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M&A

Vijay Mallya's Kingfisher Airlines To Sell 25% Stake

Others

07 February, 2009

Vijay Mallya's Kingfisher Airlines To Sell 25% Stake

Vijay Mallya's Kingfisher Airlines has decided to sell its 25% equity for around Rs 2,000 crore. The group has also ......

International Players Look To Buy Out Food Services Firm Radhakrishna

Others

06 February, 2009

International Players Look To Buy Out Food Services Firm Radhakrishna

Multi-national companies like Sodexho, Aramark and Sofra have expressed interest buying out food services firm Radhakrishna Hospitality Services. The deal ......

Another Restaurant Up For Grabs, IHC Puts Mars on The Block

Infrastructure

05 February, 2009

Another Restaurant Up For Grabs, IHC Puts Mars on The Block

AIM-listed blank check firm India Hospitality Corp (IHC) is planning to sell part of its stake or completely exit its ......

Diageo May Take Over 15% In Vijay Mallya's USL

Others

05 February, 2009

Diageo May Take Over 15% In Vijay Mallya's USL

World's largest spirits maker Diageo maybe looking to acquire more than the earlier reported 15% stake in Vijay Mallya's United ......

GE Equity Picks Up 30% Stake In Kerns Aero Products For $2M

Infrastructure

03 February, 2009

GE Equity Picks Up 30% Stake In Kerns Aero Products For $2M

GE Equity, the private equity arm of GE, is picking 30% stake in Indian aircraft component maker Kerns Aero Products ......

Sujana Universal Acquires 43% In Futuretech For Rs 16.45 Crore

Infrastructure

03 February, 2009

Sujana Universal Acquires 43% In Futuretech For Rs 16.45 Crore

Sujana Universal Industries Ltd has announced that pursuant to the resolution passed by the board of directors of the Company ......

FIPB Approves GeoPost's Acquisition of Continental Air Express

Others

03 February, 2009

FIPB Approves GeoPost's Acquisition of Continental Air Express

Can government owned economic organisations of two separate countries play in the same market? The Foreign Investment Promotion Board (FIPB), ......

Astro Group Picks Up 50% in Sandeep Goyal's Mogae Digital For $5M

TMT

03 February, 2009

Astro Group Picks Up 50% in Sandeep Goyal's Mogae Digital For $5M

Malaysia based media conglomerate Astro group has acquired a 50% stake in online firm Mogae Digital for $5 million. Mogae Digital ......

SEBI To Amend Open Offer Rules As Firms Eye Satyam

TMT

03 February, 2009

SEBI To Amend Open Offer Rules As Firms Eye Satyam

The Securities and Exchange Board of India will change its rules on mandatory open offers to buy shares in firms ......

Delhi Fast Food Chain Nirula's On The Block

General

02 February, 2009

Delhi Fast Food Chain Nirula's On The Block

Delhi-based fast food chain Nirula's is up for sale again. The 54-outlet chain is currently majority owned by Malaysia-headquartered private equity fund Navis ......

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