M&A
TMT
BBC Exits Indian JV With BCCL; Sells Stake For Rs 46Cr
Worldwide Channel Investments Ltd (WCIL), a subsidiary of the media group BBC, has exited its Indian publishing joint venture Worldwide ......
TMT
Uninor To Launch Rights Issue In 2012
Norway's Telenor said on Tuesday the planned rights issue by its Indian unit, Unitech Wireless, to raise RS 82 billion ......
TMT
Netcore Acquires Mobile Marketing Co Ravience
Digital communications company Netcore Solutions has acquired Mumbai-based mobile marketing services provider Ravience, for an undisclosed sum, the company said ......
TMT
NIIT Sells Element K Corp To Ireland's SkillSoft For $110M
IT training company NIIT Ltd has sold its US-based unit Element K business, which was housed under its subsidiary NIIT ......
Infrastructure
Suryachakra Power In 50:50 JV With US Firms For Renewable Energy
Suryachakra Power Corporation Limited is forming an equal equity joint venture with American Bio Sources Inc (ABS)and Environmental Energy Finance ......
Manufacturing
Rio Tinto Retreats From Aluminium, $8B Of Assets On Block
Global miner Rio Tinto signalled a major retreat from its aluminium business on Monday, putting an estimated $8 billion worth ......
Manufacturing
International Paper Buys 75% In Andhra Paper For $388M
The world’s largest paper company International Paper has completed the acquisition of 75 per cent stake in Andhra Pradesh Paper ......
Infrastructure
Sobha Developers Buys Out Dubai Partner In Bangalore SPV
Bangalore-based Sobha Developers Ltd has bought out the entire 81 per cent stake held by its Dubai-based partner Pan Atlantic ......
General
Religare Enterprises Acquires Shreyas Stocks & Shreyas Advisory
Financial services firm Religare Enterprises Ltd (REL) has acquired Chennai-based portfolio management and broking services firms Shreyas Stocks Pvt Ltd ......
Infrastructure
Suzlon Completes Hansen Stake Sale For Rs 890Cr
Wind turbine manufacturer Suzlon Energy Ltd has completed the sale of its remaining 26.06 per cent stake in Belgium-based Hansen ......
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