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M&A

Exit Time: Murugappa Sells 47% In Parryware To JV Partner For $176M

Others

19 August, 2008

Exit Time: Murugappa Sells 47% In Parryware To JV Partner For $176M

EID Parry, a group firm of the Chennai-based business conglomerate Murugappa Group, has sold a 47 per cent stake in ......

Siva Cries Foul Over Maxis' Plans To Sell Aircel Stake

TMT

19 August, 2008

Siva Cries Foul Over Maxis' Plans To Sell Aircel Stake

C Sivasankaran, who has made fortunes buying and selling Indian companies, cannot be taken in for a ride so easily. ......

Deepak Parekh Says Enough Takers For Citi Stake In HDFC

General

19 August, 2008

Deepak Parekh Says Enough Takers For Citi Stake In HDFC

  A week after surfaced that Citigroup might sell its stake in India’s largest housing mortgage company Housing Development Finance Corporation ......

Mallya Says He Is No More In Race For SpiceJet, Finds Deal Expensive

Others

19 August, 2008

Mallya Says He Is No More In Race For SpiceJet, Finds Deal Expensive

In an interesting development, the liquour-to-aviation tycoon Vijay Mallya (pictured) said he is no more in the reckoning to acquire ......

UK's Imperial Energy Confirms ONGC's $2B-Interest

Others

19 August, 2008

UK's Imperial Energy Confirms ONGC's $2B-Interest

India’s state-owned oil producer ONGC is said to be in talks with British company Imperial Energy Corporation to acquire a ......

Bupa Asia-Pacific Picks Up 26% In Health Insurance JV With Max

Healthcare

19 August, 2008

Bupa Asia-Pacific Picks Up 26% In Health Insurance JV With Max

Britain’s Bupa will pick up a 26 per cent stake - the maximum equity allowed to foreign investors in Indian ......

Ranbaxy Says US Investigations Have No Impact On $4.6-Billion Deal

Healthcare

19 August, 2008

Ranbaxy Says US Investigations Have No Impact On $4.6-Billion Deal

Ranbaxy Pharmaceuticals has said that the ongoing investigations by US authorities on alleged forgery and concealment of data will not ......

BK Modi May Sell His Handset Biz To Sony Ericsson

TMT

18 August, 2008

BK Modi May Sell His Handset Biz To Sony Ericsson

After selling out his cellular services firm Spice Communications to AV Birla-led Idea, BK Modi is now negotiating to sell ......

Dalmia's Landmark Holdings Goes South; Picks Up 25% In Tirupur SPV

Infrastructure

18 August, 2008

Dalmia's Landmark Holdings Goes South; Picks Up 25% In Tirupur SPV

Delhi-based Landmark Land Holdings Pvt. Ltd. has ventured into south India’s real estate market. The investment arm of the Dalmia ......

WNS Acquires Aviva BPO For $230M; ICICI Lends $200M, Warburg $30M

TMT

18 August, 2008

WNS Acquires Aviva BPO For $230M; ICICI Lends $200M, Warburg $30M

NYSE-listed WNS (Holdings), the second largest business process outsourcing firm in India, has just become bigger. The Mumbai-based BPO, which ......

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