Infotech acquires US firm for Rs 54 cr
3i Infotech acquires US firm for Rs 54 cr 3i Infotech has acquired majority stake in the US-based business Professional Access as well as in the India-based E-Enable, a company engaged in business intelligence. 3i...
India Inc’s M&As without a goal?
India Inc’s M&As without a goal? Wipro chairman Azim Premji expects every one of his business heads to grow topline and bottomline quarter after quarter. But for one man, Sudip Nandy, chief strategy officer...
Zee buys 50% in Ten Sports
Zee buys 50% in Ten Sports Zee Telefilms has acquired a 50 per cent stake in Ten Sports at an enterprise valuation of $114 million (or $57 million for the stake sold), from Dubai-based Taj Television. The deal will help...
Zee bags Ten Sports in Rs 256-crore deal
Zee bags Ten Sports in Rs 256-crore deal Strengthening its position in sports broadcasting, the Subhash Chandra-promoted Zee Telefilms has acquired 50% stake in Dubai-based Taj TV, which owns Ten Sports, in an all-cash...
RCF to buy Kuwait petro firm pie
RCF to buy Kuwait petro firm pie The government-owned Rashtriya Chemicals & Fertilizers (RCF), in its first-ever overseas acquisition plan, is eying a significant stake in a Kuwait-based oil and petrochemical major...
Bank consolidation set to gain pace this year
Bank consolidation set to gain pace this year Big is beautiful is the singular message from the Reserve Bank of India (RBI) which has come strongly in favour of consolidation in the banking industry. The central bank...
