M&A
General
Sanlam Invests in SMC Securities, Wealth Management Unit
Millennium India Acquisition Co-backed SMC Group has completed the first phase of its joint venture transaction with South Africa’s Sanlam ......
TMT
Etisalat-RCOM Sign Rs 10,000 crore Tower Sharing Deal
Etisalat DB, a leading telecommunications company in the Middle East and its subsidiary would outsource their telecom infrastructure requirements for ......
General
India Govt May Let SBI Stake Fall To 55 pct
India's government may let its stake in State Bank of India fall by 4.4 percentage points to 55 percent, a ......
Others
ONGC Taps Citi For Kosmos Ghana Stake Bid
* India's ONGC hires bank for stake in coveted oil asset* Stake worth $3 bln-$5 bln* Bids from international energy ......
General
IFCI Picks Up 5% Stake in MCX-SX; Values Exchange At Rs 5,000 Cr
Financial Technologies India (FTIL) has sold a 5% stake in its newly promoted Multi Commodity Stock Exchange (MCX-SX) for Rs ......
General
Goldman, ICE To Offload Stake In NCDEX : Report
Goldman Sachs and US exchange IntercontinentalExchange (ICE) are in talks with Shree Renuka Sugars to divest part of their stakes in ......
TMT
Essar Talks With Dhabi Gp. On Africa Telecom Deal
India's Essar Group may invest into Dhabi Group's telecommunication business in Africa to expand operations in the region, the Indian ......
TMT
HCL Buys SAP Div Of South Africa's UCS For $7.7M
HCL Axon, a unit of HCL Technologies, has bought the SAP division of South Africa's UCS Group for an initial ......
Infrastructure
Lanco Buys Back DEG's Stake In Thermal Power Project In Korba
Hyderabad-based Lanco Infratech has bought back the stake held by German financial institution DEG in Lanco Amarkantak Power Pvt Ltd, which ......
TMT
Govt to Conduct Special Audit of Top 5 Pvt Telcos
The government has ordered a special audit of the country's five leading private-sector mobile telecoms firms to check whether there ......
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