M&A
General
News Roundup: 4 Parties Interested in Buying Stake In United Spirits
SpiceJet and GoAir Look at Consolidation - Low-cost carrier SpiceJet is in talks with the Wadia group-owned GoAir for either ......
General
Sterlite Buys US Copper Miner Asarco For $1.7 Billion
Anil Agarwal-led Sterlite Industries has acquired the US-based bankrupt copper miner Asarco LLC for $1.7 billion. The two companies signed an ......
Others
Motherson Sumi Buys Auto Rearview Mirror Maker Visiocorp For $31.6M
Auto component maker Motherson Sumi has acquired the world’s largest automotive rear view mirror maker Visiocorp in a stock cum ......
TMT
Pyramid Samaira To Sell Stakes in Subsidiaries To Raise Working Cap
Digital Entertainment company Pyramid Saimira Theatre Ltd (PSTL) has proposed to sell stakes in some of its subsidiaries so that fresh ......
General
News Roundup: UB Group May Sell Stake In Beer Company
The Mobile Store in Talks to Buy Calling Cards Company, Matrix - Essar group owned The Mobile Store (TMS) is ......
General
Aviva Plans Asset Management Biz In India; Greenfield or Inorganic
Aviva is planning to start asset management business in India. The UK based insurance major who has a partnership with ......
TMT
Satyam Gets Approval To Sell 51% Stake
Fraud-hit Satyam Computer Services said it has received approval from SEBI to sell a 51 percent stake in the company ......
Others
Malaysian Firm Carotino Acquires 50% Stake in Synergy Foods
Malaysian firm, Carotino SDN BHD, a subsidiary of the J C Chang Group, has bought 50% stake in the Pune ......
TMT
Telsima Sold For $12M; Investors' $80M Flushed Out
A company that had raised about $70-80 million in venture capital has been sold for a song. The US and ......
Infrastructure
Acme Invests $30 Mn In US-based Solar Power Firm
Gurgaon-based telecom power solutions firm Acme Group has made an investment of $30 million for a 5% stake in California-based ......