TMT
Polaris Software To Acquire US Based Insurance Technology Co
Software services firm Polaris Software Lab Ltd will acquire U.S.-based technology firm SEEC Inc in an all-cash deal. SEEC Inc ......
General
Contagion Spreads To Europe As Governments Bail Them out
The financial contagion continues to spread. The European financial institutions also being highly leveraged are increasingly finding themselves vulnerable to the ......
General
Quadrangle Sets Up An Asia Office; Upbeat On India
The financial carnage that ripped apart U.S. financial markets leading to a string of bailouts and bankruptcies, have led many ......
General
Citigroup Buys Wachovia Corp
Citigroup Inc. will acquire the banking operations of Wachovia Corp, the troubled Charlotte, N.C.-based bank, reports Marketwatch, quoting the press ......
Infrastructure
Cleantech Round Up: Green Biologics To Set Up A Plant In India
UK based Green Biologics To Set Up A Biobutanol Plant In India: UK-based Green Biologics and Mumbai-based Laxmi Organic Industries ......
General
Deal Slowdown: 3i Group Cuts Investments By 40%
Slowdown has started hitting the dealflow. British private equity group 3i Group Plc has already cut down its investments by 40% ......
TMT
Info Edge To Invest Rs 20 Crore In An Online Insurance Aggregator
Info Edge India Ltd, the owners of Naukri.com, will invest Rs 20 crore for a 49% stake in eTechAces Marketing ......
Others
Hedge Fund Gets Sterlite To Drop Its Restructuring Plans
Sterlite Industries, the Indian subsidiary of the UK-based Vedanta Resources has decided not to go ahead with its proposed restructuring ......
Infrastructure
Govt Relaxes ECB Norms To Boost Infrastructure Investment
The Finance Ministry has further liberalised the external commercial borrowing policy in an attempt to provide a greater boost to ......
TMT
Etisalat Buys 45% Stake In Swan Telecom
UAE's telecom giant Emirates Telecommunications Corp (Etisalat) will buy about 45% of Swan Telecom for up to $900 million, reports ......
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