M&A
General
Barclays Agrees To Buy Lehman's US Unit; Fed Bails Out AIG With $85B
Even as Barclays agreed to buy Lehman Brothers businesses in North America, United States Federal Reserve has come with $85 billion package ......
General
Wilbur Ross Says SpiceJet Merger Is On Cards
Turnaround specialist Wilbur L Ross Jr is already looking to flip his stake in SpiceJet. In an interview to BusinessWeek, ......
Infrastructure
Crompton Greaves Acquires US-based MSE For $16 Million
Electrical equipment manufacturer Crompton Greaves Ltd has acquired US-based MSE Power Systems Inc and its group companies - MSE Engineering ......
General
South Africa's Sanlam Picks Up 5% Stake In SMC For $50 Million
Domestic brokerage house, SMC Group, has entered into a joint venture arm of South African financial services giant Sanlam Ltd ......
General
Merrill Sold To BoA; Lehman Files For Bankruptcy, Indian Mkts Down
Indian stock markets have taken a huge beating as a result of developments in Wall Street such as the bankruptcy ......
TMT
TCS Enters The Fray For BT's Stake In Tech Mahindra
British Telecom may have found a buyer for its 31% stake in Tech Mahindra. BT has approached Tata group company ......
General
Reliance ADAG Acquires Stake In Forex Company Wall Street Finance
Anil Dhirubhai Ambani Group is entering foreign exchange currency business. The group's forex arm Reliance Money Express has acquired a ......
TMT
QAI India Buys Out Parent Company In USA
Quality Assurance Institute (QAI) India, an operational excellence company, has bought out its US parent company. Now all of QAI's ......
General
Vijay Mallya To Raise $1B By Selling Stakes In Liquour, Aviation Biz
Vijay Mallya is in the process of raising close to $1 billion by selling small chunks of his two big businesses: ......
TMT
Anil Ambani's Deal With Spielberg Stuck Over Debt Financing
The deal between Anil Ambani and Steven Spielberg's DreamWorks SKG is stuck over arrangement of debt finance. The deal involves ......
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