Aksh Optifibre creditors to approve Scheme of Amalgamation Aksh Optifibre Ltd has informed BSE that as per the directions of Hon’ble High Court of Rajasthan, at Jaipur, the meetings of the Secured Creditors &...
Atheros Comm plans acquisitions
Atheros Comm plans acquisitions Atheros Communications, US-based wireless networking technology provider, is evaluating options to acquire semiconductor companies in India. Atheros manufactures single chips that are...
Corus defends Tata Steel takeover bid
Corus defends Tata Steel takeover bid Corus chief executive Philippe Varin defended on Friday the 4.3 billion pound ($8.20 billion) agreed takeover offer from Tata Steel that would create the world’s fifth-largest...
Viceroy Hotels shareholders to approve Scheme of Amalgamation / Arrangement
Viceroy Hotels shareholders to approve Scheme of Amalgamation / Arrangement Viceroy Hotels Ltd has informed BSE that as per the directions of the Hon’ble High Court of Andhra Pradesh, a meeting of the shareholders...
Tata acquisition spree abroad sees no limit
Tata acquisition spree abroad sees no limit After acquisitions in steel, tea and IT, domestic conglomerate Tata group is extending its overseas takeover spree in the hotel space as well. With the acquisition of Boston...
Indian Hotels to pay $170 m for Ritz-Carlton of Boston
Indian Hotels to pay $170 m for Ritz-Carlton of Boston Indian Hotels Company Ltd (IHCL), owner of the Taj Group of hotels, on Friday agreed to buy the Ritz-Carlton hotel in Boston for $170 million (Rs 765 crore)...
Govt to decide on Maruti stake sale this month
Govt to decide on Maruti stake sale this month The government will take a decision on the sale of its remaining 10.27 per cent stake, or 2.96 crore shares, in the country’s largest car maker Maruti Udyog Ltd (MUL)...
Indegene buys MedCases
Indegene buys MedCases Indegene Lifesystems, a provider of medical education and medical marketing services, has fully acquired the US-based MedCases LLC, which offers interactive continuing medical education (CME). The...
MSK Projects – Hon’ble High Court, Gujarat approves Scheme of Amalgamation
MSK Projects – Hon’ble High Court, Gujarat approves Scheme of Amalgamation MSK Projects India Ltd has informed BSE that the High Court of Gujarat at Ahemedabad has approved the amalgamation of wholly owned...
Forbes Gokak plans biz restructuring
Forbes Gokak plans biz restructuring Forbes Gokak Ltd has informed the BSE that the board of directors of the company has constituted a committee of directors of the company to examine, in consultation with accounting...
Merieux acquires Shantha Bio
Merieux acquires Shantha Bio Merieux Alliance, the French vaccine major, based in Lyon, has acquired majority stake in the Hyderabad-based, Shantha Biotechnics Ltd (SBL). It has acquired 60 per cent stake in the company...
Indian Hotels – Purchase of Ritz Carlton Hotel in Boston
Indian Hotels – Purchase of Ritz Carlton Hotel in Boston Indian Hotels Company Ltd has informed BSE that the Company had executed a Letter of Intent with the owners of Hotel Ritz Carlton, Boston for outright...
