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M&A

ICICI Bank To Hive Off PoS Terminals

General

28 March, 2009

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...

News Roundup: LIC to Increase Stake in Axis Bank

General

28 March, 2009

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, ......

Spice Withdraws From Satyam Race Citing "Lack Of Transparency"

TMT

28 March, 2009

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In a development that could mar the chances for a high octane Satyam sale, the Spice Group, one of the bidders, has withdrawn from ......

Lupin Buys Stake in Philippines Firm

Healthcare

27 March, 2009

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 ......

News Roundup: Govt. Clears 26 FDI Proposals Worth Rs 1042 Crore

General

27 March, 2009

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 ......

Satyam: IBM Not In The Bidding; Spice Undecided

TMT

26 March, 2009

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 ......

NDTV Restructures To Attract PE & Strategic Investors

TMT

26 March, 2009

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. ......

GAIL To Spin Off Marketing Arm And List In Bourses

Infrastructure

26 March, 2009

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 ......

Tata Tea Acquires Stake In Russian Beverages Maker Grand

General

26 March, 2009

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 ......

News Roundup: Essar Oil to Buy 50% Stake in Kenya Petroleum Refinery

General

26 March, 2009

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 ......

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