Mondo TV S.p.A may pick up 10 pc stake in G V Films G V Films Ltd is close to signing an agreement with € 50.5-million Mondo TV S.p.A of Italy for co-production of animated cartoons in India for global market and...
FedEx buys out local franchisee for $30 mn
FedEx buys out local franchisee for $30 mn After 22 years of operating in India through a franchisee, FedEx Corporation, the world’s largest express transportation company, has decided to acquire Prakash Air...
Eicher Engg buys British Motors’ unit
Eicher Engg buys British Motors’ unit Eicher Engineering Components (EEC), the automotive component division of Eicher Motors Ltd (EML), has acquired the Dewas-based (Madhya Pradesh) transmission gear unit of...
China’s Baotou Steel may sell 49% stake to Mittal
China’s Baotou Steel may sell 49% stake to Mittal Baotou Iron & Steel, one of China’s largest steel makers, is in talks with the world’s top steelmaker, Arcelor Mittal, over the possible sale of...
Godrej Industries – Updates on Buy-Back
Godrej Industries Ltd has informed BSE that with regard to the Buy-back that, as mentioned in the Public Announcement ("PA") dated April 29, 2009 the date of closing the Buy-back (Last date of placing order...
Ruia eyes Tyre Corp
Ruia eyes Tyre Corp Pawan Ruia has evinced interest to take over ailing public sector undertaking Tyre Corporation of India. After the re-opening ceremony of Sahagunj unit of Dunlop, he told reporters that the group has...
Megasoft to buy US telecom software co
Megasoft to buy US telecom software co Software services company Megasoft Ltd is close to acquiring a telecom software company in the US with revenues of $20 million, a top official said on Wednesday. "We have...
VisualSoft board okays 8:5 swap ratio for merger into Megasoft
VisualSoft board okays 8:5 swap ratio for merger into Megasoft The board of directors of VisualSoft Technologies Ltd approved the merger into Megasoft at a share swap ratio of 8:5, even as the company’s second...
Soros, Blue Ridge buy 21% in Rel Cap ARC
Soros, Blue Ridge buy 21% in Rel Cap ARC George Soros-promoted fund and the US-based investment bank Blue Ridge will together pick up 21% in Reliance Capital’s asset reconstruction business. While George Soros...
Hindalco in JV with US firm
Hindalco in JV with US firm Hindalco, the flagship company of Aditya Birla Group, has entered into a joint venture partnership with Almex USA Inc for the manufacture of high strength aluminium (HSA) alloys for...
Geometric Software announces closure of acquisition transaction
Geometric Software announces closure of acquisition transaction Geometric Software Solutions Company Ltd on October 11, 2006 had informed BSE that the company has entered into an agreement to acquire the engineering...
Amtek Auto forms JV with Canadian firm
Amtek Auto forms JV with Canadian firm Auto components maker Amtek Auto Ltd said it has forged a joint venture with Canada’s Magna Powertrain for setting up a manufacturing facility outside Delhi. The...
