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M&A

Infosys On Hunt For Acquisitions In Europe & Japan

TMT

03 May, 2011

Infosys On Hunt For Acquisitions In Europe & Japan

Infosys Technologies Ltd , India's No. 2 software services exporter, is on the hunt for acquisitions in Europe and Japan ......

OnMobile Sells 9.16% Stake In Ver Se; Records Net Profit Of Rs 89.2Cr

TMT

02 May, 2011

OnMobile Sells 9.16% Stake In Ver Se; Records Net Profit Of Rs 89.2Cr

Bangalore-based VAS company OnMobile has recorded a year-on-year net profit of Rs 89.2 crore on revenues of Rs 537.2 crore ......

Welspun Group Merges Its Infra Biz To Drive Growth

Infrastructure

29 April, 2011

Welspun Group Merges Its Infra Biz To Drive Growth

Pipe manufacturer Welspun Corp (formerly Welspun-Gujarat Stahl Rohren), which entered the infrastructure business by acquiring construction firm MSK Projects last ......

IFC To Acquire Stake In Jain Irrigation-Backed Rural Financing Firm

General

29 April, 2011

IFC To Acquire Stake In Jain Irrigation-Backed Rural Financing Firm

International Finance Corporation (IFC) plans to invest $5 million as part of initial capitalisation for a minority stake in a ......

Nadathur Group Enters Hospitality In $50M JV With Singapore's Sunshine

Healthcare

28 April, 2011

Nadathur Group Enters Hospitality In $50M JV With Singapore's Sunshine

Bangalore-based Nadathur Group has ventured into the hospitality business. The group, founded by former Infosys Technologies co-founder NS Raghavan, has ......

Kanpur Shoemaker Acquires UK-based Briggs Industrial Footwear

Others

28 April, 2011

Kanpur Shoemaker Acquires UK-based Briggs Industrial Footwear

Superhouse Ltd, a Kanpur based shoe maker, which owns leather brands like Allen Cooper and Double Duty, has acquired 100 ......

Biocon To Divest AxiCorp For $58M

Healthcare

28 April, 2011

Biocon To Divest AxiCorp For $58M

Bangalore-based Biocon Ltd is looking to divest its majority stake in its German drug distribution subsidiary AxiCorp to the minority ......

Jyothy Labs In Talks To Buy 51% Of Henkel India For $203M

Others

27 April, 2011

Jyothy Labs In Talks To Buy 51% Of Henkel India For $203M

Indian fabric whitener and detergent maker Jyothy Laboratories Ltd is in advanced talks to buy Henkel AG's 51 per cent ......

CCI To Finalise New M&A Norms

Others

27 April, 2011

CCI To Finalise New M&A Norms

In a bid to promote market competition and safeguard consumer interest, a new set of corporate merger & acquisitions norms ......

Polaris Software Acquires 85.3% Equity in IdenTrust

TMT

27 April, 2011

Polaris Software Acquires 85.3% Equity in IdenTrust

Polaris Software Lab Ltd, a Chennai-based financial technology company, has made an investment that gives it 85.3 per cent equity ......

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