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...
Dabur’s Amit Burman eyes stake in Australian winery
Dabur’s Amit Burman eyes stake in Australian winery Amit Burman of Dabur is headed Down Under to give shape to his fledgling wine interests. Mr Burman, who has floated Nature’s Bounty Wines & Allied...
Orascom talks with Hutch for further stake fail
Orascom talks with Hutch for further stake fail Egypt-based Orascom Telecom Holding’s attempt to increase its presence in the booming Indian cellular market has failed, with its negotiations for merger with...
BHP Billiton JV buys Gulf of Mexico development
BHP Billiton JV buys Gulf of Mexico development Global miner BHP Billiton Ltd./Plc (BHP.AX: Quote, Profile, Research) (BLT.L: Quote, Profile, Research) said on Monday its joint venture has acquired an oil and gas...
M&A norms for insurance sector soon: IRDA chief
The Government seems to be in no hurry to hike the foreign direct investment (FDI) cap in the insurance sector. Indications are that Parliament is unlikely to take up amendments to the Insurance Act in the ongoing...
Airtel still in talks with South Africa’s MTN
India’s leading telecom operator Bharti Airtel is still in talks with South African telecom giant MTN for a possible merger, a top official said on Thursday. "Talks are going on between Bharti Enterprises...
3i Infotech buys controlling stake in two companies
3i Infotech buys controlling stake in two companies Global IT solution provider 3i Infotech has acquired controlling stake in two companies that will help it increase its client base and revenues from developed markets...
AV Birla group on road to recast
AV Birla group on road to recast The Aditya Birla group is on the restructuring road. The conglomerate, is one of India’s largest business houses, is taking steps to reduce its presence in areas like power while...
French Merieux buys Shantha Biotechnics
French Merieux buys Shantha Biotechnics French biotechnology group Merieux Alliance has bought a majority stake in Indian vaccine maker Shantha Biotechnics Ltd in a bid to extend its research and clinical development...
Danske Bank acquires Sampo for $5.15 bn
Danske Bank acquires Sampo for $5.15 bn Danske Bank A/S, the Nordic region’s second-biggest financial institution by market value, agreed to buy Sampo Bank for 30.1 billion Danish kroner ($5.15 billion) in cash...
3M sells pharma business to 4 companies for $2.1bn
3M sells pharma business to 4 companies for $2.1bn 3M, which makes Scotch tape, stethoscopes and electronic road signs, agreed to sell its pharmaceutical division for $2.1bn to focus on products that take less time to...
