M&A
TMT
Walt Disney Completes UTV Software Open Offer; Ups Holding To 60%
Walt Disney has completed the acquisition of UTV Software. The second largest US media house has acquired 22.65% in the ......
Others
Ess Dee Acquires Ailing India Foils From Vedanta
Ess Dee Aluminium (EDAL), a packaging firm, has acquired 90% stake in Kolkata-based aluminium foils maker India Foils from the ......
TMT
Infibeam Acquires Photo Printing Portal Picsquare
Bangalore based photo printing portal Picsqure has been sold to Indian online retail firm Infibeam. Picsquare CEO Manish Agrawal has confirmed ......
Infrastructure
Mallya Plans Stake Sale To Foreign Airlines? Policy Change In Offing?
Kingfisher Airlines is now in discussions with international airline companies to divest 25% stake to raise funds. Virgin Airlines, Singapore ......
TMT
Deutsche Bank's Anshu Jain Picks Up Stake In IPL Team Mumbai Indians
Top Deustsche Bank executive Anshu Jain has bought a 15% stake in Mukesh Ambani's Indian Premier League franchise Mumbai Indians. ......
TMT
Star Buys Majority In Asianet; Forms JV With Rajeev Chandrasekhar
Asianet Communications Ltd (ACL), Malayalam's first entertainment television company, has finally landed in the hands of Rupert Murdoch's Star TV. Star will ......
TMT
IMI Mobile Acquires UK's Digital Content Delivery Company dx3
Hyderabad based IMImobile, a mobile VAS provider to mobile operators and content providers, has bought dx3, a digital content delivery ......
TMT
NTT DoCoMo Buys 26% Stake In Tata Teleservices
Days of aggressive equity valuations has not come to an end yet. Japan's telco NTT DoCoMo has acquired 26% in ......
General
American Express Gets Approval To Become A Bank Holding Co
Credit card giant American Express has got the Federal Reserve’s nod to become a bank-holding company. Under the radical revamp, ......
TMT
Gulf Based Zamil Picks Up 51% Stake In Telecom Tower Venture
Zamil Industrial Investment Company (ZIIC), a Gulf-based manufacturing and fabrication company, has picked up a 51% stake in its joint ......