» 2015-06-22

GVK Power & Infrastructure Ltd said it has sold its 217 MW (Phase 1) Power Plant situated at Jegurupadu Village, in Rajahmundry in Andhra Pradesh to AP Transco, the Andhra […]

» 2015-06-17

Bharti Airtel said its deal with Helios Towers Africa to sell telecom towers in Tanzania and Tchad has fallen through. “…the agreements for sale of tower assets in Tanzania and […]

» 2015-06-17

The proposed merger between petroleum producer Cairn India and its parent Vedanta Plc is “likely to be unlikely”, Edelweiss Securities said. Raising the question of minority interest, Edelweiss said the […]

» 2015-06-15

Reliance Communications and Sistema Shyam Teleservices (MTS) announced that they were in exclusive discussions to merge their operations. While this was seen as being in the works, especially after a […]

» 2015-06-09

Debt-laden DLF group has sold its cinema chain, DT Cinemas, to the biggest operator in the space – PVR Ltd – for Rs 500 crore. In a statement, PVR said […]

» 2015-04-29

Tata Consultancy Services Ltd has won shareholder approval for its ongoing merger with unit CMC Ltd. TCS had announced the merger late last year. A court convened meeting of shareholders […]

» 2015-04-15

Nokia and Alcatel-Lucent said they were merging their operations into one company, answering the speculation that Nokia may buy out the wireless business of the French company. The announcement comes […]

» 2015-04-08

DLF Ltd said it had not sold the 2nd phase of its Pune IT Park to private equity firm Blackstone. DLF was responding to a query raised by the National […]

» 2015-02-02

US-based pharma company Mylan Inc said it was buying “certain female health care businesses” from Famy Care Ltd of India. Famy is largely into generic oral contraceptive products (OCPs) for […]

» 2014-10-31

Welspun Enterprises Limited (WEPL), part of the $ 3 billion Welspun Group today completed the sale of Welspun Maxsteel Limited (WMSL) to JSW Steel Limited (JSW). The two companies had […]

» 2014-09-29

Hines, the international real estate firm, has launched a new $250 mln investment vehicle known as Hines India Residential along with an international partner for investment into the Indian housing […]

» 2014-07-30

Mphasis Ltd reported a growth of 2% in its organic revenue for the first quarter, net of rupee appreciation. However, total revenue fell 3.5% quarter on quarter to Rs 1,490 […]

» 2014-07-15

Global corporation Brightstar has acquired a majority interest in Beetel Teletech Ltd, part of the Bharti group. The aim is to bring latest mobile technologies and services to the Indian […]

» 2014-05-29

Reliance Industries said it will spend Rs 4,000 crore to acquire control of Network 18 Media & Investments Ltd, the owner of the CNN IBN channel and sister concerns like […]

» 2014-05-21

UST Global, an information technology solutions and services company for Global 1000 enterprises, said it had acquired Kanchi Technologies, a Milwaukee based award winning engineering solutions company. This acquisition will […]

» 2014-04-25

The Tata Group will have to shell out at least $1.2 bln (7,250 crore) to NTT DoCoMo before June end if they are not able to find a buyer for […]

» 2014-02-27

Tech Mahindra said it has signed an agreement with BASF Business Services Holding, a unit of German chemical giant BASF, to acquire its business with third party customers. “This includes the […]

» 2014-02-20

The department of telecom’s decision to maintain a key clause about spectrum pricing in mergers and acquisitions will make such deals costly for both parties and has dampened industry enthusiasm […]

» 2014-02-18

There seems to be some delays in getting the valuations and finer details right for the Bharti Airtel-Loop agreement, going by the latest statement from Bharti Airtel. The company said […]

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