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M&A

PE-backed FINO buys Nokia's prepaid mobile payment services biz in India

TMT

27 June, 2012

PE-backed FINO buys Nokia's prepaid mobile payment services biz in India

Mumbai-based financial inclusion services provider has acquired the prepaid mobile payment business of erstwhile Nokia Mobile Payment Services in India ......

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Max India to buy back Axis Bank's stake in insurance arm for up to $73M

General

27 June, 2012

Max India to buy back Axis Bank's stake in insurance arm for up to $73M

Analjit Singh-led Max India plans to buy back the stake held by Axis Bank in Max New York Life Insurance ......

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Shriram Properties and Sun Apollo looking to sell Chennai SEZ

Infrastructure

27 June, 2012

Shriram Properties and Sun Apollo looking to sell Chennai SEZ

South-based Shriram Group’s real estate arm Shriram Properties and real estate investment firm Sun Apollo are looking to sell off ......

ValueFirst acquires VC-backed mobile advertising firm mGinger

TMT

27 June, 2012

ValueFirst acquires VC-backed mobile advertising firm mGinger

Digital media firm ValueFirst Messaging Pvt Ltd has made foray into mobile advertising space by acquiring Bangalore-based mGinger, run by ......

US-based Science acquires Indian startup Pinpuff that measures ‘Pinfluence'

TMT

27 June, 2012

US-based Science acquires Indian startup Pinpuff that measures ‘Pinfluence'

Los Angeles-based technology incubator has acquired Indian company Pinpuff, which measures and tracks the influence of Pinterest users and awards ......

Suzlon Energy sells China manufacturing unit for $60M

Manufacturing

26 June, 2012

Suzlon Energy sells China manufacturing unit for $60M

Wind turbine manufacturer Suzlon Energy Ltd has sold its wholly owned China manufacturing subsidiary for Rs 340 crore ( $60 ......

RIL puts iconic Vimal on the block

Manufacturing

22 June, 2012

RIL puts iconic Vimal on the block

Mukesh Ambani controlled Reliance Industries (RIL) has put up the iconic Vimal textile business and brand on the block, media ......

M&M Picks 38% In Micro Irrigation Firm EPC Industrie

Others

15 June, 2012

M&M Picks 38% In Micro Irrigation Firm EPC Industrie

Mahindra’s flagship group firm Mahindra & Mahindra (M&M) has diversified its presence in the agriculture sector by acquiring 38% stake ......

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Gherzi AG to buy out Wadia Group's majority stake in Gherzi Eastern

Manufacturing

21 June, 2012

Gherzi AG to buy out Wadia Group's majority stake in Gherzi Eastern

Gherzi AG, a global management consulting and engineering company, is buying out the stake of its local partner in Gherzi ......

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Tatia Global buys 25% stake in Levi's mass market denim brand franchisee in India

Manufacturing

21 June, 2012

Tatia Global buys 25% stake in Levi's mass market denim brand franchisee in India

A small public listed textile and real estate development firm Tatia Global Vennture Ltd has acquired 25 per cent stake ......

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