M&A
General
ICICI Bank To Hive Off PoS Terminals
ICICI Bank, India's largest private sector bank, has altered its plans and decided to spin-off its point-of-sale (PoS) terminals...
General
News Roundup: LIC to Increase Stake in Axis Bank
Walt Disney to Hike stake in UTVi - UTV Software Communications, in which Walt Disney Company holds a majority stake, ......
TMT
Spice Withdraws From Satyam Race Citing "Lack Of Transparency"
In a development that could mar the chances for a high octane Satyam sale, the Spice Group, one of the bidders, has withdrawn from ......
Healthcare
Lupin Buys Stake in Philippines Firm
Drug maker Lupin Ltd said it has acquired a 51 percent stake in Multicare Pharmaceuticals Philippines Inc, marking the Indian ......
General
News Roundup: Govt. Clears 26 FDI Proposals Worth Rs 1042 Crore
Govt. Clears 26 FDI Proposals Worth Rs 1042 Crore - The government today approved 26 foreign direct investment proposals that will ......
TMT
Satyam: IBM Not In The Bidding; Spice Undecided
Satyam Computer Services Ltd's search for a buyer suffered a setback on Thursday, as a source said IBM is not in the ......
TMT
NDTV Restructures To Attract PE & Strategic Investors
Media firm NDTV is in the midst of a corporate restructuring which will allow it to raise fresh foreign funds. ......
Infrastructure
GAIL To Spin Off Marketing Arm And List In Bourses
GAIL India, the state owned natural gas company, will split its marketing business into a separate company from April 1 in accordance ......
General
Tata Tea Acquires Stake In Russian Beverages Maker Grand
Tata Tea Ltd has set its sights on Russian beverages market. After making big ticket acquisitions in the UK and ......
General
News Roundup: Essar Oil to Buy 50% Stake in Kenya Petroleum Refinery
Virbac, Sanofi Aventis and Pfizer Eye Vetnex - Virbac, Sanofi Aventis and Pfizer, among other multinational pharma companies, have evinced ......