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M&A

IMImobile Acquires UK-based App Developer Skinkers

TMT

27 September, 2011

IMImobile Acquires UK-based App Developer Skinkers

Hyderabad-based mobile value-added services (VAS) company IMImobile has acquired UK-based digital agency Skinkers Ltd, a developer of apps for iPhone, ......

RCap To Unlock Value Across Its Major Biz; Eyes Banking Space

General

27 September, 2011

RCap To Unlock Value Across Its Major Biz; Eyes Banking Space

ADAG-promoted Reliance Capital plans to unlock value across all its major businesses and will also explore all possible opportunities to ......

RCom In Advanced Talks To Sell Tower Unit Stake

TMT

27 September, 2011

RCom In Advanced Talks To Sell Tower Unit Stake

Reliance Communications on Tuesday said it is in advanced talks with several consortiums to sell its tower unit, bringing the ......

Blackstone Sells India Public Market Fund To Aberdeen

Others

26 September, 2011

Blackstone Sells India Public Market Fund To Aberdeen

The Blackstone Group, the $150 billion alternative asset management firm, is selling its public markets fund in India to Aberdeen ......

JB Chemicals Scraps Sale Of Russia-CIS Prescription Products Biz

Healthcare

26 September, 2011

JB Chemicals Scraps Sale Of Russia-CIS Prescription Products Biz

JB Chemicals & Pharmaceuticals has called off a proposed deal to sell its Russia-CIS prescription products business to Dr Reddy’s ......

GMR Infra Sells 30% In Singapore Unit To Petronas

Infrastructure

26 September, 2011

GMR Infra Sells 30% In Singapore Unit To Petronas

GMR Infrastructure said on Monday it agreed to sell a 30 per cent stake in its unit GMR Energy (Singapore) ......

NASDAQ-listed Velti To Buy Mobile CRM Firm Air2Web For $19M

Technology

23 September, 2011

NASDAQ-listed Velti To Buy Mobile CRM Firm Air2Web For $19M

Mobile marketing and advertising technology company Velti Plc. is acquiring mobile customer relationship management ......

Varkey Group Makes Open Offer For Everonn

Others

23 September, 2011

Varkey Group Makes Open Offer For Everonn

Dubai-based Varkey Group Ltd has made an open offer to buy another 20 per cent stake in Everonn Education, which ......

Merger Bankers Seek Action As Economies Sink

General

23 September, 2011

Merger Bankers Seek Action As Economies Sink

Mergers and acquisitions slowed significantly in the third quarter, stymied by economic uncertainty that stifled the confidence and growth horizons ......

Prism Buys 18% In Former Promoter Idhasoft; On Way To Majority Stake

TMT

22 September, 2011

Prism Buys 18% In Former Promoter Idhasoft; On Way To Majority Stake

Software development and consulting company Prism Informatics has acquired 18 per cent stake in privately held IT consulting firm Idhasoft ......

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