Indegene buys US firm Making its second major consolidation in the US market, India’s largest pharma communication solutions company— Indegene Lifesystems has acquired MedCases Inc, a leading medical e...
Polaris looking to acquire firms with 500 people
Polaris looking to acquire firms with 500 people Polaris Software Lab, a Chennai-based IT company, has set a process to acquire companies with up to 500 people. It is looking at a customer relationship-oriented company...
M&As help small pharma cos make it big
M&As help small pharma cos make it big Concord Biotech, a small Ahmedabad-based biotechnology firm, on Tuesday shipped its first consignment to its new $1.2bn US-based parent, Mylan Laboratories. Concord is among...
Tata Motors acquires Nissan’s S African plant
Tata Motors acquires Nissan’s S African plant Tata group’s international acquisition drive doesn’t appear to be slowing down. After the mega deals announced in the steel and FMCG businesses, it’s...
Tata acquires Nissan’s truck unit in SA
Tata acquires Nissan’s truck unit in SA Continuing with its global takeover spree, homegrown conglomerate Tata group has acquired Japanese auto giant Nissan’s truck manufacturing plant in South Africa...
Idea offloads 8% to GLG Partners
Idea offloads 8% to GLG Partners Deal seen at $240 m; total stake sale now reaches 33%; another 10% may be divested via IPO Aditya Birla group promoted Idea Cellular Ltd has offloaded about 8% stake to the UK-based...
Manugraph to acquire DGM of US for $19.2 m
Manugraph to acquire DGM of US for $19.2 m Web offset printing machine manufacturer Manugraph India Ltd on Tuesday said it will acquire US-based Dauphin Graphic Machines Inc (DGM) for $19.2 million, making the combined...
Govt role sought in FACT merger
Govt role sought in FACT merger The State Government’s intervention has been sought in the proposed amalgamation of Fertilisers and Chemicals Travancore Ltd (FACT) with either Kribhco or RCF as physical and...
Indian pharma cos aim for the biggest global buy
Indian pharma cos aim for the biggest global buy This could well be the biggest Indian acquisition in the global pharma space. Two Indian pharma giants and a private equity (PE) player are eyeing Minnesota-based...
UK firm buys 8% in Idea for Rs 960 cr
UK firm buys 8% in Idea for Rs 960 cr GLG Partners, a UK-based independent asset manager, has picked up an 8 per cent stake in the Aditya Birla group-controlled Idea Cellular. The deal size is estimated at $213 million...
North Block working on SBI stake sale
North Block working on SBI stake sale The finance ministry is working out the modalities for sale of Reserve Bank of India’s stake in State Bank of India to the government, Secretary (Financial Sector) Vinod Rai...
Tata Steel will continue to look for acquisitions
Tata Steel will continue to look for acquisitions It would not be appropriate for India to export iron ore given the position of iron ore reserves in the country and the potential for steel production and its...
