Hyderabad, June 13
US-based software developer CollabNet has partnered Mahindra Satyam and Tech Mahindra to jointly develop and deliver Enterprise Cloud Development, Agile and DevOps solutions in the cloud services...
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Kolkata, June 11
Huge costs, particularly relating to employee benefits and provisioning for non-performing assets, might delay the merger of the five associate banks with State Bank of India, sour...
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Mumbai, June 12
Bharti Infratel today said the Delhi High Court has sanctioned the merger of Bharti Infratel Ventures Ltd, its wholly owned subsidiary with Indus Towers, effective yesterday.
“Hon’ble Hig...
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New Delhi, June 12
London-based BG Group today announced that it has completed the sale of its 65.12 per cent stake in India’s largest private natural gas distributor Gujarat Gas Co Ltd (GGCL) for about Rs 2,460 cro...
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Hyderabad, June 11
We are well on track to achieve $5 billion by 2015, says Gurnani
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New Delhi, June 11
Healthcare services provider Fortis Healthcare has announced a decision to sell its stake in the Fortis Hoan My Medical Corporation, Vietnam, to Viva Holdings Vietnam for $80 million. <...
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Hyderabad, June 11
The Andhra Pradesh High Court has given its nod for the amalgamation of Mahindra Satyam and Tech Mahindra. Delivering its judgment on a batch of petitions, Justice N.R.L. Nageswara Rao h...
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Kolkata, June 10
Viacom18, the 50:50 joint venture between US-based Viacom and India’s Network 18 Group, is likely to complete its acquisition in Eenadu TV’s (ETV) regional general entertainment channels (GECs) by...
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Gurgaon, June 13
Drug major Ranbaxy Laboratories today said it plans to launch more generic products in the US market with possible marketing exclusivity, while keeping options open for overseas acquisitions to gr...
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New Delhi/Chennai, June 13
A day after Apollo Tyres announced the Cooper Tire buy for Rs 14,500 crore, the scrip of India’s No 2 tyre-maker plunged 25 per cent to Rs 68.60 on the BSE mainly on fears of the huge debt the com...
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June 12, 2013
The acquisition of Cooper Tires by Apollo Tyres is a continuation of the company’s strategy to expand its global footprint. While its acquisition of Netherlands-based Vredestein Banden in May 2009...
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New Delhi, Jun 12
State-run Bharat Heavy Electricals Ltd (BHEL) is estimated to see a one-time expenditure of about Rs 870 crore related to the proposed amalgamation of Bharat Heavy Plate & Vessels with itself.
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New Delhi, June 12
Deal will vault Apollo to 7th spot in global tyre market
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New Delhi, June 11
The Competition Commission of India (CCI) has approved pharma firm Mylan Laboratories’ acquiring a manufacturing facility owned by Unichem Laboratories, saying the deal would not have an adverse i...
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Kolkata, June 11
PSUs and major private players have evinced interest in buying out West Bengal government’s stake in Haldia Petrochemicals Ltd (HPL), which has been put on the block.“The last date for subm...
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New Delhi, June 10
ONGC today committed a blooper when it jumped its own embargo to announce a $2.5 billion buyout of Videocon Industries’ stake in a giant Mozambique gas field but hours later withdrew that statemen...
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Hyderabad, June 10
The US firm has acquired approximately 60% stake at an estimated value of Rs 200 crore
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