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M&A

Jindal Steel & Power Buying Oman's Shadeed For $464M

General

21 May, 2010

Jindal Steel & Power Buying Oman's Shadeed For $464M

Jindal Steel & Power Ltd is acquiring Oman-based Shadeed Iron & Steel Co. LLC (Shadeed) for $464 million including the ......

IDFC Buys 26% Stake In Orbis Capital

General

19 May, 2010

IDFC Buys 26% Stake In Orbis Capital

Infrastructure Development Finance Company Ltd (IDFC), a leading financial services company focused on infrastructure space, is acquiring 26% stake in ......

Piramal Health Denies Stake Sale Plan, Shares Down 8%

Healthcare

19 May, 2010

Piramal Health Denies Stake Sale Plan, Shares Down 8%

Piramal Heathcare Ltd said on Wednesday its founder has no proposal to sell any stake in the company, sending the ......

Aegis Buys US Firm Sallie Mae's Customer Service Centre

General

19 May, 2010

Aegis Buys US Firm Sallie Mae's Customer Service Centre

Aegis Ltd, the business process outsourcing arm of Essar Group, is acquiring a customer service center of US-based Sallie Mae, ......

ICICI, Bank Of Rajasthan Sign Merger Agreement

General

18 May, 2010

ICICI, Bank Of Rajasthan Sign Merger Agreement

Bank of Rajasthan’s scrip shot up 20% hitting the upper circuit ahead of a board meeting late Tuesday evening to ......

VC-Backed Gridstone Research Shuts Shop; Sells Assets To 2 US Firms

General

18 May, 2010

VC-Backed Gridstone Research Shuts Shop; Sells Assets To 2 US Firms

Venture-funded Gridstone Research, a financial research platform company co-founded by former Infosys global sales head Basab Pradhan, has folded up ......

Maini, Investors Nearing Deal To Sell Off Reva

General

17 May, 2010

Maini, Investors Nearing Deal To Sell Off Reva

The Maini Group-led Reva Electric Car Company, which is backed by venture funds Global Environment Fund (GEF) and Draper Fisher ......

ABB Ups Holding In Indian Arm To 75%

General

17 May, 2010

ABB Ups Holding In Indian Arm To 75%

Engineering giant ABB India’s scrip shot up 23.4% after its Swedish-Swiss parent firm announced plans to raise its holding in ......

Ssangyong Motor Up For Sale, Mahindra Eyes Bid

General

14 May, 2010

Ssangyong Motor Up For Sale, Mahindra Eyes Bid

India's top utility vehicle and tractor maker, Mahindra & Mahindra, is considering bidding for South Korea's Ssangyong Motor, sources with ......

JSW Steel Completes US Mining Assets Buy

General

14 May, 2010

JSW Steel Completes US Mining Assets Buy

JSW Steel Ltd has completed the acquisition of coking coal mining assets in the US. The mines are located in ......

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