M&A
General
Mitsubishi Closes $9B Investment In Morgan Stanley; Revises Terms
Mitsubishi UFJ Financial Group Inc has invested $9 billion in Morgan Stanley, giving it a 21% ownership stake in bank ......
General
UK Govt To Buy Majority Stakes In RBS, HBOS & Lloyd TSB
This is an increasing sign of Europe's bail out becoming a buy out. The U.K. government has unveiled plans to ......
TMT
Conservative Infosys Gives Up On Axon; Path Clear For HCL Tech
Infosys sticks to its fiscal conservatism and has said that it will not submit a higher bid to counter HCL's ......
General
Fed Announces Co-ordinated Rate Cut: Central Banks Cut Rates Worldwide
The fury with which global equity markets have sold off in recent weeks and the worsening condition of the financial ......
General
Reliance Money May Buy 16% More In NMCE
Reliance Money may get approval to buy an additional 16% stake in National Multi Commodity Exchange of India Ltd (NMCE) ......
TMT
TCS Acquires Citigroup's Captive BPO For $505 Million
Tata Consultancy Services (TCS) has announced its acquisition of Citigroup's captive BPO arm Citigroup Global Services (CGSL) for $505 million. ......
Infrastructure
PE-backed Quipo To Merge Itself With Tata Tele's Tower Arm
SREI Group-promoted Quipo Telecom Infrastructure is set to strike a partnership with the tower arm of Tata Teleservices. The deal ......
Others
Bangalore's Dynamatic Technologies Acquires UK Co For $16 Million
Bangalore-based Dynamatic Technologies Ltd has acquired a UK-based aeronautic company for $16 million. The acquired company is involved in manufacturing ......
TMT
PE Firms Cringe At Firstsource Price Tag
Private equity firms are starting to team up to bid for a $400 million stake in India's Firstsource Solutions, sources ......
General
BNP Paribas Takes Over Fortis' Operations In Belgium And Luxembourg
BNP Paribas has announced it will take control of Fortis' operations in Belgium and Luxembourg, as well as the international ......
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