HCL Tech forms JV with Canadian company IT services company HCL Technologies has formed a joint venture with Canada-based electronics manufacturer Celestica Inc to provide complete concept-to-manufacturing solutions...
NFCL picks equity in Kakinada Fert
Nagarjuna Fertilizers & Chemicals Ltd (NFCL) has decided to acquire 50,000 equity shares of Rs 10 each amounting to Rs 5 crore in the equity share capital of Kakinada Fertilizers Ltd (KFL), a company involved in...
Uma Precision acquires Australian firm
Uma Precision acquires Australian firm Precision engineering components manufacturer Uma Precision Ltd (UPL) has acquired Australia’s Edwards Repetition Pty Ltd (Edwards) for a consideration of Australian $1.35...
Talks on with MTN on deal: Bharti
Bharti Airtel today said it is still in talks with South Africa’s MTN over a deal which could see a merger of the two telecom giants that have a combined revenue of $20 billion. The two companies would be in...
We are not interested in hostile takeover: YC Deveshwar
ITC was not trying to increase its stake in EIH, the Oberoi Group flagship company, said YC Deveshwar, chairman, ITC, at the annual general meeting of the company in Kolkata on Friday. ITC owns a little more...
SC allows Daiichi Sankyo open offer for Zenotech
The Supreme Court today allowed Japanese pharma firm Daiichi Sankyo to go ahead with the public offer for an additional 20 per cent stake in Zenotech Laboratories. A Bench headed by Chief...
Ceat – Acquisition of Shares
Ceat Ltd has informed BSE that the Board of Directors of the Company at its meeting held on July 24, 2009, has decided, subject to the requisite approvals, to acquire entire 36.84% shareholding of Associated CEAT...
United Spirits – Updates on Scheme of Amalgamation
United Spirits Ltd has informed BSE that pursuant to the Scheme of Amalgamation between Shaw Wallace & Company Ltd (SWC), Primo Distributors Pvt Ltd (Primo) and United Spirits Ltd (Scheme) sanctioned by the...
Tata Daewoo going strong; lines up growth plans
Tata Daewoo going strong; lines up growth plans Tata and Daewoo trucks parked outside the Tata Daewoo Commercial Vehicle Company’s plant in Gunsan, about 250 km southwest of Seoul. – N. Ramakrishnan Recently...
to finalise M&A guidelines for insurance sector soon
Insurance Regulatory and Development Authority (IRDA) today said it is likely to finalise mergers and acquisitions (M&A) guidelines for the sector in the next few months. "It (guidelines) would be finalised...
Ipca & Makers hike stake in Mangalam Drugs to 14%
Ipca & Makers hike stake in Mangalam Drugs to 14% Mumbai-based mid-size pharma company Ipca Laboratories along with Makers Laboratories has picked up additional stake in bulk drugs and chemicals manufacturer...
Leela eyes stake in Actis Biologics
Leela eyes stake in Actis Biologics Leela Ventures, the hospitality and real estate group, is likely to enter biopharmaceuticals. The company is picking up a minority stake in Actis Biologics Private Ltd, the Indian...
