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News Roundup: LIC Plans to Up Stake in South Indian Bank

General

24 June, 2009

News Roundup: LIC Plans to Up Stake in South Indian Bank

 SBI Looks At Overseas Buyouts - State Bank of India (SBI) is looking to expand its overseas presence with acquisition ......

IVF Backed Gala Precision Technologies Sells Its Compressor Biz

Infrastructure

23 June, 2009

IVF Backed Gala Precision Technologies Sells Its Compressor Biz

HOERBIGER Group, Zug, Switzerland, has acquired the compressor business of Gala Precision Technology Pvt Ltd., a Mumbai based manufacturer of ......

News Roundup: Parsvnath to Use QIP Route for Raising Rs 2,500 Crore

General

23 June, 2009

News Roundup: Parsvnath to Use QIP Route for Raising Rs 2,500 Crore

Rolta to Buy Back Bonds Worth $150 Million - Mumbai-based IT solutions and products firm Rolta has made a tender ......

News Roundup: Modi Brothers' Tiff Over Tyre Arm Nears Settlement

General

22 June, 2009

News Roundup: Modi Brothers' Tiff Over Tyre Arm Nears Settlement

Mohan Clothing May Raise Upto Rs 75 Crore Through PE Placement - Mohan Clothing, which sells men and women wear ......

SBI Merges State Bank of Indore With Itself

General

20 June, 2009

SBI Merges State Bank of Indore With Itself

The board of the State Bank of India (SBI), in its meeting held on Friday, has approved the proposal for ......

News Roundup: Govt. Mulls Stake sale in BHEL

General

20 June, 2009

News Roundup: Govt. Mulls Stake sale in BHEL

Govt. Mulls Stake sale in BHEL - The United Progressive Alliance (UPA) government is considering a proposal to sell part ......

Government Looking To Divest 10% Stake in BHEL

Infrastructure

19 June, 2009

Government Looking To Divest 10% Stake in BHEL

The central government has said that it's looking to divest upto a 10% of its stake in power equipment major ......

News Roundup: Ford Parts Supplier Looks for India Buyer

General

19 June, 2009

News Roundup: Ford Parts Supplier Looks for India Buyer

Q Investment Closes Sale of XCEL Telecom to ATC - Leading US-based private equity firm Q Investment has closed the ......

News Roundup: Unitech May Be Mulling a Second QIP to Raise $300 Mn

General

18 June, 2009

News Roundup: Unitech May Be Mulling a Second QIP to Raise $300 Mn

Fortis Leads Race for Wockhardt Hospitals - Fortis Healthcare, which is owned by former Ranbaxy promoters Malvinder Singh and Shivinder ......

Apollo Hospitals Looks At Gulf, Middle East Investors For Expansion

Healthcare

18 June, 2009

Apollo Hospitals Looks At Gulf, Middle East Investors For Expansion

Apollo Group, one of the largest healthcare groups in India, is looking to raise funds from Gulf and Middle East investors ......