M&A
TMT
Finnish Co Tecnomen Acquires Delhi's Lifetree Covergence
Finnish telecom software firm Tecnomen has acquired Delhi-based Lifetree Convergence Pvt Ltd, an IT and billing solutions provider to telecom ......
General
Standard Chartered Ups Stake In Securities Arm
Standard Chartered Bank has acquired an additional 25.9% stake in Standard Chartered-STCI Capital Markets Ltd, taking its overall stake in ......
TMT
Satyam Drops Acquisition of Maytas Properties & Maytas Infra
Satyam Computer Services has decided to back off its proposed buyout of promoter group companies Hyderabad-based Maytas Properties and Maytas ......
Infrastructure
Satyam Buys 100% In Maytas Properties & 51% In Maytas Infra
Desperate times call for desperate actions. India's fourth largest IT services firm Satyam Computer is acquiring 100% stake in Hyderabad-based ......
General
Reliance ADAG Eyes 50% In UK Currency Co
There are still some buyers in the financial services sector. Anil Ambani led Reliance ADAG which has been striking international ......
General
UTI AMC In Talks To Divest 26% To Strategic Buyer
UTI Asset Management Company (AMC), India's oldest fund house with assets under management (AUM) of Rs 38,358 crore, is in ......
TMT
Serco Acquires 60% Stake in Infovision for Rs 97 Crore
Serco Group Plc. has acquired a 60% stake in InfoVision Group for Rs.97 crore (£13.3m) to enter domestic Indian business ......
General
Swiss Bank Amas Buys 40% In Chennai Brokerage
Amas Bank Ltd, the Switzerland-based banking entity of Hinduja Group, has acquired a 40% stake in Chennai based stock broking ......
TMT
RCom May Sell 26% To Foreign Telco
Reliance Communications (RCom), the country's second largest telecom company by subscribers, is in talks with various strategic players to sell ......
General
Financial Technologies Acquires 60% Stake In Bourse Africa
Financial Technologies India Ltd (FTIL), the promoters of Multi-Commodity Exchange (MCX), has acquired a 60% stake in Botswana-based bourse Africa. The ......